WASHINGTON–(ENEWSPF)–July 18, 2010. Per my conversation with BP Executive Bob Dudley as recently as 11 a.m. EST today, nothing has changed about the joint agreement announced yesterday between BP and the US government. The ongoing well integrity test will continue until 4 p.m. EST today, with the potential for additional extensions in 24-hour increments. As a condition of the extension, the US government has required significant new monitoring and periodic evaluation and approval by our science team.
Work must continue to better understand the lower than expected pressure readings. This work centers on two plausible scenarios, depletion of oil from the reservoir and potential leakage caused by damage to the well bore or casing.
While we are pleased that no oil is currently being released into the Gulf of Mexico and want to take all appropriate action to keep it that way, it is important that all decisions are driven by the science. Ultimately, we must ensure no irreversible damage is done which could cause uncontrolled leakage from numerous points on the sea floor.