Court approves BP, Justice Dept. deal on Gulf spill figures

02/20/2013 | Wall Street Journal, The

About 810,000 barrels of oil that BP captured from its leaking Macondo well in the Gulf of Mexico in 2010 won't be included in the calculation of fines against the company under the Clean Water Act, according to U.S. District Judge Carl Barbier. Both BP and the Department of Justice agreed that the captured oil "never came into contact with any ambient sea water and was not released into the environment in any way," the order states. The ruling could reduce BP's Gulf spill-related penalties by up to $3.5 billion.

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