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BP Reveals Less Oil Is Being Siphoned Than Reported
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May 24, 2010 11:15 a.m. EST
Topics: environmental cleanup, disaster and accident, oil and gas - upstream activities, environmental issue, accident, economy, business and finance, energy and resource, United States
Ayinde O. Chase - AHN News Editor
Venice, LA, United States (AHN) - BP admitted Monday that less oil than originally reported is being siphoned with the tube implanted into the leaking oil well last week. The revelation has brought new questions and skepticism over the oil giant's methods for containment and its disclosure protocols.
The mile-long siphon tube is capturing an average of 2,010 barrels a day, a figure less than half the 5,000 barrels the company estimates is leaking into the Gulf of Mexico.
Conflicting accounts and estimates have been the norm since the explosion and subsequent sinking of the Deepwater Horizon oil rig off the Louisiana coast more than a month ago.
Company execs told shareholders last week that 3,000 barrels a day were being siphoned, but another spokesperson told reporters the tube had been collecting 5,000 barrels of oil a day.
The oil spill has cost BP $760 million so far, up from the $625 million estimate it issued May 18.
According to the U.S. Coast Guard, more than 65 miles of the Gulf coast has been hit by the oil spill, and less than half of it can be cleaned up quickly.
The oil company has been planning to attempt a procedure known as a top kill, where heavy fluid would be injected into the well. Doug Suttles, chief operating officer for exploration and production, said in an interview on NBC Monday morning that the procedure would occur on Wednesday morning, one day later than previously reported.
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