BP CEO Tony Hayward says the reservoir that feeds the gushing well in the Gulf of Mexico probably still holds about 2 billion gallons of oil.
Appearing before a House subcommittee, Hayward estimated that the reservoir tapped by the out-of-control well holds at least 50 million barrels of
oil. At 42 gallons per barrel, that's 2.1 billion gallons.
According to government estimates of daily flow figures, anywhere from 73.5 million to 126 million gallons gushed from the breached wellhead —
whether into the water or captured.
That means the reservoir likely holds 94 to 97 percent of its oil. At the current flow rate, it would take from two to nearly four years for all the
oil to leak from the field if it can't be stopped.
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Could you imagine if all fails, including the relief wells? For this spill to last 2 - 4 years would be absolutely devastating, to a degree of
biblical proportions. I do have to admit that I think the relief wells will work but just what if they too fail? Could we then really see one third of
all sea creatures die off? If this leak lasted for 3 years, I wonder if it would effect all oceans, not just the Gulf of Mexico and Atlantic Ocean. As
it is now, leaking for months, I think is almost biblical proportions and I never use that term lightly. I guess we can only wait and see what
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