Deepwater Horizon Disaster - a Cover-up for an earlier Gusher ?

[gunDriller]

One of the things that has come out from the news about the Deepwater Horizon explosion & subsequent mega oil disaster, is that there is more than one "leak" ... leak being an understated way of saying "Gusher".

But drilling stopped on the Deepwater Horizon on April 20, 2010 ... related to the fact that it was either on fire or laying on the bottom of the ocean.

So we can deduce - that the real Gusher was created before April 20, 2010.
Fact #1.


We also know, from the Matt Simmons interview where he states clearly that BP is the most reckless of the oil companies with deep water rigs, about BP's reckless culture.

But something else came out in the days before the April 20 explosion. Rig workers on the Deepwater Horizon were describing, in emails to family members, how extra-reckless the operation of Deepwater Horizon was. (One of those family members was interviewed for a Bloomberg article.)
Fact #2.

Fact #3 - Transocean double-insured Deepwater Horizon and made a profit of about $260 million on the disaster.

Not only did Transocean appear to have extra insight into the existence of major problems, we also know that Goldman Sachs sold their BP shares a few weeks before the disasters.


In short, before April 20, lots of insiders knew that Bad Sh*t was happening - or about to happen.


And now we hear talk about how BP has "plugged the well".

So what I wonder is - did they (BP Management, et al) realize, prior to the April 20 explosion, that they had a SERIOUS problem on their hands, in the form of a 100,000+ per day barrel gusher.

One of the things they did in the early days after 4-20 was "hog all the submarines". It wasn't until the NOAA send a sub down there a few weeks later that it became obvious that some other bad sh*t was going on - and that there was a much larger gusher than the 1000 barrel a day hole in the sea-floor.

Is this all preparation for the moment when BP will say, "Well, we capped the well. That oil gusher ? That's not ours."


I would have to say that all of BP's behavior - paying BP employees who were also National Guard members to stand guard outside health clinics, for example - has been along the lines of cover-up.

Yet, they knew early on, what we learned a few months later - this is not about 1000 barrels a day.

When I look at the whole picture, I am left wondering - was the Deepwater Horizon disaster a deliberate attempt to draw attention away from a bigger, hidden, and far more dangerous problem - and to obtain a release of liability from that larger gusher ?

The way things are going, BP will soon be able to blame oil-related deaths on hurricanes. "An act of God", they'll say - which they of course are not responsible for, legally.

[the riot act]

One of the things that has come out from the news about the Deepwater Horizon explosion & subsequent mega oil disaster, is that there is more than one "leak" ... leak being an understated way of saying "Gusher".

But drilling stopped on the Deepwater Horizon on April 20, 2010 ... related to the fact that it was either on fire or laying on the bottom of the ocean.

So we can deduce - that the real Gusher was created before April 20, 2010.
Fact #1.


We also know, from the Matt Simmons interview where he states clearly that BP is the most reckless of the oil companies with deep water rigs, about BP's reckless culture.

Real gusher before 4-20? I don't know that for a fact and neither does anyone else. I can say that for a reason not yet disclosed well "A" a few hundred feet away was stopped some time prior to moving to the present location. IIRC they stopped drilling around the 1k depth.

My problem with Matt Simmons is that he has naked shorts on BP stock. It is to his financial advantage for the stock to tank. That alone clouds any reporting, theorizing he may have.

But something else came out in the days before the April 20 explosion. Rig workers on the Deepwater Horizon were describing, in emails to family members, how extra-reckless the operation of Deepwater Horizon was. (One of those family members was interviewed for a Bloomberg article.)
Fact #2.

Fact #3 - Transocean double-insured Deepwater Horizon and made a profit of about $260 million on the disaster.

Not only did Transocean appear to have extra insight into the existence of major problems, we also know that Goldman Sachs sold their BP shares a few weeks before the disasters.

Facts 1 and 2 I have also read. It appears that Transocean was at least as bad as BP. Read the Wikipedia entry for Transocean (http://en.wikipedia.org/wiki/Transocean). They were a top flight company until they took over GlobalSantaFe in 2007

I have not read of Goldman exiting BP. Not saying that it isn't true. I probably agree that it is a fact.

In short, before April 20, lots of insiders knew that Bad Sh*t was happening - or about to happen.

And now we hear talk about how BP has "plugged the well".

So what I wonder is - did they (BP Management, et al) realize, prior to the April 20 explosion, that they had a SERIOUS problem on their hands, in the form of a 100,000+ per day barrel gusher.

Not only the insiders, but it is widely been posted on the interwebs. Did BP realize that they had problems? Definatly. So that askes the question, "why and who was pressuring them forward"? Was it just greed, or did the MIC have something to say in this. Like, maybe the MIC was going to cancel their contracts if they didn't get more oil for the wars?

