Efforts to stem the Deepwater Horizon oil spill on top of which the new cap was located. The well integrity test was scheduled to take place after the installation of a three-ram capping stack over the lower marine riser package of the Deepwater Horizon semi-submersible rig on . On July 14, BP announced that the test would be delayed under Allen's orders; oil continued to flow into the Gulf. On July 15, 2010, BP announced that it had successfully plugged the oil leak using a tightly fitted cap. The cap, weighing 75 tons and standing high, is now bolted to the failed blowout preventer. It consists of a
Economic effects of the Deepwater Horizon oil spill the total liability could amount to as much as by the conclusion of the disaster. Financial analysts commented that BP was capable of addressing the potential liabilities that might result, and BP stock rose slightly on the news that the initial compensation fund had been agreed. On 5 July 2010, BP reported that its own expenditures on the oil spill had reached $3.12 billion, including the cost of the spill response, containment, relief well drilling, grants to the Gulf states, claims paid, and federal costs. As of 1 October 2010, BP has spent $11.2 billion. As of March 2012, BP