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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: Fudd who wrote (30661)8/7/2006 7:51:06 PM
From: Bucky Katt  Read Replies (3) of 48461
 
BP, the world's second-largest oil company, began shutting down the pipelines on Monday and said it would replace 16 miles of the 22 miles of transit pipeline it operates in the Prudhoe Bay field following a leak discovered Sunday.

BP officials said the line where the leak was found was last checked for weakness using a technology called a "smart pig" in which a device is sent down the tubes to assess pipeline integrity in 1992.

BP had not done a routine maintenance "pigging" on its transit lines because they didn't think it was necessary because those lines carry clean crude from which water was removed.

Steve Marshall, president of BP Alaska, said the company believed ultrasonic testing of pipeline wall thickness was an acceptable substitute on those lines.

In hindsight, he said, that has proven not to be sufficient.
(NO SHIT)
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