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In testimony to government investigators, rig workers repeatedly described a "natural conflict" between BP, which can make more money by completing drilling jobs quickly, and Transocean, which receives a leasing fee from BP every day that it continues drilling.
The news came as Dana announced it had found "no significant hydrocarbons" after completing drilling at the Magnolia exploration prospect.
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In July, a massive 110-ton tunnel boring machine completed drilling for the city's $2.1 billion extension of the No. 7 line from Times Square to the new station.
But in a significant concession to the oil industry, companies will have to reveal the composition of fluids only after they have completed drilling.
At the very least, though, engineers say the static kill will help pinpoint leaks that need to be filled once they complete drilling one of two relief wells.
A Western oil consortium said that it had completed drilling in the Caspian Sea at the first exploration well of what could become one of the world's largest offshore oil fields.
Now — as it appears BP might complete drilling its relief wells by late July or August — the company is beginning the equally difficult job of regaining the confidence of its stockholders and business partners.
But in a significant concession to the oil industry, companies will have to reveal the composition of fluids only after they have completed drilling — a sharp change from the government's original proposal, which would have required disclosure of the chemicals 30 days before a well could be started.
The team, from Russia's Arctic and Antarctic Research Institute, had completed drilling to the surface of the lake in February 2012.
BP will then complete drilling a relief well which it can use to plug the blow-out well with mud and cement.
My understanding of how deepwater rigs operate is that the lessor who's paying close to a million daily in rig fees is always under the gun to complete drilling as fast as humanly possible.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com