BP (NYSE:BP) oil is bringing in a new blowout preventer for the well. The company is waiting to hear from U.S. officials for instructions on how to proceed. Thad Allen, National Incident Commander is the one who ordered the new piece.
U.S. officials put a halt to the bottom kill procedure. The primary concern is that the 1,000 barrels of oil currently trapped in the well could leak. The well was finally sealed July 15th, but not before spewing 4.9 million barrels of crude oil into the Gulf region.
Meanwhile, tests and talks continue between the Obama administration and BP. They have not yet decided how to move forward with the completion of the final 50 feet of the relief well. Allen said that the new blowout preventer will be replacing existing equipment. Although it's unclear whether it will be before or after the bottom kill.
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