WASHINGTON, May 26 (Reuters) - The National Oceanic and Atmospheric Administration will provide a new estimate within two weeks on the amount of oil leaking from BP’s underwater oil well, the head of the agency said on Wednesday.
New video provided by BP (BP.L) of its leaking underwater oil well should make it easier to calculate how much crude is spewing into the Gulf of Mexico, said NOAA administrator Jane Lubchenco.
“It’s only been in the last couple of days that we have gotten video that was high enough resolution, long enough length and fast enough shutter speed to really do credible calculations,” she told a House committee hearing on the oil spill.
Lubchenco told reporters after the hearing that the new oil flow estimate would be ready within two weeks. (Reporting by Tom Doggett)