Gulf of Mexico BP reached an $18.7bn settlement with the US government, the states of Alabama, Florida, Louisiana, Mississippi and Texas, as well as 400 local authorities. To date BP's cost for the clean-up, environmental and economic damages and penalties has reached $54bn. According to the National Response Center, the oil industry has thousands of minor accidents in the Gulf of Mexico every year. On May 12, 2016, a release of oil from subsea infrastructure on Shell's "Brutus" oil rig released 2,100 barrels of oil. This leak created a visible 2 mile by 13 mile oil slick in the sea about 97 miles
Gulf of Mexico basin Gulf of Mexico basin The formation of the Gulf of Mexico, an oceanic rift basin located between North America and the Yucatan Block, was preceded by the breakup of the Supercontinent Pangaea in the Late-Triassic, weakening the lithosphere. Rifting between the North and South American plates continued in the Early-Jurassic, approximately 160 million years ago, and formation of the Gulf of Mexico, including subsidence due to crustal thinning, was complete by 140 Ma. Stratigraphy of the basin, which can be split into several regions, includes sediments deposited from the Jurassic through the Holocene, currently totaling a thickness between 15 and