Wednesday, June 23, 2010

BP Is Pursuing Alaska Drilling Some Call Risky - NYTimes.com

 

BP is moving ahead with a controversial and potentially record-setting project to drill two miles under the sea and then six to eight miles horizontally to reach what is believed to be a 100-million-barrel reservoir of oil under federal waters.

BP’s project, called Liberty, has been exempted as regulators have granted it status as an “onshore” project even though it is about three miles off the coast in the Beaufort Sea. The reason: it sits on an artificial island — a 31-acre pile of gravel in about 22 feet of water — built by BP.

Click on the following for more details:  BP Is Pursuing Alaska Drilling Some Call Risky - NYTimes.com

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