The Long Lasting Effects Of The Deepwater Horizon On The Gulf Of Mexico

In 2010, BP’s Deepwater Horizon rig exploded, causing millions of barrels of crude oil to be leaked out into the Gulf of Mexico. The extensive oil spill created a lot of pollution and far-reaching effects on the tourism industry. The resultant damage to marine wildlife such as fish will continue to be felt for many years to come. Weeks after the event, and while it was still in progress, the Deep Water Horizon oil spill was being discussed as a disaster that will impact global economies, markets, and mining policies. The potential consequences included structural shifts in energy policy, insurance marketplaces and risk assessment, and financial liabilities to be incurred by BP. The law that affected the operation of BP’s business was the Clean Water Act, which regulates the discharge of pollutants in US’s waters (EPA, 2008). Following the oil spill, regulations have been put in place to regulate oil drilling operations. The Obama administration proposed new regulations on offshore oil and gas drilling. The regulation focused on oil and gas drilling companies to use stronger blowout Preventers that have the capability to close an offshore well in case a drilling breach occurred accidentally.

On April 20th 2010 an explosion on an oil ridge of the coast of the Gulf of Mexico, was the cause of the greatest environmental disaster in history of the United States. This explosion took the lives of eleven men who were working on the ridge, and also ruptured an oil line, which dumped more than 4.9 million barrels of oil into the Gulf of Mexico. This oil spill significantly affected the wildlife of the gulf coast, killing hundreds of fishes, birds, and reptile that call the gulf coast home. The spill also affected global supply chain for major industries.

The 20th of April 2010 will be marked as the worst day in British Petroleum PLC’s history, the day that there was an explosion on the Deepwater Horizon drilling rig whilst drilling in the Gulf of Mexico, killing 11 people and causing devastation to all the surrounding areas. The events of this day affected the global markets and relationships between countries substantially.

The Deepwater Horizon Oil Spill occurred on April 20, 2010 in the Gulf of Mexico. This oil spill was the largest spill in history in front of the Exxon Valdez oil spill of 1989. This oil spill released about 4.9 million barrels of oil into the ocean. This spill not only wreck havoc on the marine life but also the economic players that depended on ocean such as fisherman, tourism, and offshore drilling located along the gulf coast. Along will the spill the oil rig which was named Deepwater Horizon also went up in flames. This proved that the issue went far beyond just an oil rig that blew a line. Since this oil spill had drastic impacts all along the coast, BP which was the most liable for this incident faced criminal charges based on what happened. BP which knew the risks of deep ocean drilling failed to take the necessary safety procedures to reduce the risks of such incident occurring, thus was the reasoning behind placing most of the fault on them and not the other companies. The lack of regulatory oversight led to the issues and cost-cutting procedures opened the rig up to possible malfunctions like the one that occurred. During the spill into the gulf, BP sealed the well with cement which seemed to stop a majority of the oil from escaping the well. BP also recognized that the well was “dead” which was proven wrong when scientists still could conclude was leaking minor amounts of oil into the ocean. This spill not only proved to be harmful to the environment but also

On April 20, 2010, the petroleum industry suffered the largest maritime disaster oil spill in its history known as the Deepwater Horizon oil spill. The Deepwater Horizon oil rig that had been working on a well for BP in the Gulf exploded and went up in flames. Subsequently, massive amounts of oil spilled out into the water, threatening the marine life and those living on the shore. The fire burned for 36 hours before the rig sank into the ocean, leaking dangerous chemicals into the water. Hydrocarbons and oil continued to leak into the Gulf of Mexico for 87 days before they managed to seal the well. “The Gulf spill, which left 11 workers dead and 17 injured, is about the size of Rhode Island, running across the northern Gulf of Mexico between the mouth of the Mississippi River and Florida. It runs wide, threatening the coastlines, and deep, traveling beneath about 5,000 feet of water and 13,000 feet under the seabed,” (Emami, 2010). BP faced an angry uproar from the media, consumers, and environmentalists all over the world. The economy and the environment suffered greatly because of this incident. As investigations began, speculations quickly arose about the morals and capability of the company. The one positive image of BP had been shattered. Customers lost faith in the company and criticized the actions of its executives. Tony

