Page 8 - Drilling Mud News Today

Same thing is true with this drilling mud, with toxic materials in it. on top of all the toxic materials in it. all of this totality still leaves the gulf of mexico as a toxic bowl of materials which is going to haunt this region for months and years to come. >> i guess the big question is will it be months, will it be years, will it be longer than that, whats the best intell youre getting on this that tells you that bp and the government is moving in the right direction. >> there was a scientif...

Finish the relief well is back in place expected to resume drilling later this week. the plan is still to use the new well to pump drilling mud into the broken well followed by concrete to seal it. just this week, a new controversy erupted over the drilling mud. when current bp ceo tony hayward testified in front of congress he told the committee the mud is not toxic. newly released documents show the drilling mud contains toxic chemicals like ethylene glycol as well as caustic soda. thats also ...

Earnings report. what could be expected there? >> it could be all right if you take out the effect of the gulf. the cost of the bp could be anywhere from 17 billion to 900 billion. consensus is about 33 billion. they will be paying for this for a long, long time. big question, will l. they be able to do more projects in the golf gulf as they go forward. new fellow will have to negotiate all of that. shep? >> shepard: gerri willis from the fox business network. working on a permanent fix to stop ...

>> i believe all the mud that has gone into the ocean is water based mud with no toxicity whatsoever. now bp is admitting that is not true. what do you think is going on here? >> it clearly wasnt true when he said that, chris. all drilling mud, even though a lot of drilling mud is fresh water based has a lot of chemical additives to it. especially 30 or 40,000 barrels. clearly there were toxic element s. >> is it possible he could have known -- he couldnt have known that there are chemicals in t...

In june, when mr. hayward was before our committee, i asked him if there were any toxic materials in the drilling mud. he said in response to my question, there is absolutely no toxicity whatsoever. well, to conclude this hayward era on friday, i received a letter back from bp telling me that in fact the drilling mud did include chemicals, chemicals that are used for example in anti-freeze for automobiles. which are toxic. and so once again, mr. hayward was either lying or just incompetent in te...

Students have injected drilling mud into the primary well which increased the weight of the fluid in the well, and this increased weight, increased the pressure on bottom of this column of fluid, and that was enough pressure to overcome the pressure of the reservoir. >> the national incident commander thad allen approved this static kill, but the final decision will be made by the federal government. we will watch it. a first ladys unflattering portrait of her husband and details of why her bo...

Static kill, and here is how it works. >> as you can see, the well is flowing from the top, and when the well is flowing, you cant do a static kill, because when you inject mud into the well, the mud is blown out into the ocean. to do a static kill, you have to have the apparatus at the top to control the flow. the brown area simulates mud. the blue area simulates the ocean. this is the primary well, and this is a cap and stack which are a series of controlling the flow. this is called a static ...

Weve been talking about here for the months this has been going on. this confidence that the technology is perfect, this will never happen, we can waive these environmental regulations, and these companies will just do the right thing and youre seeing the result of that after three months now of this disaster in the gulf. >> catching up to where we are today, bp seems to be saying it can safely pump drilling mud into the well at high pressure without spilling any more oil but cannot safely pump ...

He will sign the regulatory bill to a lot of hoopla, supporters and real people up on stage with him. >> mike at the white house this morning. the next big fight in financial reform, who is going to implement financial reform? anyway, thank you very much. gulf residents may have thought the day would never come, but the federal government and bp say the underground well could be permanently sealed within two weeks. ann thompson is nbcs chief correspondent in venice, louisiana. explain, ann, wh...

Evidence of the complacency weve been talking about here for the months this has been going on. this confidence that the technology is perfect, this will never happen, we can waive these environmental regulations, and these companies will just do the right thing and youre seeing the result of that after three months now of this disaster in the gulf. >> catching up to where we are today, bp seems to be saying it can safely pump drilling mud into the well at high pressure without spilling any more...