that led to the sdas terdisaste being the cement mixture. they say that is holly burtabou your halliburton s responsibility. also questions about pressure readings in the well in the hour leading up to the explosion.als readings in the well in the hour leading up to the explosion. bp saying some workers did not read that properly. you can imagine this won t go over well. transocean released a statement saying sefrnessentially this re is self-serving in an attempt to reveal the critical factor. so the fallout continues. there h is an independent report investigation being worked on as we speak part of the government investigation involving the coast guard and the former agency known as the minerals management service. but thwon t be due out until december. is there one thing in that
so come visit, but now at the same time there is news to report about the well. no, oil is not leaking, but reynolds wolf is there, and we could be a week away from being done with this thing. when i say done with this thing, we are talking about just the well itself, we could be a week away. reporter: i would say if this were a horse race we would be in the home stretch. we are close to the finish line. we may have a few obstacles, and we will get to that in a few minutes. let s start off with the telephone conference with admiral. the first thing they plan on doing is to finish the relief well. and the second objective is to complete the bottom kill. but before we get to that point he wants to release an order to bp where he wants to conduct pressure tests inside the well head itself and if the pressure readings seem okay they will
problem in some of the pressure readings at the top of the stack there and they re very concerned. at one point he told me during the questioning, hey, this could mean putting another blowout preventer on this fractured well before we finish the bottom kill. but still, they re still examining all the data, and he also during that discussion that it could be that they accept the risk that it is built in right now and declare that the well is sealed. it s something that he said several times today they will continue to monitor sub sea, below the water there to make sure that everything is going as well as it can right now, with the conditions. he was quick to stress that no oil has flowed for quite some time, as we just heard. and he also pointed out that this does not end this crisis. even when they declare that the well is permanently sealed, that the crisis is going to go on for quite some time. and he talked about what they plan to do to monitor the oil
that s the process we ve been moving into now. when we talk about the report a little bit earlier, let me read you something that an outside oceanographer had to say. it reflects a lot of what we heard about this report. this is a shaky report. the one that said 75% of the oil is taken care of. the more i read it, the less satisfied i am with the thoroughness of the presentation. there are sweeping assumptions here. how do you feel about the report when we read, okay, we re just going to have to deal with this quarter that s left. are you confident that that s that what this report encompasses is true? i go back to flow rate. early on there were huge questions about how much oil was actually coming out of the well. as you know it went from one to five to 12 to 25,000. we finally got a range that was developed by a government team of the 35 to 60,000 barrels a day. just in the last few weeks we ve been able through pressure readings on the well and better information, have been ab
the one that said 75% of the oil is taken care of. the more i read it, the less satisfied i am with the thoroughness of the presentation. there are sweeping assumptions here. how do you feel about the report when we read, okay, we re just going to have to deal with this quarter that s left. are you confident that that s that what this report encompasses is true? i go back to flow rate. early on there were huge questions about how much oil was actually coming out of the well. as you know, it went from one to five to 12 to 25,000. we finally got a range that was developed by a government team of the 35,000 to 60,000 barrels a day. just in the last few weeks, we ve been able through pressure readings on the well and better information, have been able to bring that down to 53,000 barrels a day with a 10% error rate on either side of it. once you know the flow rate and you know the well is capped, then you know there s an approximate total amount of oil discharged in this event. that ra