60 Million Barrels of Oil to be Released from Strategic Reserves – BanksNews
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reporter: they are, norah. if all goes according to plan, this test should end about midday today. and throughout the night, engineers and scientists at the houston command center kept doing their calculations trying to figure out what the pressure levels inside this ceiling cap really mean. you can see the difference on the surface above the damaged well. the flames of the discoverer enterprise and q-4000 are out. the crude is not flowing, but there are concerns. i think we re to a point where there s enough uncertainty regarding what the meaning of the pressure is that we re seeing that we need to have due diligence moving forward. and we need to be careful not to do any harm. reporter: after the first 24 hours, the pressure level read 6,700 pound per square inch, an inconclusive reading that could mean so much oil has already flowed out that the pressure is lower than expected, or there is a leak underground.
bring in more vessels. the discovery enterprise will be brought back. that will probably be hooked up to this new three-ram valve stack that s going to be right here. the helix producer, which is actually in place now, they re getting that set up to be ready to go, that s going to be on this free standing riser over here. the pie seize will be connected to the three-standing riser. again, with the main oil coming from the valve stack going to the discovery enterprise. that s essentially how it s going to work. but again, that s only if this cap does not hold and they think they need to go to more siphoning of oil to the surface, golf, the next few hour, going to be very crucial. we re going to be watching it very closely, brian todd. thanks very much. we re going to also stay on top of all of these developments over the course of this next hour if that cap goes down, we ll bring it to you live. you ll see it right here in the situation room. other news, today marks six months since a
ocean floor but after that happens there is a series of technical things that need to happen, the pipes that need to be inserted and that sort of thing so they can start killing off the well. that will take some time as well so it s not like the moment that they crack into that well that everything shuts down completely so we re really looking at early to mid august before the wells are killed off completely if that first relief well is able to work all by itself. these are critical hours right now, ed. stand by. here is another way of looking at how much more oil has been flowing into the gulf while the old containment cap is being replaced. remember it s not there is no cap on it right now. bp says it recovered only about 8,000 barrels of oil yesterday. that s about 17,000 barrels less per day than when the cap was on last week. and the main recovery ship the discoverer enterprise was siphoning oil from the site just to give it some perspective. now to the future of offshore oil
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