Deepwater Horizon Halliburton. BP issued a statement strongly disagreeing with the finding, and saying the court's decision would be appealed. On 8 December 2014, The US Supreme Court rejected BP's legal challenge to a compensation deal over the 2010 Gulf of Mexico oil spill. The settlement agreement had no cap, but BP initially estimated that it would pay roughly $7.8bn (£6.1bn) to compensate victims. Deepwater Horizon Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig owned by Transocean. Built in 2001 in South Korea by Hyundai Heavy Industries, the rig was commissioned by R&B Falcon (a later asset of Transocean),
Gulf of Mexico Coast Guard Rear Adm. Sally Brice O'Hare stated that the U.S. government will be "employing booms, skimmers, chemical dispersants and controlled burns" to combat the oil spill. By May 1, 2010, the oil spill cleanup efforts were underway, but hampered by rough seas and the "tea like" consistency of the oil. Cleanup operations were resumed after conditions became favorable. On May 27, 2010, The USGS had revised the estimate of the leak from to 12,000– an increase from earlier estimates. On July 15, 2010, BP announced that the leak stopped for the first time in 88 days. In July 2015