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Share Price Information for BP (BP.)

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Share Price: 510.40
Bid: 509.40
Ask: 509.50
Change: -5.40 (-1.05%)
Spread: 0.10 (0.02%)
Open: 516.30
High: 516.60
Low: 506.10
Prev. Close: 515.80
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CORRECT: Efforts To Prepare Relief Well To Kill Gulf Spill Continued Sat

Sun, 01st Aug 2010 05:15

(A report "Efforts To Prepare Relief Well To Kill Gulf Spill Continued Sat" published at 10:05 p.m. EDT misstated in the sixth paragraph the amount of coastline affected by the Gulf oil spill. A corrected version follows.) NEW YORK (Dow Jones)--Work continued Saturday to prepare a relief well to pump mud and cement into BP PLC (BP, BP.LN)'s Macondo oil well, which has released millions of gallons of oil into the Gulf of Mexico since April, according to an update Saturday evening by the Deepwater Horizon Joint Information Center. On Friday, BP said that an attempt at a "static kill" would be delayed by a day or so to late Monday or Tuesday because rock debris found at the bottom of the relief well needed to be cleaned up. The relief well, drilled to a depth of 17,864 feet below the Gulf's surface, is currently being prepared by a drilling rig before the diagnostic testing can be conducted to determine the well's integrity and the probability of the relief well's success. Another vessel has completed pressure testing and is ready to conduct the diagnostics test, which will include pumping mud and cement in through the top of the well. As of Friday, BP said that the well has a capacity of 2,000 barrels, but six-times that amount of drilling fluid is sitting aboard vessels around the site where the Deepwater Horizon rig operated before it exploded and sank in late April. A second relief well was drilled to a depth of 15,963 feet as a redundancy measure. So far, 34.7 million gallons of oil-water mix have been recovered and controlled burns have removed 11.14 million gallons off the surface of the water. Oil has affected 623 miles of Louisiana, Mississippi, Alabama, and Florida shoreline. -By Naureen S. Malik, Dow Jones Newswires; 212-416-4210; naureen.malik@dowjones.com (END) Dow Jones Newswires August 01, 2010 00:15 ET (04:15 GMT)
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17 Jan 2024 15:03

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BP's Auchincloss named CEO, reaffirms energy transition plan

Auchincloss was interim CEO

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17 Jan 2024 08:48

LONDON MARKET OPEN: UK inflation surprises markets sending stocks down

(Alliance News) - Stock prices in London took a hit on Wednesday morning, after some hotter-than-expected UK inflation data added to interest rate worries.

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TOP NEWS: BP buys Getec Energie; promotes Auchincloss to permanent CEO

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17 Jan 2024 07:11

BP names acting CEO Murray Auchincloss as permanent leader

(Sharecast News) - BP has named its former chief financial officer Murray Auchincloss as its permanent chief executive, after having served in an interim capacity for the past four months.

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16 Jan 2024 21:28

PRESS: BP close to naming acting CEO Auchincloss as permanent chief

(Alliance News) - Directors of BP PLC were meeting on Tuesday evening to finalise the appointment of Murray Auchincloss, the company's acting chief executive, as its permanent boss, according to a report.

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16 Jan 2024 16:38

Shell halts Red Sea shipments over attack fears from Yemeni rebels

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Shell in Nigeria

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12 Jan 2024 15:39

London close: Stocks rise on positive UK economic data

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Shell signs 20-year purchase deal with Canadian Ksi Lisims LNG project

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London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

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