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  • onedge953 onedge953 May 26, 2010 2:07 PM Flag

    Top kill underway

    Depends on who you believe.

    Last Update: 5/26/2010 1:50:46 PM


    --




    HOUSTON (Dow Jones)-- BP PLC (BP) is still preparing to plug a deepwater well at
    the origin of a massive oil spill in the U.S. Gulf of Mexico with heavy drilling
    fluids, a spokeswoman said Wednesday.

    "Diagnostic testing is still going on," said a spokeswoman at the company's
    London headquarters.

    The U.S. Coast Guard said earlier that BP had authorization to proceed with the
    so-called "top-kill" measure, which involves pumping drilling fluids into the
    Macondo deepwater well. The well began leaking crude at a rate exceeding 5,000
    barrels a day after the explosion and sinking of Transocean Ltd.'s (RIG)
    Deepwater Horizon rig more than a month ago. The rig was drilling for BP.

    -By Angel Gonzalez, Dow Jones Newswires; 713-547-9214;angel.gonzalez@dowjones.com

    (END) Dow Jones Newswires

    May 26, 2010 13:50 ET (17:50 GMT)

 
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