Oil Geyser Option 2 - Pray For Peak Oil?
One option not commonly being discussed, which goes hand-in-hand with the 3+ month drilling project, is the possibility that the well will just run out of pressure and stop leaking. There's only so much oil down there after all, and the water pressure is pretty high. Why that hasn't happened yet, I don't know, but I guess it's squeezing the oil out like a pimple right now. Anyway, twiddling our thumbs is always a good backup plan.
but peak oil is a myth, the most hansom politicians of my nation have assured me that only demand controls the amount of oil on earth.
my suggestion build a rig above but with a size smaller drill. Then instead of fitting a drill fit a plug and plug it down. Or drill some more holes and try to drain the oil as quickly as possible (in to barrels).
There's still pipe attached to it, is the problem.
Drill pipe is shaped kind of like this--- D=====C with the D and C being where the joints screw together. (Each piece is about 32 feet long.) This area is strengthened and thicker, because it has to withstand a lot of torque. The Blowout Preventer everyone is talking about is really just a hydraulic shear; it is a wedge that is supposed to cut through the pipe in a === thin section and close off the well. Unfortunately, the BOP was engaged when the thicker section was in the way; it just jammed instead, and allowewd a leak.
Drilling through pipe and such IS possible, it's just very hard. The bit tries to travel in the direction of the softer material; therefore, it'd keep skipping off of the BOP and the pipe and dig in anywhere else it could. That's why they're doing a relief well instead; it'd take much less time.
Also, think of it like this: pressure is a function of the amount of mass above you. If the water pressure is great, the pressure on the oil is GREATER, what with all that rock compressing it.