The centering devices mentioned only keep the casing or tubing centered in the well bore or the previous casing while the casing or tubing is sealed off at the bottom of that particular string. They make sure an equal amount of cement flows around the outside of the casing (in this case, tubing is for production), securing the bottom end of the casing string to the formation.
But a plug of cement is also supposed to be left in the inside of the casing, to be drilled out after the cement has set. The cement is injected through the casing and allowed to flow out the bottom of the casing back up into the void between the casing and the formation, and water or mud is pumped down on top of the cement in an amount calculated to still leave a slug of cement in the bottom of the casing.
If the cement job is perfect, then the casing is secured in the formation and the bottom is sufficiently plugged off. Now you can drill out through the cement plug with a smaller bore drill string and be able to control the pressure of the hydrostatic head of the weight of drilling fluid needed to control the formation pressure. Too much mud weight can fracture the formation, causing loss of circulation, so successively smaller bores and casings are used.
But if the cement job fails to seal the bottom of the casing off, then you lose all control. The BOP, of course, is supposed to be the last line of defense, but it’s only tied to the previous, larger casing run. If the cement on the smaller, inner casing string fails and passes the formation pressure onto the next larger casing, that casing is going to be put under strain that it possibly can’t withstand. If it fails, you end up with what’s basically a raw hole in the ground with no pipe/BOP/anything to tie on to.
This happened to a producing gas well in Texas back in the '80s. The small production tubing failed and passed the pressure on to the larger intermediate casing that wasn’t designed to withstand the pressures. It blew production “christmas tree” off the top of the well, and blew about 15,000 feet of tubing and 15,000 feet of intermediate casing out of the ground. The tried to tie onto the wellhead, but that was only attached to the surface casing - large casing only designed to get the drilling operation past the surface water table, maybe 3000 feet - and it couldn’t withstand the pressure.
The surface casing separated a few hundred feet below the surface, leaving a raw hole in the ground spewing high pressure gas. A hole about a mile across and a few hundred feet deep was dug in an attempt to reacquire the surface casing.
The blow out was eventually stopped by a combination of a large dead weight (a huge string of BOPs, control valves, etc.) and a relief well.
It took 16 months, on dry land, to get that well under control, and it was only gas, no oil. Lieu remembers this one, we’ve mentioned it here before.
If they lose the casing to formation cement seal on the well in the Gulf, it’ll be a lot worse situation than they have now.