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Detailed text transcripts for TV channel - MSNBC - 20100716:05:05:00

i think admiral allen said 8,000 or 9,000 pounds, which concerns me about the wellhead that we talked about yesterday. if it stays steady, it shows that it will hold it. if it levels off at a lower pressure, they ve got a leak down below. if it goes up and then breaks down, then they ve caused some damage. that s what they re going to be looking for. what do they do in either eventuality?รง how does this turn out? they ve got to open it up and get this well throwing back to the surface through those four risers that have been set in place to keep pressure off the well so it doesn t leak either underground blowout further down or possibly to the surface in some of this upper damage. how confident are you in their having the equipment that s needed to fully examine the wellbore and the sea floor for damage? are they just going by those pressure measurements? i think they re doing a pretty thorough evaluation. i ve been watching the rovs. they ve been flying the rovs real low ove

Detailed text transcripts for TV channel - MSNBC - 20100716:02:06:00

well and others focused on other parts of the operation. some of the rov cages and some of the gauges. so they re watching it pretty closely. as we mentioned, admiral allen says it remains likely they ll resume containment using the cap. is there a way to read anything into that or is he hedging his bets since they re operating without enough information yet themselves? what i read into that is they know this well can t be shut in for a long period of time. plus, they don t want this well to be shut in while they re trying to complete that relief well that s just a few feet away. that creates bottom hole pressure that s harder for them to kill once they get there. is it any clearer to you today than yesterday about why this sequence occurred in the way it has? the tests and the suspension initially of the tests and the resumption, and the tests were going to be six-hour intervals and now all of a sudden the thing is entirely shut off? it sounded more than a little ad-hoc. it s

Detailed text transcripts for TV channel - MSNBC - 20100716:00:49:00

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Detailed text transcripts for TV channel - MSNBC - 20100716:17:11:00

readings are above the danger zone, 6,000 or below would be dangerous. it s about 6,700, the last reading that we got from bp. so last the possibility that below the sea level there may be some sort of leak coming out of that riser pipe? exactly, andrea, what admiral allen had been saying is that what we want to see is a reading, it s like looking at the blood pressure for this well. pounds per square inch of 9,000, what we re seeing right now is it is around 6,700, but rising. what we re afraid of, what we should be concerned about, alert to is that there could be leaks that are coming out of the well at some point that are making it impossible to reach that 8,000 to 9,000 pounds per square inch level. again, it s heading in the right direction right now, we don t know where it s all going to

Detailed text transcripts for TV channel - MSNBC - 20100716:05:03:00

until engineers finish drilling two relief wells and try to plug that well permanently. reaction this afternoon was cautious. all of us have been watching those horrible images for almost three months now. it s the first time in that time period we haven t seen that image. but i have to stress, we have to manage our expectations. because depending on what the results are could depend on what happens next. i think it is a positive sign. we re still in the testing phase. i ll have more to say about it tomorrow. of particular concern in the next two days, what scientists cannot see beneath the seafloor. whether oil and gas could be seeping through cracks in the wellbore. admiral allen saying tonight once tests are concluded it is likely bp will return to oil capture vessels and to containing the crude. the relief well a number of weeks off, even though engineers only have 37 feet left to drill for one of them to hit home. let s turn to oil and gas industry veteran bob cavnar. who wr

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