NYT reported:
Admiral Allen said that such a pressure buildup suggested that the well was not damaged. But he said that the pressure level reached — about 6,700 pounds per square inch, or more than 450 times atmospheric pressure — was below that expected for an intact well.
One explanation for the ambiguity, he said, is that the reservoir of oil 13,000 feet below the seabed could have been depleted by the well as it galloped out of control for nearly three months. But another possibility is that the well is breached, with oil and gas escaping into the rock or, worse, into the gulf through the sea floor.
That's exactly what Matt Simmons asserted for 50 days. He reiterated it yesterday to Dylan Ratigan.
Update: Pressure readings after 41 hours were 6,745 pounds per square inch and rising slowly, Allen said, below the 7,500 psi that would have shown the well was not leaking.
Update 2: Matt Simmons passed away due to accidental drowning with heart disease as a contributing factor. How many people get dissed in their death announcement? May Matt Simmons rest in peace.
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