Tex spoke with Forbes writer Steven Bertoni about how he saw his first big gusher at age 10 when his father Monty Moncrief sunk a well in the East Texas field.
Shell says it's working at far less depth and lower pressures than the BP well that erupted off Louisiana, killing 11 men aboard and unleashing an undersea gusher that took three months to cap.
Second, and more importantly, it indicates that BP believes the blowout at the Macondo well has been stopped, that the cap in place now will continue to hold back the gusher until the relief wells can kill it for good.