Page 23 - Water Depth News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Liberty island, a manmade island subject to the less string jen onshore regulations -- less stringent onshore regulations. >> the manmade islands work up to a point many after you get to a water depth greater than 25, 30 feet the an applicationability does not work. we are in this year -- this wear we need a threating rig. >> greta: are you subject to onshore or offshore? >> offshore. >> greta: mms your regulator? >> mms -- >> greta: that bothers us too. i realize they had conflict of interest trying to regulate and collecting money horrible conflict of interest that has been changed. how can ...

These kind of blow-out protectors and caps on the racks, as you say, so we can pull them off and put them if place in case, god forbid, this happens again? >> i believe that's absolutely correct. i think the easiest solution to the concerns that we all have are to have this equipment available. now this particular type of cap is something they didn't have before, but now they will have that available. and i think it would be appropriate for them to have the equipment they need for every type of well depending on the specific conditions, the pressure, the temperature and the water depth, to hav...

Arguments fortunate arguments. meanwhile out in the gulf of mexico, it's the new safety concerns that have slowed oil operations. off the coast of louisiana, sits the spartan 151, off-shore rig used to dig new wells and finish work on others. >> then listen for where the fire is at. >> on board, the disaster drill comes first. but aside from that ringing bell for our ears, this rig has been pretty quiet the past month. >> as you can see right now, it's dead silence, there's nothing going on out here. >> this rig here is a shallow drilling rig. in fact, the water depth below us here just 40 fee...

Our own tom costello got the view from the air. he toured the barrier islands with bp's coo doug suttles. >> americans are struggling to understand how bp doesn't have a firm grasp on how much oil is coming out of that pipe since it's your pipe, your equipment, your pressurization methodology at play here. why don't you have a better feel for that? >> well, the problem we have is that it's -- that the leak is at 5,000 feet of water depth and you can't put a meter on it down there. you can't do precise measurements down there. nbc's tom costello in houma, la la, on the ground now. but that was ...

Well? >> absolutely. and that started about a week ago. that work continues. the well is at about 9,000 feet. about 5,000 of that is the water depth. then the rest of drilling below the sea floor. we're slightly ahead of plan here. these are complex tasks but making very good progress. >> we talked about this last week and saw a lot of fishermen looking to file claims of economic damages. where are you with this idea of economic damages? last week when we talked to you, you said bp would pay all, quote, legitimate claims. but then when your ceo met with senator bill nelson in recent days, sena...