BP: Oil capture system in Aug/Sept if relief wells fail

HOUSTON (BestGrowthStock) – BP would implement a permanent oil-collection system at its Gulf of Mexico leak by late August or early September if a pair of relief wells fail to plug the gusher, a BP executive told the Obama oil spill commission on Monday.

“If the relief wells for whatever reason fail, the other option we are working on is we install what I will call a permanent collection system,” said Kent Wells, senior vice president of exploration and production.

(Reporting by Kristen Hays, Editing by Sandra Maler)

BP: Oil capture system in Aug/Sept if relief wells fail