Thursday, September 2, 2010

BP (NYSE:BP) Starts Cap Removal in Preparation for "Bottom Kill"

With weather cooperating, BP (NYSE:BP) said they're ready to begin the first step leading to the permanently sealing of the oil well with the "bottom kill."

The first step in the process is to remove the cap they plugged the leak with, which has kept the oil from leaking into the Gulf of Mexico since July 15.

After the cap is removed, the next step will be to remove the blowout preventer which failed to do its job in preventing the oil leak from happening in the first place.

From there they'll put a new blowout preventer in place in order to protect the well when the final procedure is begun.

The trick and desired result is to remove the failed blowout preventer without damaging it, as it's a key piece of evidence in the ongoing investigation.

Each step will depend on the weather, so it could be one thing done at a time and then wait, if the weather doesn't cooperate.

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