BP says its Gulf of Mexico operation costs $990
The cost of the response to date amounts to about $990 million, including the cost of the spill response, containment, relief well drilling, grants to the Gulf states, claims paid and federal costs, the BP press release said.
BP says it is too early to quantify other potential costs and liabilities associated with the incident.
This week BP continues its efforts to control oil leak. It will deploy the lower marine riser package (LMRP) cap containment system. Operations are ongoing to cut through and separate the damaged riser from the LMRP at the top of the Deepwater Horizon’s failed blow-out preventer (BOP).
Deployment of the system will involve connecting the containment cap to a riser from the Discoverer Enterprise drillship and then placing it over the LMRP, with the intention of capturing most of the oil and gas flowing from the well and transporting it to the drillship on the surface.
BP said that all of these operations, including the cutting of the riser, are complex, involve risks and uncertainties, and have to be carried out by ROVs at 5,000 feet under water. Systems such as the LMRP containment cap have never before been deployed at these depths and conditions, and their efficiency and ability to contain the oil and gas cannot be assured. It is currently anticipated that attachment of the LMRP cap will be attempted later this week; however, operational delays could impact anticipated timeframes.
Meanwhile, BP continued its operations on the first and second relief wells, started on 2 and 16 of May. Both wells are still estimated to take around three months to complete from commencement of drilling.
This week BP continues its efforts to control oil leak. It will deploy the lower marine riser package (LMRP) cap containment system. Operations are ongoing to cut through and separate the damaged riser from the LMRP at the top of the Deepwater Horizon’s failed blow-out preventer (BOP).
Deployment of the system will involve connecting the containment cap to a riser from the Discoverer Enterprise drillship and then placing it over the LMRP, with the intention of capturing most of the oil and gas flowing from the well and transporting it to the drillship on the surface.
BP said that all of these operations, including the cutting of the riser, are complex, involve risks and uncertainties, and have to be carried out by ROVs at 5,000 feet under water. Systems such as the LMRP containment cap have never before been deployed at these depths and conditions, and their efficiency and ability to contain the oil and gas cannot be assured. It is currently anticipated that attachment of the LMRP cap will be attempted later this week; however, operational delays could impact anticipated timeframes.
Meanwhile, BP continued its operations on the first and second relief wells, started on 2 and 16 of May. Both wells are still estimated to take around three months to complete from commencement of drilling.