Yes, I remember Ronald Reagan on my teevee, explaining that deregulation was a good thing because “what businessman would want to suffer the financial consequences of unsafe practices?”

BP hired a top oilfield service company to test the strength of cement linings on the Deepwater Horizon’s well, but sent the firm’s workers home 11 hours before the rig exploded April 20 without performing a final check that a top cementing company executive called “the only test that can really determine the actual effectiveness” of the well’s seal.

A spokesman for the testing firm, Schlumberger, said BP had a Schlumberger team and equipment for sending acoustic testing lines down the well “on standby” from April 18 to April 20. But BP never asked the Schlumberger crew to perform the acoustic test and sent its members back to Louisiana on a regularly scheduled helicopter flight at 11 a.m., Schlumberger spokesman Stephen T. Harris said.

At a few minutes before 10 p.m., a belch of natural gas shot out of the well, up a riser pipe to the rig above, igniting massive explosions, killing 11 crewmembers and sending millions of gallons of crude oil into the Gulf. The rig’s owner, Transocean, blames failed cement seals, installed by Halliburton, for the disastrous blowout.

[…] Schlumberger’s Harris said the contractor was ready to do any such wireline tests, but was never directed to do so. The team had finished doing tests on the subsea layers of earth being drilled five days earlier and hadn’t done any work since, Harris said.

[…] BP spokesmen did not respond to repeated requests for comment on the decision to send Schlumberger home without conducting a cement bond log or on the cementing schematic Probert gave the Senate committee. And Halliburton didn’t respond to questions about the accuracy of Probert’s diagram.