GuLF Study GuLF Study The GuLF Study, or Gulf Long-term Follow-up Study, is a five-year research project examining the human-health consequences of the "Deepwater Horizon" oil spill in April 2010. The spill followed an explosion on a drilling rig leased by BP, the British oil company, and led to the release of over four million barrels of oil into the Gulf of Mexico, 48 miles off the coast of Louisiana in the United States. The study was set up in June that year by the United States Department of Health and Human Services. It is being conducted by the National Institute of
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