INSTITUTE INDEX: Time of trials for BP?
Date on which the Gulf oil spill trial is scheduled to begin in New Orleans unless a settlement is reached: 2/27/2012
Percent chance that BP will settle with the federal government before then, according to the former head of the U.S. Justice Department's Environmental Crimes Section: 70 to 80
Anticipated settlement: $20 billion to $25 billion
Rank of the BP case among the biggest private litigations in U.S. history: 1
Number of individual lawsuits that have been consolidated into the suit: 535
Number of witnesses expected to take the stand in the trial, which will determine how to apportion blame among BP and the other companies involved in the disaster: 303
Pages of documents that have been produced by parties to the litigation: 72 million
Settlement already paid to BP by Texas-based Anadarko Petroleum, one of the partners in the ill-fated Macondo well, for its role in the disaster: $4 billion
BP's settlement with Macondo partner MOEX, a Houston-based subsidiary of Japanese oil and gas exploration firm Mitsui & Co: $1.065 billion
With Cameron International, Houston-based manufacturer of the failed blowout preventer: $250 million
With Weatherford International, Houston-based manufacturer of a key piece of equipment used in cementing the failed well: $75 million
BP's estimate of total damages from the Gulf disaster: $43 billion
Amount BP has set aside to pay for damages from the spill: $20 billion
Portion paid out to date: $7.8 billion
Net earnings BP reported in 2011: $23.9 billion
Rank of BP among best-performing Big Oil stocks: 1
Percent by which BP raised stockholders' dividend this week, the first upgrade since the Gulf disaster: 14
Number of oil rigs BP expects to be operating in the U.S. Gulf of Mexico by the end of this year: 8
(Click on figure to go to source.)
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