The BP Oil Disaster By The Numbers

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As we are all painfully aware, candid communication has been elusive since this disaster began on April 20th. In the interest of setting the record straight –– breaking through the rhetoric and misinformation –– here are the cold hard numbers surrounding the worst environmental catastrophe in U.S. history.

$163 billion

BP profits from 2001 to 2009

$365 million

Cost to build the Deepwater Horizon oil rig

5,000

Depth, in feet, of the wellhead and the sunken rig

18,000

Depth, in feet, of the oil reservoir

30,000

Number of other oil wells in the Gulf

50,000

Barrels of “heavy mud” used in BP’s failed “top kill” effort

11

Number of workers killed when the Deepwater Horizon rig exploded and sank on April 20th (ironically on the 40th anniversary of Earth Day)

1,000

Number of barrels per day originally estimated to be leaking from well

5,000

Number of barrels per day (210,000 gallons) leaking from well as adjusted estimate

20,000-40,000

Number of barrels per day leaking from well in further adjusted estimates

35,000-60,000

Number of barrels per day leaking from well in most recent estimates

100,000

Number of barrels leaking per day from well based on BP’s worst-case scenario

15,000

Number of barrels per day BP says it is siphoning from the runaway well

100-145 million

Number of gallons that have leaked into the Gulf of Mexico since the start of the disaster in April, based on most estimates

11 million

Number of gallons of the Exxon Valdez oil spill—until now, the worst in U.S. history

14

Number (approximate) of Exxon Valdez spills it would take to match BP spill

$7 billion

Cost of the Exxon Valdez spill

$2 billion

Amount BP has spent so far on Gulf oil spill cleanup

1.1 million

Number of gallons of toxic chemical dispersant Corexit that BP has used to break down spill

174

Number of miles of Gulf Coast oil spill has impacted

10-15

The percentage of spilled oil that is typically recovered during these disasters

400

The minimum number of species threatened by the oil spill

957

Number of dead birds reported so far as a result of the spill

353

Number of endangered sea turtles found dead as a result of the spill

41

Number of dolphins and other marine mammals killed as a result of the spill

25 million

Number of birds that cross the Gulf Coast every day, putting them at risk from the oil spill

75

Percentage of U.S. shrimp production that comes from the Gulf Coast

$20 billion

Size of the newly created BP victims’ fund

86

Number of oil cleanup workers who have gotten sick, as reported by BP

109

Number of oil cleanup workers who have gotten sick, as reported by state officials

65,000

Number of claims submitted to date from victims of the spill

32,000

Number of payments BP has made to victims

$105 million

Amount BP has paid out to victims of the spill

$1,000

Amount BP could be fined per barrel that leaks into the Gulf under the Oil Pollution Act of 1990

$3,000

Amount BP could be fined per barrel in the case of “gross negligence”

$10 million

Amount per day BP is accruing in fines based on conservative estimates

$225 million

Amount per day BP is accruing in fines based on worst-case scenario (including “gross negligence” finding)

$91 billion

Amount of market value BP has lost since the disaster began April 20th

$60

Approximate BP share price before disaster

$30

Approximate BP share price as of June 20th

© Smith Stag, LLC 2010 – All Rights Reserved

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Stuart H. Smith is an attorney based in New Orleans fighting major oil companies and other polluters.
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