Tuesday, August 03, 2010

Well Flow Pegged at 57,000 barrels per day

The AP reported:

The federal task force says about 206 million gallons total gushed out of the mile-deep well between the April 20 rig explosion that triggered the spill and July 15, when engineers placed a temporary cap on the leaking well.

206 million gallons equals 4.9 million barrels of oil. Divided by 86 days, the well flow is 57,000 bpd. That's at the top end of official estimates to date. Someone's ready to wrap this baby up. How soon before BP writes a check and puts the nightmare in their rear view mirror?

Disclosure: My original daily flow calculation was in error. The information in this piece has been corrected.

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