Feds And BP Roll The Dice On Well Shutdown
We have never been as close to getting BP's now capped Mocando well irrevocably sealed. At the same time the associated risks have never been higher. Five sea floor leaks around the well and a single leak two miles away have been dismissed as inconsequential by Coast Guard Adm. Thad Allen. The logic Allen used to dismiss the leak two miles away is a pure guess that the leak comes from an old abandoned well. Allen also discounts the five leaks near the well as "drips," displaying an official willingness to continue taking the risk of a significant sea floor rupture. Despite recent differences between the two, Allen and BP now agree they can monitor closely and quickly open the well cap if the leak volume escalates. Hopefully it works out for them, and for us. There's a storm now building and likely to impact operations within days. That means a key decision point will be reached when and if they have to pull away all ships: will they leave the well closed or not u