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Pressure inside the well rose slowly yesterday to 6,720 pounds per square inch from 6,700 pounds per square inch at the start of the day, an encouraging sign that the well may have escaped damage following an April 20 explosion aboard the Deepwater Horizon drilling rig.
The new, tighter-fitting cap gives the company the ability to collect as much as 80,000 barrels of oil a day, more than the estimated flow rate. This compares with about 25,000 barrels of oil captured with the previous system.
BP resumed work on a relief well that will permanently end the risk of further oil escaping, Wells said. The relief well is within about 100 feet from the planned interception point, according to BP and Allen. The well may hit the leak this month and permanently plug it by mid-August
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Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.