Fail Safe Device News Today

Which were conducted just hours before the explosion. transocean, one of the worlds largest operator of drilling rigs, says it has no reason to believe that the rigs fail-safe device called a blowout preventer, was not fully operational. but weve learned from cameron, the manufacturer of the blowout preventer, that the device had a leak in a crucial hydraulic system and a defectively configured ram. >> internal transocean documents reveal the fail-safe blowout preventers had 260 known scenarios ...

Supposed to be sort of a fail safe device that if they do get something like that, they flip all the switches and it shuts everything down, even cuts through the drill pipe if necessary. but you found there were problems with the blowup preventer, what was going on with it? >> well, the blowup preventer, its almost comical, unfortunately, we have this economic disaster happening. it should cut off this pipe, cut it and seal off the well. theres deadman switches. well, we found that the batteries...

To this bp official is wandering off, not accumulating at the surface. there is -- you see the animation there. there is separately oil leaking to the surface, but separately, possibly up to 50%, natural gas coming to the surface, its either breaking up before it gets to the surface or breaking up on the surface. now, this official says they are not dialing back on their estimates of the liquid flow from the pipe. this is still a huge leak, he says, around 5,000 barrels a day of an oil and gas m...

During this hearing. first off, that this well before the explosion may have failed two crucial pressure tests. the other thing, that the safety shutoff device, that blowout preventer, weve heard referred to as the bop here in the last couple of days, was not working properly before the explosion. listen to what congressman henry waxman who is the chairman of this full committee, said at the beginning of this hearing. >> transocean, one of the worlds largest operator of drilling rigs, says it ha...

Im not sure what they are. when the dow is down 1,000 points you are pretty close to it. megyn: its a fail safe so there cant be too much of a bloodletting in one day? >> yes,, its a fail safe device that keeps panic from getting a grip and running loose in a big way. megyn: how does this affect -- in the market already it many better than what it was. now its down 483. its better. im getting this information apparently the biggest all-time point loss was 777. that was back on 9-29-08. how does ...

North sea and it is used by bp on all of its north sea rigs. it is called an accostic regulator device and it can remotely turn or shut off the pipe in the event of a blowout. they did not have one on this pipe. they were excused from having that in a 2003 meeting with dick cheney in which he said -- he absolved the oil industry from installing the safety devices in its offshore rigs. they also didnt have a dope-well valve, apparently, which is another valve that is 200 feet below the surface of...

[ male announcer ] wells fargo. with you when youre ready to move. bobby kennedy will we eventually find out who what, where, when, why? >> well, the coast guard and the management agency is currently doing a postmortem. the -- what they are focusing now is the absence of a number of piece of equipment that could have provided a fail safe for this operation, larry, one that was apparently no acoustic regulator device which is a device that could remotely shut off the valve. there was a manual ...

Series of equipment and operational failures if the largest oil and oil service companies in the world had been more careful, 11 lives might have been saved and our coastlines protected. >> what specific equipment and operational failures did investigators find? there were four known problems with the blowout preventer, which was supposed to be the fail-safe to cut off the flow of oil and gas. part of the prevention process is literally to cut the cord with the drill pipe. but the shears were on...