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),
Environmental impact of the Deepwater Horizon oil spill that the damage from the spill would rapidly resolve, three years into the recovery dolphins continue to die, fish are showing strange lesions, corals in the gulf have died and oil still remains in some marsh areas. Due to both its size and the way it was handled, there is little previous research to predict long-term effects. At the 2013 "Gulf of Mexico Oil Spill and Ecosystem Science Conference", oceanographer David Hollander presented data that showed as much as one-third of the oil released during the spill may still be in the gulf. Researchers described a phenomenon called "dirty blizzard":