Engineer says BP abandoned well-capping plan with no explanation

A Transocean (RIG) engineer testified today that BP never explained its decision not to deploy a well-capping method his team had developed in 2010 to respond to the blowout of the Macondo well that led to the Gulf of Mexico oil spill, during the second day of the second phase of BP’s civil trial.

The engineer said he was surprised when BP chose another route to attempt to curb the out-of-control flow of oil from the well, as it seemed to be a sudden turnaround after days of steady progress.

BP can tolerate ~$40B in penalties but a severe penalty could batter its credit quality if the court finds the company was grossly negligent, Moody’s said today.

From other sites
Comments (5)
  • Charles Santerre
    , contributor
    Comments (1224) | Send Message
    Yes, BP is evil, stupid and incompetent. Isn't that what this type of coverage is alluding to? I hope BP fights back with the best defense money can buy. As an investor and person interested in this tragic accident, I am sickened by the judicial circus this has turned into in what is supposedly the greatest country in the free world. To see lawyers feeding off BP as if it was a dead body is truly disgusting and a disservice to those who were truly impacted by the spill. Two wrongs don't make a right.
    1 Oct 2013, 07:30 PM Reply Like
  • Midnite Cruiser
    , contributor
    Comments (28) | Send Message
    Of course he is going to try and cover his ass. Trans Ocean, Haliburton and Anadarko are all, the kind of friends, we all love to hate. As soon as anything goes wrong they all run away and turn into adversaries. Never wanting to take ownership of anything and deflecting blame anywhere but on there shoulders.
    1 Oct 2013, 10:03 PM Reply Like
  • FreeStateYank
    , contributor
    Comments (803) | Send Message
    Regardless of who is covering which posterior, there WERE odd things regarding the lead up to the Macondo well blow out. What I found interesting is we've not heard, to my knowledge, directly from the BP site manager. He was pulled, reassigned, dropped off the face of the earth.


    If I missed something, please let me know.
    2 Oct 2013, 12:39 AM Reply Like
  • bigbenorr
    , contributor
    Comments (1156) | Send Message
    Yeah they are currently awaiting trial for 11 counts of manslaughter. Also, Company men are typically consultants so they may not have been directly employed by BP. Don Vidrine and Robert Kaluza are the names. I think they will keep quiet unless forced to do otherwise.
    2 Oct 2013, 01:39 AM Reply Like
  • Ford289HiPo
    , contributor
    Comments (1005) | Send Message
    Did anyone consider that the "engineer" may not have been high enough on the totem pole? He may not have needed an explanation.
    2 Oct 2013, 11:19 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs