BP's well cap now containing 15,000 barrels of oil a day

Marketwatch ^ | June 7, 2010, 12:44 p.m. EDT | Steve Gelsi, MarketWatch

[Ernest_at_the_Beach]

Officials say more processing gear being brought in

NEW YORK (MarketWatch) -- BP PLC moved closer Monday to bringing to heel the Gulf of Mexico gusher that ranks as the worst spill in U.S. history, but officials acknowledged that more equipment is needed to process the huge flow of oil and natural gas coming from the ruptured well.

U.S. Coast Guard Adm. Thad Allen said BP is now capturing about 15,000 barrels of oil a day from a containment cap lowered onto the riser pipe lats last week, but more oil continues to billow out into the water from unclosed vents on the cap, as well as from broken parts of the seal.

BP will bring in a second processing platform with a capacity of 20,000 barrels a day to handle the mix of oil, gas and seawater coming from the well, Allen said during a press conference at the White House.

"The second vessel is on its way," Allen said.

[acoulterfan]

They are going to lie their heads off until the relief drill is finshed.

[Ernest_at_the_Beach]

Where is the lie ... here?

[Freddd]

That amounts to one drop of water in a 10 gallon bucket..

[Ernest_at_the_Beach]

Earlier cryptic note from Reuters...FR Thread:

UPDATE 1-BP aims to gather up to 20,000 bpd from oil spill

[Ernest_at_the_Beach]

So you have an estimate.?

[moovova]

So, does that mean gas prices will be coming down today?

[traderrob6]

Fingers crossed.

[Ernest_at_the_Beach]

I wish,,,I would like to see it well below 3.00.

[stefanbatory]

so...to use the deceptive figuring that the presstitutes have been using:

BP is now capturing 630,000 gallons per day of crude oil from the well. We should at least be consistent in our measures, right?

[a real Sheila]

“..said BP is now capturing about 15,000 barrels of oil a day from a containment cap..”

How is that so when BP said the well was only spewing 5,000 barrels? NO, wait, THEY LIED!

Then how can it be so when they said the well was only spewing 15,000 barrels and clearly there is some additional oil seeping out around the edges.

THEY LIED, AGAIN!

[FBD]

The estimates are anywhere from 500,000 gallons per day, to BP’s top end of two and a half million gallons a day.
-Big range! http://www.pbs.org/newshour/rundown/oil-ticker/

[dusttoyou]

BARRELS is the correct standard measurement in the oilpatch.

[FBD]

-it’s not “seeping”, its blowing out of there like wild.
http://edition.cnn.com/video/flashLive/live.html?stream=1
This well is quite a gusher.

[norraad]

..should have left this one alone, and they knew it, having been forced to realize The Deep Hot BiosphereThomas Gold by ruski rivals.

[pgkdan]

wish,,,I would like to see it well below 3.00.

_________________________________________________

Come on out to VA Beach...I filled up this morning at $2.45 a gal.

[stefanbatory]

I know that. However, the dinosaur media has been using gallons to exaggerate the scale of the disaster and so now we must use gallons to to provide a similar measurement of the fix...

[dan on the right]

Guessing how much is coming out of the well is one thing. Since BP is putting all the oil they are capturing from the well in a tanker, they can very accurately measure how much they have collected.

I know it is fashionable to bash BP, and clearly, they bear responsibility, (and have accepted it; unlike anyone else involved in this disaster), but it seems to me that they are the only ones working on this full time. Maybe they haven't been perfect with the checks and boats, but, as someone mentioned earlier today, these type of logistics are not what they do.

Hey, maybe the Feds can come in to manage the distribution of money. That is their strong suit.

[Ernest_at_the_Beach]

By erosion...and other factors... the flow could be increasing....

[TigersEye]

PBS? I’m surprised they didn’t say the well was spewing a hundred millionty billion barrels a day.