Thursday, June 10, 2010

BP (NYSE:BP) to Capture 10,000 Barrels More a Day by Next Week

BP (NYSE:BP) said they should have the ability to capture another 10,000 barrels of oil a day next week after a second system is used on the well head, which it will be attached to.

According to Senior Vice President Kent Wells, the way the second system will work will be to connect hoses to the blowout preventer on top of the well, which has the potential to increase the amount being siphoned.

From there they are expected to burn off the oil once it reaches the surface.

Since the capped the oil well six days ago, BP has collected about 73,000 barrels of oil on the Discoverer Enterprise.

The company has said the majority of the oil escaping the well should be captured by next week.

No comments: