New Orleans, La. – BP Chief Operating Officer Doug Suttles says no decision has been made yet on what to do about the oil lease it holds to drill in the Gulf.
"Clearly there's lots of oil and gas here and we'll have to think about what to do with that at some point. But what we've always stated is the original well - the well that had the blowout - and the relief wells would be abandoned. And that's what we're doing."
New Orleans, La. – Retired Coast Guard Admiral Thad Allen says he's not ready to declare the well dead just yet.
"I think we can all breathe a little easier regarding the potential that we'll have oil in the Gulf ever again. But we need to ensure the people of the Gulf and the people of the United States that this thing is properly finished and that will be through the bottom. Now how long it takes depends on when the cementing is done."
New Orleans, La. – The report by the National Oceanic and Atmospheric Administration says about a quarter of the oil that spilled remains in the Gulf. NOAA Administrator Jane Lubchenco says most has dissolved naturally or with the use of chemical dispersants.
New Orleans, La. – Heavy mud will be pumped one barrel at a time every minute, then two barrels, then three while engineers monitor pressure inside the cap that's been holding back the oil since mid-July. Coast Guard Admiral Thad Allen says cement could complete the procedure, depending on the condition of lines supporting the well itself.