The massive oil drilling platform known as the Deepwater Horizon exploded on April 20, 2010, killing 11 and injuring others. Two days later it sank into the waters just 52 miles offshore Venice, Louisiana.
The BP Deepwater Horizon oil spill is one the worst offshore drilling disasters in U.S. history, and may be worse than the 1989 Exxon Valdez oil spill, which resulted in 11 million gallons of oil dumped into Alaskan waters.
Legal Rights, Economic Damages, Financial Losses, and Liability in the Gulf Coast Deepwater Horizon Oil Rig Spill
This catastrophic oil spill endangers the Gulf Coast seafood industry and the financial well-being of thousands of individuals and businesses along the Gulf Coast, and threatens the livelihoods of thousands of people who make their living along the coast in Louisiana, Mississippi, Alabama, Florida, and Texas.
When the BP-operated Deepwater Horizon exploded, crude oil began gushing into the ocean at a staggering rate—up to 336,000 gallons of oil each day. Due to prevailing winds and ocean currents, the enormous oil slick steadily made its way towards land. Eight days later, the oil made landfall in Louisiana and began to head east, threatening fragile ecosystems and the livelihoods of Mississippi, Alabama, and Florida residents.
BP oil companies BP PLC and Transocean LTD are among several oil companies expected to be held legally responsible for the economic damages and financial losses suffered as a result of the oil rig explosion and oil spill.
*Cory Watson Attorneys is no longer accepting Gulf Oil Spill cases.