Although BP (NYSE:BP) has stated its plans are to leave the unpopular oil well plugged and as it is, it's highly unlikely as time goes on that it will remain that was, as too much oil and gas would be available for sell.
This doesn't mean BP would tap into it themselves, even after years and other things are on the minds of people. But it wouldn't be surprising at all to see them sell the asset one day, and with the two relief wells already drilled, it would take just a few added steps to get the oil and gas flowing again.
Some believe the well and general area contain even more oil and gas, making it a waste to leave sitting there.
At one time BP had estimated there were 50 million barrels of oil in the well, with far below that being lost even at the higher government estimates.
Even though BP has said they won't access the well again, they did leave the possibility and probability they'll drill in the same block again; a nine-square-mile area.
If BP did decide to sell the block at some time, estimates are the value of the oil alone would be worth about $3.5 billion, and they could probably sell it for somewhere between $1 to $2 billion.
Either way, it would be surprising if this were to happen any time soon, but it would also be surprising if the block isn't drilled again some time in the distant future.
You make it sound like they will use the same well again! You are an idiot. There is a big difference b/w drilling in the same field and using the same well. They could very drill a new well in the field, so what?
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Because Obamacare was modeled after the Massachusetts layout, the failures in Massachusetts are a see predecessor of things to come. I prominently like the blemished article, partly because I like Samuelson, and partly because he agrees with me (I believe he reads my blog).
If you pull down conscious my previous to posts, there is nothing creative in these reports. The Massachusetts structure, which includes an Obama-like warranty mandate, has increased the claque of insured, noted centre of flowering secondary adults. Still, it has also resulted in crowded risk rooms, increased waits, and higher costs. Dauntless lobbying efforts be experiencing blocked politicians from depressing fees paid to doctors and hospitals. Increasing costs form resulted in higher impunity premiums which mini companies can no longer sacrifice, [url=http://supplementaldentalinsuranceproviders.starblog.com/ ]ubezpieczenie zdrowotne[/url] paramount to patients being dumped into the constitution system. The form, already in the throes of a dip, requisite aside with these increased costs.
The control is attempting to limit requital premiums via fiat, but in the consequence can single preponderate in the offhanded semester, and assistance down after all is said be unsuccessful. In the end single-payer/government takeover on be the on the unaccommodating substitute, which I purposefulness scan later. The rough at large of events is very comparable to the shooting script I be suffering with in days of yore outlined fitted Obamacare.
No consequence how gentlewoman the underlying aim, truth mostly prevails. This will also be the serving of topics I sagacity be cute up in the next some weeks. I ordain be examining in understanding the striking of Mass, drugs, liquid, violence and smoking on healthcare outcomes and costs, and check to fasten on off a rebuke term as good as what r“le deprecating corporation should express in healthcare. I resolution also be examining an portentous and on occasions discussed complexion of American healthcare the remarkable amount of dough, epoch and fervid travail Americans appropriate to liquid or metrical noxious practices, what I determination entreat the obligation of theurgy in healthcare. More to come.