One of the things they did in the early days after 4-20 was "hog all the submarines". It wasn't until the NOAA send a sub down there a few weeks later that it became obvious that some other bad sh*t was going on - and that there was a much larger gusher than the 1000 barrel a day hole in the sea-floor.

Haven't heard that. Can you provide some links that I can peruse?

Is this all preparation for the moment when BP will say, "Well, we capped the well. That oil gusher ? That's not ours."

There is no other "gusher". If there is someone please point me to the facts. I will gladly eat my Limey hat with proof, especially from NOAA.

I would have to say that all of BP's behavior - paying BP employees who were also National Guard members to stand guard outside health clinics, for example - has been along the lines of cover-up.

Amazing what people will do for money huh? If true the 'hired people' should be tar and feathered along with BP.

Yet, they knew early on, what we learned a few months later - this is not about 1000 barrels a day.

And with the governments help, whither on purpose or not we will never know. I always assumed that in the end that the amount would be negotiated by the lawyers.

When I look at the whole picture, I am left wondering - was the Deepwater Horizon disaster a deliberate attempt to draw attention away from a bigger, hidden, and far more dangerous problem - and to obtain a release of liability from that larger gusher ?

The way things are going, BP will soon be able to blame oil-related deaths on hurricanes. "An act of God", they'll say - which they of course are not responsible for, legally.

Being that "the gusher" would stand out like a sore thumb now that well B is capped, I ask where is it? All the party's involved are scumbags, all of them including the scaremongers. How many people are latched onto the short side of BP right now, I'm just trying to make some sense of all of this without all the drama. I'm personally as pissed as anyone else here. I'm surly not shrilling for any of the party's involved.

BTW: Great post! tra

[keehah]

http://www.msnbc.msn.com/id/38305004/ns/disaster_in_the_gulf/

BP shares took a beating on Monday following news that engineers detected seepage on the ocean floor after the well was capped. The stock recovered in New York after BP and Allen said scientists had determined the seepage was not related to the well.

"We do not believe that is associated with this particular ... test or the Macondo well," Allen told reporters, referring to the seepage detected about 3 km (1.9 miles) from the well.

A dump and pump operation on so many levels.

_______________
Nasdaq.com (http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201007211054dowjonesdjonline000 541&title=bp-alaska-fields-still-on-table-as-asset-sales-continue-sources#ixzz0uLIonflt)

LONDON -(Dow Jones)- Some of BP PLC's (BP) oil production assets in Alaska remain up for sale, despite not being included in a $7 billion package of assets sold to U.S. energy company Apache Corp. (APA) Tuesday, said people familiar with the matter Wednesday.

BP is also proceeding quickly with talks with a number of parties about other asset sales that are part of a push to raise $10 billion to help cover the cost of the Gulf of Mexico oil spill, one of the people said.

BP said Tuesday it will sell its natural gas assets in Pakistan and Vietnam. And the company has already had contacts with potential buyers for these assets, that person said.

BP has also reportedly had talks with China National Offshore Oil Company ( CEO) over the sale of its 60% stake in Pan American Energy, which operates primarily in Argentina, and has considered selling assets in the U.K. North Sea.

[gunDriller]

Real gusher before 4-20? I don't know that for a fact and neither does anyone else.



They stopped drilling, in a very dramatic fashion, on 4-20.

Yet there is a gusher some distance away from the Deepwater Horizon site.

That gusher could not have been created after 4-20.

Therefore it occurred on 4-20 or before 4-20.

Could the drilling accident on 4-20 have caused the bigger crack some distance away ?

Is the gusher site the site of previous BP drilling activity ?

Did they open up a Pandora's box before 4-20 and then realize they had an ocean-killing event on their hands ?


I guess part of the question is, do you believe the various industry people that say there is a gusher aside from the one that BP is webcam'ing around the world ?

I think it takes a time for the pieces of the puzzle to fall into place.

Personally I find Simmons to be credible.

[the riot act]

Personally I find Simmons to be credible.


I won't debate that with you. I find the fact that he isn't allowed over at TOD any longer after 3 years of participating (and they are not BP shrills there). The engineers and PHD's who work in this industry give his latest fantasy's a huge thumbs down. Why is a person whom was widely respected now being called a kook? What do you or I gain by knowing that there is some mysterious well just spewing into the gulf? What are his motives? What are yours, for spewing this information out to others? What does all of this information accomplish?

It also saddens me that you support such a character. He is just another who is in the game for the money, and could care nothing about you and me or the environment (he offers no solutions). But he is making plenty of frn's with all the TV spots.