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'Top kill' a pivotal moment for BP in capping oil leak
(CNN) – We are live this morning in Grand Isle, Louisiana where they're hoping and praying for a miracle today. BP's make-or-break moment has arrived.
The oil giant's "top-kill" operation is poised to begin. We'll be showing you live underwater video all morning as BP attempts to inject 50,000 pounds of industrial mud into the spewing well, all in a desperate attempt to stop it.
The procedure has successfully worked on above-ground oil wells in the Middle East, but has never been tested 5,000 feet underwater.
But all previous attempts by the company to cap the spill have failed. And BP Chief Executive Officer Tony Hayward has given the "top kill" maneuver a 60 to 70 percent chance of success.
The procedure involves pumping thick, viscous fluid twice the density of water into the site of the leak to stop the oil flow. If all goes according to plan, the well can then be sealed shut with cement.
Through the early morning hours Wednesday, BP put equipment into place. A team of experts will examine conditions inside the five-story blowout preventer to determine how much pressure the injected mud will have to overcome. Read more
Program Note: It's an interview you will not want to miss. This morning we're talking with BP CEO Tony Hayward. He called the environmental impact of this spill "modest" before backtracking on that. We'll ask him why he's so much more confident than the government that this will work. Also, why it took so much pressure to keep the cameras on during the operation.
Sound off: We want to hear from you this morning. Add your comments to the LIVE Blog below and we'll read some of them on the show.