WASHINGTON - BP PLC says that estimates how much oil well from his failed Gulf of Mexico flowed should "inflated by a significant amount," aiming by billions of dollars the fines reduce stands for the worst offshore-spill of in U.S. history oil.
U.k. the position of the undertaking in writing to a Commission to investigate the causes of the disaster April 20, put is how has shifted the focus to the restore of environment and living in the Gulf Coast region. Gulf Coast States need money for the restoration and urges Obama management have much of the fine money dedicated to the States.
BP on Friday and said the U.S. Justice Department that probably would be involved in every settlement or litigation has submitted its position. The Ministry of Justice had earlier led talks to agree the BP to set aside $ 20 billion in a Fund for those harmed compensate losses prompted.
The fines against BP under the clean water act could to a minimum to $4.5 billion, the $1,100 for each of the 4.1 million barrels (from a total of 4.9 million from the well) would be that spilled into the water. A maximum fine could be $21 billion if gross negligence found by the courts. The fine would a $4,300 penalty for each of the total take 4.9 million barrels.
"BP not has offered his own numbers yet, but BP has told us that it thinks the Government figures are too high," said Priya Aiyar, Deputy chief counsel at the BP deepwater horizon oil spill and offshore drilling Commission last Friday on the panel's day public deliberations. "It thinks, the actual flow could be 20% to 50% lower."
"You go to argue that it was less than 50%," said William Reilly, a co-Chair of the Panel. "Wow."
BP wrote the Commission that a review well, suggests the Macondo which "Properties are the reservoir more in line with a lower daily flow rate during flow." He said in a letter that the accuracy of the pressure gauge, to examine owned by the Government and were used to measure to the flow rates.
October 21 letter was published by the Commission at the request of the news organizations.
Spokesman for the U.S. Geological Survey, whose Chairman, Marcia McNutt, the team that the flow rate estimated led respond immediately to requests for comment. A spokesman for the Ministry of Justice, which is probably handled litigation could be achieved not immediately comment.
The rate at which oil from the well flowed, was one of the most contested elements of the spill. First estimates that were 1,000 barrels of oil per day from the well flow were later be too vague as later estimates were found 5000 barrels of oil per day from the fountain were flowing.
BP was too optimistic estimates to try to close the fountain with drilling mud and junk, an effort that condemned doomed from the outset was because the material was not strong enough, to the oil flows from wells to meet. BP knew that oil was faster flow, the company would have scrapped the top kill procedure, a report by the Commission spill last month found.
Write toSiobhan Hughes in siobhan.hughes@dowjones.com
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