Aftermath: The Deepwater Horizon, Two Years on

By Amelia Hennighausen - 2012-04-27T23:08:42Z

Photograph by Jon T. Fritz/MCT via Getty Images

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A Doomed Vessel

The offshore oil rig Deepwater Horizon burns in the Gulf of Mexico April 21, 2010.

Transocean's Deepwater Horizon cost about $350 million to build and as much as $1 million a day to run. BP first contracted it in 2001 for use in the Gulf of Mexico, where BP produced about 10 percent of its 4 million barrels a day in 2010, according to a report commissioned by the White House. The Macondo well held about 50 million barrels of oil -- about two and a half day's worth at U.S. consumption levels.

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