The three key points are:
1) The Macondo well project encountered multiple problems during drilling including hole instability, stuck pipe, and mud losses in the reservoir section.
2) When cementing the production casing string, BP used a questionable casing design and took shortcuts like using too few centralizers and pumping the cement at too low of a rate, which increased the risk of cement failure.
3) The root causes of the accident likely included a combination of factors like complacency, overemphasis on cost and schedule over safety, availability of but not applying best practices, and failure of regulators to correct issues. Shortcuts taken during critical well operations compromised well barriers.