UK Times – BP capturing less oil than expected, company says
“The cost of the response to date amounts to about 760 million dollars, including the cost of the spill response, containment, relief well drilling, grants to the Gulf states, claims paid and federal costs,” said in a statement.
“It is too early to quantify other potential costs and liabilities associated with the incident.” The latest estimate of costs compared with previous guidance of 625 million dollars.
The troubled company also revealed on Monday that it had retrieved between 1,360-3,000 barrels of oil per day last week from a tube inserted into the leak.
BP had estimated last Thursday that it was capturing 5,000 barrels per day but revised this down to 2,200 over the weekend.
UK Times
5/24/10
Magnolia Tribune
