Thursday, September 16, 2010

BP (NYSE:BP) Relief Well Probably Intercepting Macondo Well Today

Sometime today the relief well of BP (NYSE:BP), which will finally and permanently plug the Macondo well, should reach the targeted section and begin its final steps to that end.

On Wednesday they were reportedly about 30 feet away from the intersection point.

National Incident Commander Thad Allen said, “Four days from now it could be all done. We’re within a 96-hr window of killing the well."

Killing the well is different than the intersection talked about here. That will take, as Allen mentioned, up to several days.

At that time the "bottom kill" should be completed and the final injection of cement and mud finished.

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