Bud's Offshore Energy (BOE)

From Platts Oilgram News article by Gary Gentile:

The team examining the BOP in Louisiana conducted tests in January and February of this year that showed that with the proper amount of hydraulic fluid pressure, the rams on the BOP would close, according to Dan Tillema, an investigator with the US Chemical Safety Board.

Portions of drill pipe were found in the BOP and the pipe was cut, Tillema said—a sign that the rams did close at some point during the incident.

But Tillema cautions against making any assumptions based on the test results sofar. Some reports have suggested that rubber gaskets around the rams were worn awayby the massive flow of oil and gas gushing from the Macondo well, overcoming the BOP’s capacity. That is just one of several possibilities, Tillema said. “We haven’t made any conclusions yet,” he said.