BP Oil Spill Updates

Is it financialy/politically viable to refine all that is collected thru the skimming/beach cleaning operations?

jf1acai wrote: Is it financialy/politically viable to refine all that is collected thru the skimming/beach cleaning operations?

That is the more reasonable question. The recovery and clean up costs should be discounted by the profits of refinement. HMMMM who gets the royalties? I would like a 1/4 of 1%

I believe that the 'profits' from everything collected are going into a special reclamation fund.

jf1acai wrote: I believe that the 'profits' from everything collected are going into a special reclamation fund.

I wonder who owns the mineral rights. Pretty convoluted I imagine.

Hoot Owl wrote: Is any of the oil they are collecting refineable? If not what are they doing with it?

Oh yes, it's a very simple process of boiling off the water

It looks like the transition spool is being moved into place on top of the LMRP - http://www.bp.com/liveassets/bp_interne ... ROV_1.html

Updated to add - http://www.bp.com/liveassets/bp_interne ... nROV2.html

Transition spool is on LMRP - not fully seated on flange yet.

Now fully seated on the flange.

Subsea operational update:


Installing the sealing cap is proceeding as planned

Flange was removed early in the morning on 11 July;
Flange transition spool has been landed and bolts are being tightened.

For the first 12 hours on July 11 (midnight to noon), approximately 4,035 barrels of oil and 9.8 million cubic feet of natural gas were flared on the Q4000.

Looks like the leak is no more, judging from the live video feed.