On April 20, 2010, the Deepwater Horizon, claimed by Transocean and contracted to BP, encountered a sad and yet powerful blast,ending with the lives of eleven specialists. It additionally uncapped an ocean depths gusher that streamed for 87 days. An expected 210 million gallons of oil hurried into the Atlantic waters, destroying marine natural life and conveying the tourism and fish enterprises

The BP Gulf of Mexico oil spill tells the tragic story of what happened on the Deepwater Horizon drilling rig back in April 2010. The rig, leased from another vendor, was digging a well on the Macondo slope in the Gulf when it exploded and fatally killed eleven employees and injured seventeen others (Crandall, Parnell, & Spillan, 2014). Not to mention, five million barrels of oil spilled into the sea causing an environmental issue that lasted more than ninety days.

On April 20, 2010 the British Petroleum Deep Water Horizon (DWH) drilling rig exploded and subsequently sank in the waters of Gulf of Mexico. The result was the largest leakage of crude in the United States to date (Middlebrook et al.,

On April 28th, 2010 cleanup crews were rushing to clean up a huge oil spill on the Gulf of Mexico. This spill occurred because of an oil rig explosion that took place on April 20th. The oil spill was threatening miles of coast line in four different states, and not to mention marine wild life that live in those waters. This oil spill soon became the worst oil spill the United States had ever seen. There were 126 workers on board the oil rig when it exploded, most of the workers escaped, but eleven were missing but then confirmed dead. The cause of the explosion is being investigated. Since the explosion, experts estimated a total of 210,000 gallons of oil were spilling into the gulf. Experts are also worried about the sea life and how

On April 20th, the Deepwater Horizon oilrig in the Gulf of Mexico exploded and sank, 11 people died in the explosion. Five days after the explosion, underwater cameras revealed that the British Petroleum (BP) pipeline, connecting the oilrig to the underwater well, had ruptured and was leaking 3.19 million barrels (over 130 million gallons) of oil into the Gulf of Mexico. The pipeline was finally capped 87 days later on June 15, 2010. The five states that were affected by the spill are Alabama, Florida, Louisiana, Mississippi, and Texas. This is considered the worst accidental oil spill in history.

The Deepwater Horizon rig was technically owned and operated by a company called Transocean; however it was leased by BP. It was located in the Gulf of Mexico, along the Macondo oil prospect in the

When comparing to the past events, there are similarities in many cases that are evident. If BP had taken what was learned from the many accidents in the past, and applied it going forward, the Deep Horizon disaster might have been preventable. The main lesson to be learned from the Deepwater Horizon for anyone operating in the field is that safety cannot be disregarded in the quest for earnings. When the lives of your workers, and to some extent the world, are in the balance, corporations need to make use of all avenues of safety available.

Article being reviewed: Cisneros-Montemayor, A., Sumaila, R., Dyck, A., Huang, L., Jacquet, J., Kleisner, K, & et al. (2012). Impact of the Deepwater Horizon well blowout on the Economics of U.S. Gulf fisheries. Canadian Journal of Fisheries and Aquatic Sciences, 69(3), 499-510. doi:10.1139/f2011-171 retrieved form ResearchGate

The BP Oil Spill An Introductory Background - One of the most controversial ecological disasters in recent history focused on multinational British Petroleum and their Gulf of Mexico Operations. The Deepwater Oil Disaster began on April 20, 2010 with an explosion on the Deepwater Horizon Oil platform, killing 11, injuring 17. It was not until July 15th, however, that the leak was stopped by capping the wellhead, after releasing almost 5 million barrels (206 million gallons) of crude oil, or 53,000 barrels per day into the Gulf of Mexico. It was not until September 19th that the relief well process was complete and the U.S. Government, EPA, and Coast Guard agencies declared the well breach effectively stopped (Cavnar, 2010).

On April 20, the explosion on the Deepwater Horizon drilling rig in the Gulf of Mexico led to the largest accidental release of oil into marine waters in history. As a result, a huge loss of money and life was caused and affected serious environmental damage to wild animals and water pollution. BP was accused of their irresponsibility that it took 87 days before the well was closed and sealed. BP’s shares