BP, at hearing, defends cost structure at Macondo well

摘要

Metairie, Louisiana-It is not unusual for the cost of an exploratory well to skyrocket over original estimates, as the Macondo well in the Gulf of Mexico did over the course of its sixmonth drilling program, Michael Beirne, an offshore land negotiator for BP, told a marine board panel October 6. The panel is holding its fifth session of hearings into the April 20 accident aboard the Deepwater Horizon in the Gulf of Mexico in Metairie this week.