The FINANCIAL — BP has spent a total of $3.12 billion on cleaning up the oil spill in the Gulf of Mexico, the company said in a press release on July 5, according to RIA Novosti.
"The cost of the response to date amounts to approximately $3.12 billion, including the cost of the spill response, containment, relief well drilling, grants to the Gulf states, claims paid, and federal costs," the company said.
Approximately 44,500 personnel, more than 6,563 vessels and some 113 aircraft are currently engaged in the response effort. The total length of containment boom deployed as part of efforts to prevent oil from reaching the coast is now almost 2.9 million feet (550 miles).
On June 16, BP announced an agreed package of measures, including the creation of a $20 billion escrow account to satisfy certain obligations arising from the oil and gas spill.
It said two containment systems continued to collect oil and gas flowing from the Deepwater Horizon's failed blow-out preventer and transport them to vessels on the surface.
BP said on July 3, a total of approximately 25,198 barrels of oil were collected or flared by the two systems and 57.0 million cubic feet of gas were flared.
"To date, the total volume of oil collected or flared by the containment systems is approximately 585,400 barrels."
It said plans also were being developed for additional containment capacity and flexibility.