Casing In News Today

Hiccup, but a slow down. >> and basically, chad, they have to remove the debris first, right? >> yes, they have to get the debris out which will take about 36 hours. they want the casing in, and the well to go down. they have 100 feet down to drill before they intersect where they want to be. you have to understand that this is like trying to poke a pin in a nine-inch well down in the bottom 17 or 18,000 feet down. this is not the first try may not hit. you know the first try when they try to ge...

Somewhere between 35 and 60,000 barrels a day spewing into the gulf. they wanted to exceed that. they would have the capacity for 80,000 barrels a day. it would be interesting to see how much would be coming out of there if they do go back to that containment system. >> are the relief wells on track at that point? >> reporter: they are. that really is the best hope here. the first relief well is within 30 feet of getting to where it needs to get so they can lay the final casing in. it is approac...

The first relief well is within 30 feet of getting to where it needs to get so they can lay the final casing in. it is approaching the ruptured well at a two-degree angle. and then once they lay the final casing in, they have to drill another 100 feet before they intersect it. and when they intersect it, ç theyll look at two things, rachel. first of all, theyll look on the outside -- theyll intersect the well and think of it as tree rings. there is an annulus on the edge. they want to see if t...

Made a commitment to the bp organization to institute stronger global processes that had not existed, including a safety management process which was in progress. i dont think it was completed yet. like chevron or exxon or shell, safety management processes are in place to prevent this very thing from happening. >> when the current ceos of the other big oil companies testified yesterday, they all said to a man they would not have done what bp did here, the way they put the casing in, the way the...