Should Regulators Require Preemptive Relief Wells?

Although the massive oil leak in the Gulf of Mexico has been reduced to a trickle based on successful attempts to finally cap the well, the permanent solution to the crisis will only arrive upon completion of the relief wells that BP is currently drilling. The company expects the relief well to permanently end the flow of oil by mid-August. Given the fact that relief wells represent the most certain way to kill a troubled well, should oil exploration firms be required to preemptively drill relief wells along with exploration wells?

X

Forgot Password?

Join Us

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.