Bristish Petroleum's Macondo Well accident BOP failure Research Paper

Bristish Petroleums Macondo Well accident BOP ill luck - Research Paper ExampleThe investigation team of BP revealed that requisite tests were not conducted properly by the engineering science personnel because of which this disaster spread quite largely. Due to this devastating incident, the US federal government obligate a long amount of fine upon BP. After the ocuurence of this incident, BOEMRE and Mineral Management Services (MMS) took strict initiatives and implemented various rules and regulations along with restructuring the working procedure so that this type of devastating incident might not occur in future. Table of Contents Abstract 2 macrocosm 4 Thesis disputation 5 5 An Overview of Macondo Well Accident 5 Root Causes of the Macondo Well Disaster 9 investigation explanation about Macondo Well Accident 10 BOP Failure 12 Steps taken By BP after BOP Failure 13 Conclusion 15 Works Cited 16 auxiliary 1 17 Petroleum Industry Terms 17 Appendix 2 18 Introduction BP plc i s regarded as one of the leading oil and attack multinational companies in the world. It operates in more than 80 nations all over the world. However, over the years, in its operations the company has faced certain obstacles especially tie in to oil purge incidents which have created a significant impact on the overall sustainability and reputation of the organisation. In this context, Deepwater Horizon oil spill incident was one of the infamous chapters in the level of BP. The oil spill incident took place in Gulf of Mexico in the year 2010. It is considered as one of the biggest accidents in the history of petroleum industry. Deepwater Horizon (DH) was an oil rig which was built by the Hyundai Heavy Industries shipyard in South Korea and was delivered to BP in the year 2001. The rig was valued to be of multi-million dollars and it was considered as a 5th generation advanced scientific semi-submersible drilling rig. This rig comprised automatic drilling systems by which oil wa s generated into the headspring(p)bore of Macondo Prospect. This fully automatic drilling form consisted of 15,000 PSI-rated BOP system and operated below the sea level at about 9000 ft. The rig had drilled well up to 35,055 feet, which took almost nine years. This entire drilling system was owned as well as operated by the Transocean Company under a mutual agreement with BP (Deepwater Horizon Study Group, Final Report on the Investigation of the Macondo Well gambol). Thesis Statement The paper intends to investigate and analyze the Macondo well accident of BP Plc at Gulf of Mexico which caused continued oil spill for several days resulting in far-flung damage to marine habitats as well as wildlife. An Overview of Macondo Well Accident Deepwater Horizons Blowout Preventer (BOP) was one of the main factors regarding the Macondo disaster. The incidents surrounding Macondo disaster have been more visible to the society through reports wide-awake by BP and the National Commission o f the United States. The US federal government imposed a huge fine amounting to around 4.5 billion USD against BP to settle illicit charges brought against the company regarding the Deepwater Horizon disaster (Capaldo, US establishment Fines BP $4.5bn Over Deepwater Horizon Disaster). This incident occurred on the evening of 20th April 2010 due to the release of hydrocarbon gas on Macondo well