Even before the disastrous explosion which rocked and destroyed the Deepwater Horizon oil rig operated by BP (NYSE:BP), the oil giant reportedly was ready to abandon the well just days before the accident.
Testifying before a federal investigative panel today, that was the assertion of BP engineer Grew Walz.
Evidently the engineers on the project weren't sure as to how to go ahead with a pressure test before the accident occurred. That seemed to bring BP to the point of dropping the Macondo well project. They now wish they had.
In other testimony, it came out that BP's time-frame concerning how long it would take to install another 15 centralizers was longer than the technician who was going to do the work.
BP has said it would have taken about 10 hours, while the technician stated it would have only taken about 4 to 8 hours.
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