Missing Titanic submersible live updates: Texts show OceanGate CEO dismissed concerns

Despite their onboard oxygen tank expected to be depleted sometime Thursday morning, one doctor says they may have more time if the passengers are still alive. He estimates the five people aboard the lost Titanic tourist sub could survive for 10 to 20 hours with air still circulating through the experimental capsule.

Dr. Richard Moon, a professor of anesthesiology at Duke University, said that despite conditions being dire, those aboard the OceanGate Expedition's submersible could extend the oxygen available after its tank is depleted by staying calm and moving as little as possible.

"The actual amount of time that they have is unpredictable, but it's probably less than 24 hours after the final oxygen in the tank is depleted," Moon, director of the Duke Center for Hyperbaric Medicine and Environmental Physiology, told ABC News.

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-ABC News' Bill Hutchinson

The U.S. Coast Guard announced via Twitter on Thursday morning that a remotely operated vehicle (ROV) deployed by the French vessel L'Atalante has entered the water in the search area.

The U.S. Coast Guard also gave an update on the conditions at sea, saying winds were at 14 mph with gusts up to 19 mph, swells were 4 to 5 feet and the air temperature was 50 degrees Fahrenheit.

The U.S. Coast Guard announced via Twitter early Thursday that a remotely operated vehicle (ROV) deployed by the Canadian vessel Horizon Arctic has reached the sea floor, beginning its search for the missing submersible.

Meanwhile, the French vessel L'Atalante is preparing its ROV to enter the water in the search area, the U.S. Coast Guard said.

Time is running out as rescuers race to locate and save five people trapped in a submersible that vanished during a tour of the Titanic wreckage on Sunday morning.

The deep-sea vessel submerged at 8 a.m. ET on Sunday with a 96-hour oxygen supply, according to the U.S. Coast Guard. That amount of breathable air is forecast to run out on Thursday morning.

The search and rescue mission remains ongoing.