Transocean Deepwater Horizon Oil Rig Explosion
The explosion of the Deepwater Horizon oilrig caused the most devastating oil spill in U.S. history. The Deepwater Horizon is owned by Transocean, and was being leased to British Petroleum (BP) at the time of the explosion. The rig has released an estimated 4.9 million barrels of oil into the waters since April. The oil is finally contained, however the effects may last decades.
What Happened?
According to BP executive Lamar McKay, the main cause of the explosion and oil leak was a faulty blowout preventer.
According to confidential internal reports that were given to The New York Times in August 2010, there were problems with the Deepwater Horizon’s ballast system and other equipment. Researchers say that if there were not problems with the ballast system, the devastating oil spill may not have occurred. The ballast system is designed to keep the rig afloat.
The confidential reports also suggest that there were problems with other pieces of equipment on the rig at the time of the explosion. The New York Times said that the reports identified, “dozens of deficiencies” with the Deepwater Horizon’s equipment. Workers, reportedly, said Transocean deferred maintenance to save money. More than 50 percent of the workers said they were afraid to report problems with the rigs.
Destruction Across the Gulf
The devastation is severe. Eleven workers were killed in the initial explosion. In addition to physical injury and loss, the oil spill has destroyed the economies in the Gulf States. The following industries have been rocked by the oilrig explosion:
- Commercial and recreational fishing industries
- Seafood industries, including shrimpers and oyster farmers
- Tourism industries, including hotels and restaurants that operate off the Gulf of Mexico
- Travel industries, including private and commercial boats and cruise lines
Property owners are feeling the economic impact as well, as property values in affected states continue to drop.
Devastating Effects for Years to Come
Researchers say we will not know the magnitude of the destruction for years to come. As cleanup efforts continue, some argue that more oil remains in the waters then we know. Even though some of the oil may be diluted and may not be visible to the eye, some scientists argue that it is still in the water and may cause problems for years to come.
Investigators are also saying that we need to keep an eye on the potential health risks associated with the oil spill. Members of cleanup crews and residents of Louisiana, Mississippi, Alabama, Florida, Texas could potentially be at risk of serious long-term health issues, including cancer, respiratory problems and skin disorders. Symptoms to watch out for might include chest pain, dizziness, difficult breathing and headaches.
What is Being Done?
Cleanup is underway and could take a long time. In the meantime, businesses and livelihoods continue to be destroyed. If you are among the thousands of workers, business owners or property owners who have felt the economic squeeze, you may be able to recover compensation by filing a legal claim. To find out if you qualify, contact our oil spill lawyers today. We will answer your questions and determine if you qualify during a free and private consultation.