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Oil & Gas

Gulf Awaits Word on Latest Bid to Plug Oil Leak

May 27, 2010
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If oil stops flowing to the surface in the Gulf of Mexico, BP officials will know that their latest effort to plug a blown-out undersea well off the Louisiana coast was successful, according to the Associated Press. BP PLC was pumping heavy mud into the leaking well, and executives said Wednesday night that there had been no problems so far. Still, BP Chief Executive Tony Hayward said engineers would not know until at least Thursday afternoon whether the latest remedy was having some success. If the risky procedure, known as a top kill, stops the flow, BP would then inject cement into the well to seal it. The top kill has worked above ground but has never before been tried 5,000 feet beneath the sea. BP pegged its chance of success at 60 to 70 percent.
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