Deepwater Horizon

Deepwater Horizon is a computer controlled oil drilling rig. It is owned by one of the largest oil drilling contractors in the world, Transocean, which let oil and gas companies rent their equipment at an average of $282,700 a day. On April 20th, 2010 a gas release and immediate explosion occurred in the Gulf of Mexico. BP was the company that was using Deepwater Horizon at the time, and this event became known as the BP oil spill. The oil spill negatively affected the animals that lived in the Gulf. The oil spill decreased fish population, and feathers of birds were covered in oil. This event also caused a decline in recreational activity that happened in the Gulf. Days after the oil spill, BP teamed up with companies to restore the Gulf. As of December 2012, BP spent $14 billion on restoration projects for the Gulf. To this day, BP is still trying to restore the Gulf.