All posts tagged "Reservoir"

BP PLC said Friday it might someday drill again into the same lucrative undersea pocket of oil that spilled millions of gallons of crude, wrecked livelihoods and fouled beaches along the Gulf of Mexico.

BP says it will start shoving mud and maybe cement into the blown-out oil well in the Gulf of Mexico on Tuesday in what could be one of the final steps to plug it for good.

Engineers probed BP's ruptured Gulf oil well for leaks on Saturday but said a giant cap placed on it two days ago appears to be holding despite puzzling pressure readings.

The retired chairman of an energy investment banking firm told National Geographic in little-noticed comments Thursday that efforts to stop the oil leak under the Gulf of Mexico could prove fruitless and than oil could gush into the ocean for years.