Tuesday, June 22, 2010

BP Spill Maybe Less Than Many Thought

Based on the available information and calculations, it is highly probable that the failed BP well is producing oil at a rate that is closer to 20,000 or 30,000 barrels of oil a day. If BP is currently collecting 25,000 barrels a day, then only some 5,000 barrels of oil are being spilled in the Gulf waters.
From Bloomberg article, "BP Spill May Be Less Than Doomsayers Think" by Tadeusz W. Patzek, chairman of the petroleum and geosystems engineering department at the University of Texas- Austin.

No comments:

Post a Comment