Video Related To: U.S. Companies Pay BP $4 Billion Related to Oil Spill Gulf of Mexico

June 17, 2010 www.amazon.com Watch the full testimony: thefilmarchived.blogspot.com The Deepwater Horizon was a 9-year-old semi-submersible Mobile Offshore Drilling Unit (MODU), a massive floating, dynamically positioned drilling rig built by Hyundai Heavy Industries that could operate in waters up to 8000 feet (2400 m) deep and drill down to 30000 feet (9100 m). It was owned by Transocean, operated under the Marshalese flag of convenience, and was under lease to BP until September 2013. At the time of the explosion, the Deepwater Horizon was drilling an exploratory well at a water depth of approximately 5000 feet (1500 m) in the Macondo Prospect located in the Mississippi Canyon Block 252, in the United States exclusive economic zone about 41 miles (66 km) off the Louisiana coast in the Gulf of Mexico. Production casing was being run and cemented by Halliburton Energy Services. Once the cementing was complete, it was due to be tested for integrity and a cement plug set to temporarily abandon the well for later completion as a subsea producer. BP is the operator and principal developer of the Macondo Prospect with 65% of interest, while 25% is owned by Anadarko Petroleum Corporation, and 10% by MOEX Offshore 2007, a unit of Mitsui. BP purchased the mineral rights to drill for oil in Macondo at the Minerals Management Service's lease sale in March 2008. During March and April, 2010, multiple platform workers and supervisors expressed concerns with well control. At <b>...</b>