I would absolutely sue BP... FO SHO
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As a petroleum engineer, several coworkers and I were discussing this exact scenario the moment the rig sunk. If they cannot get the BOP to function (which it appears they can't) the only option is containment until the relief well is drilled (which will be months). They will drill into the existing wellbore and pump very dense heavy mud into the wellbore to "kill" the well. Then the can begin the repair process.
What a horrible tragedy.
I wish the engineers would think of this stuff BEFORE they build it. Just take 5 minutes and think, "what happens if this super deep oil well breaks open, then what do we do?"
sigh, this is all so upsetting
Dang Bob,Betchya somebody took some shortcuts, pocketed some profits, and walked away leaving the public to pay for the consequences.
I From what I can ascertain, the big hope is that the "domes" they are constructing onshore now to place over the leaks (and siphon off the oil before it gets away). However, I understand while that particular type of technology has been proven effective at shallower depths, it has not been deployed in deep water, so that's an unknown variable at this point. I certainly hope it does work, because it's going to be a long, long time before they are able to get the relief wells drilled, and that much oil will certainly have very significant effects upon the marine environment.