Friday, November 18, 2011

Brazil Oil Spill - Well Plugged, Leaks Abating

We are still waiting to get more good satellite imagery of the Chevron / Transocean oil spill in the Campos Basin - it's been cloud-covered since our last image on November 12, so we've been unable to provide any new information.

But we are happy to pass along that Brazilian authorities report the well was plugged yesterday with cement, and the leakage from nearby points on the seafloor is greatly diminished. We expect to see a much smaller oil slick, if any, when we get another good satellite image of the area.

Brazilian Federal Police have launched an investigation into the causes and size of the spill. We hope all of this information becomes public: deepwater drilling is a global business and these were two of the biggest global players, so lessons learned from this incident will apply here in the U.S. too.

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