Bp's Runaway Gulf Oil Well...no Longer Leaking?

[Guest Sundancefisher]

BP shares leap as oil flow stops

Thursday, Jul. 15, 2010

 

BP Plc shares jumped 10% in New York trading Thursday after the beleaguered oil giant said the flow of oil from its leaking well into the Gulf of Mexico had stopped.

 

BP engineers Thursday stopped oil flowing into the Gulf of Mexico for the first time since April as they shut all valves on a new cap placed on top of a fractured wellhead, a BP official said.

 

“It is good to see no oil going into the Gulf of Mexico,” said senior vice president Kent Wells, but he cautioned: “We are just starting the test.”

 

More to come …

 

 

Read more: http://www.nationalpost.com/news/leaking+G...l#ixzz0tme26q00

 

[Ricinus]

Might be a few problems down the road though

 

 

 

[jksnijders]

 

Funny, read a while back they were 43 days behind schedule drilling that well at 500 k/day.. ?