UPDATE: Thunder Horse Recovery

The joint effort by BP, SMIT, the US Coast Guard and US Department of Interior's Minerals Management Service continues to respond to the Thunder Horse platform incident in Mississippi Canyon Block 778 approximately 150 miles southeast of New Orleans.

The recovery team made significant progress in the last 24-hours in righting the Thunder Horse semi submersible platform. The vessel is now near completely trim, with all water except for some residual evacuated off the vessel.

The platform continues to rise and is stable. The platform's decking is now 46 feet out of the water and the hull has reached normal displacement.

The recovery team has reduced the platform's angle of list to 5 degrees and continues to make final adjustments to achieve normal trim.

Concern for safety and the environment remain top priorities.

Operations to-date resulted in one minor injury.

The weather at the scene of the recovery effort remains calm.

BP and its lead contractor SMIT continue activities to make the platform sea-worthy and storm-safe as a precaution against changes in weather conditions resulting from the progress of Hurricane Emily into the western Gulf of Mexico.

Actions to seal ballast water inlets and plug instrumentation ports are complete, and other sealing and weather-proofing activities continue.

The US Coast Guard, Department of Interior's Minerals Management Service and BP's partner in the Thunder Horse development continue to participate.

The Thunder Horse project was not due to start production until the end of 2005, and the platform is not yet connected to sub-sea oil wells.

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