Report Blames BP’s Shortcuts for Gulf Oil Spill |
| New York Times - Sep 14, 2011 |
BP, running weeks behind schedule and tens of millions of dollars over budget trying to complete its troubled Macondo well in the Gulf of Mexico, took numerous shortcuts that contributed to the disastrous blowout and oil spill last year, federal investigators concluded in a report released on Wednesday.
The central cause of the explosion aboard the Deepwater Horizon drilling rig was a failure of the cement at the base of the 18,000-foot-deep well that was supposed to contain oil and gas within the well bore. That failure led to a cascade of human and mechanical errors that allowed natural gas under tremendous pressure to shoot onto the drilling platform, causing an explosion and fire that killed 11 of the 115 crew members and caused an oil spill that took 87 days to get under control.
The two-part report, compiled by a joint task force of the Bureau of Ocean Energy Management, Regulation and Enforcement and the United States Coast Guard and covering more than 500 pages, is the most comprehensive to date on the April 2010 disaster. Its findings largely mirror those of other investigations, including the inquiry by the commission named by President Obama to determine the causes of the calamity. That panel issued its findings in January.
Read Full Article from New York Times
- Posted: 2011-09-14 13:40:19
| More Stock Investor Place Company News |
 |
|
|
|
| Stock Investor Place Company News Archive |
|
|
|
