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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Sam who wrote (253885)6/13/2010 12:32:26 PM
From: neolibRead Replies (1) of 306849
 
And how can you be so sure he is wrong?

I'm pretty sure he is wrong, because so far, there is no evidence of this very large leak 6 miles ways. 100KBpd should be noticeable.

It was pretty clear from the start that 5KBpd was too low. I was one who posted here quite early on that that flow rate was quite low (around 200gpm which does not look anywhere near what the videos looked like). Its been very unfortunate that both BP & the Government appeared to stonewall early attempts by various groups to get a more accurate handle on the flow. BP for obvious reasons. The Government for less obvious ones (to me). But with the meassured recovery flow, and before & after pictures of the riser bypass flow, I think the values now being estimated of 20-40K (I'd lean much more towards 30-40K) are getting ballpark. So I don't think there is another 100K somewhere else. Since this other well is not being dispersed, there would be a massive oil slick somewhere above it.

Regarding some of my earlier comments about BP screwing themselves by believing their lowball flow estimates, after more reading, I don't think this is the case. The 15Kbpd limit was likely imposed because that is about all that was available for the type of equipment needed. I suspect BP knew it would be too little, but doing something was better than doing nothing. Collecting 1/2 the flow is worthwhile. I still fault them for not doing more simultaneously. The tankers should have left a month ago and been sitting in place. BP does not seem to be doing much contingent planning.
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