Deepwater Horizon explosion Deepwater Horizon explosion The "Deepwater Horizon" drilling rig explosion was the April 20, 2010, explosion and subsequent fire on the "Deepwater Horizon" semi-submersible Mobile Offshore Drilling Unit (MODU), which was owned and operated by Transocean and drilling for BP in the Macondo Prospect oil field about southeast off the Louisiana coast. The explosion and subsequent fire resulted in the sinking of the "Deepwater Horizon" and the deaths of 11 workers; 17 others were injured. The same blowout that caused the explosion also caused a massive offshore oil spill in the Gulf of Mexico, considered the largest accidental marine oil spill
Deepwater Horizon oil spill nose. The spill had a strong economic impact to BP and also the Gulf Coast's economy sectors such as offshore drilling, fishing and tourism. Estimates of lost tourism dollars were projected to cost the Gulf coastal economy up to 22.7 billion through 2013. In addition, Louisiana reported that lost visitor spending through the end of 2010 totaled $32 million, and losses through 2013 were expected to total $153 million in this state alone. The Gulf of Mexico commercial fishing industry was estimated to have lost $247 million as a result of postspill fisheries closures. One study projects that the overall