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Doomsday101;3424331 said:They have not had an incident in off shore drilling for many years the overall track record in off shore drilling is actually pretty darn good.
I wish I could tell you it will never ever happen again but equipment fails accidents do happen.
Had this accident happened in shallower waters this well would have been capped much quicker bit different when drilling at 1 mile below.
Last thing you could mandate these companies but they are drilling in international waters along with drilling companies from China and other nations who are not going to be subjected to any mandate.
The incident I spoke about was much shallower than the current incident and it took the same route where they went through trying to kill it, then doing the top kill and some of the other things and still had to wind up waiting for the relief rigs to be done before it was stopped. This whole thing being spread about it being a mile down is the main problem is not supported by history of that other incident that was nowhere as close to being this deep.
Speaking of the mandate...that is why I said it should be the oil companies themselves making the requirements. It is in their best interest in not only looking better from a PR prospective but also it would be much cheaper than what the current situation is right now. They have lost huge amounts of oil, which they are going to pay royalties per estimated barrel already. If they are fined they can be fined per barrel. They lost a number of workers, lost a rig, have had to hire many more workers, get clean up equipment, paying for equipment to try to cap the well and this does not even take into account the number of lawsuits that are going to happen that will span many years due to continuing damage to the local environment.
It would be much cheaper to just make the two relief wells (which is what they will wind up doing) along with the main rig in the future...even if it is self mandated because end the end it will be better for their own reasons even if they don't give a crap about others.