BP says LMRP cap continues to collect oil, gas from Macondo well
Singapore (Platts)--7Jun2010/534 am EDT/934 GMT
BP Monday said that the containment cap installed at its leaking Macondo well on June 3 continues to collect oil and gas flowing from the well and transport to the Discoverer Enterprise drillship on the surface.
On June 5, a total of 10,500 barrels of oil were collected and 22,000 Mcf of natural gas flared, it added.
From June 3 through June 5, the volume of oil collected was 16,600 barrels and 32,700 Mcf of natural gas was flared, the company said.
BP also said in the statement that the cost of the response to date amounts to approximately $1.25 billion, including the cost of the spill response, containment, relief well drilling, grants to the Gulf states, claims paid, and federal costs.
This excludes the $360 million in funds for the Louisiana barrier islands construction project. It is too early to quantify other potential costs and liabilities associated with the incident, the oil major said.
--Mriganka Jaipuriyar, mriganka@platts.com
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