BP Settles With DOJ Over Oil Spill

FBN's Adam Shapiro breaks down details of the settlement between BP and the government over Deepwater Horizon rig.

By the Numbers: How BP's Criminal Settlement Breaks Down

Features Reuters

BP Plc. on Thursday agreed to pay $4.525 billion to resolve all federal criminal charges brought by the U.S. government in the aftermath of the 2010 Deepwater Horizon disaster in the U.S. Gulf of Mexico.

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Here's how the charges and payments break down. BP's settlement with the Justice Department is subject to court approval.


* $1.256 billion criminal fine payable over five years

* $2.394 billion payable to the National Fish and Wildlife Foundation over five years

* $525 million civil penalty to resolve obstruction of Congress claims with the Securities and Exchange Commission

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* $350 million to the National Academy of Sciences over five years

TOTAL: $4.525 billion


* 11 felony counts of Misconduct or Neglect of Ships Officers related to loss of 11 lives related to BP's negligent interpretation of a key well pressure test in the hours before the April 20, 2010, explosion aboard the offshore drilling vessel

* 1 felony count of obstruction of Congress related to oil flow rate estimates provided by BP to a U.S. lawmaker in the weeks after the explosion

* 1 misdemeanor count under the Clean Water Act

* 1 misdemeanor count under the Migratory Bird Treaty Act