BP To Complete Well Seal Saturday As Relief Well Finished

[SidDithers]

http://online.wsj.com/article/BT-CO-20100917-705728.html

BP PLC (BP, BP.LN) said it plans to complete the sealing of its Macondo well on Saturday as Transocean Ltd.'s (RIG, RIGN.VX) Development Driller III rig has drilled the final 45 feet of a relief well.

An explosion on Transocean's Deepwater Horizon resulted in the well rupturing and spilling millions of barrels of oil into the Gulf of Mexico. The well has been sealed from above since July but is being intersected from below to complete Macondo's shutdown.

The relief well's drilling was halted for nearly a month, first due to weather impacts, before resuming Monday.

BP said Friday that testing of drilling mud recovered from the well indicated no hydrocarbons or cement were present where the wells intersect and a planned injection of cement to reinforce the current plug may proceed.

Good.

Sid

[jaxx]

1. This will finally be the end of the Macondo well.

Thanks for the update.

[applegrove]

2. Hope it goes as planned. It is absolutely amazing what they can do when

they have their **** together. Unlike before the disaster when they were ignoring regulations.

[Scurrilous]

3. Good news.

:thumbsup: