May 13, 2010 /EIN Presswire/ — With oil still gushing from the ocean floor and no end in sight, BP today estimated it already is on the hook for $450 million in containment, relief well drilling, commitments to coastal states, individual settlements and other costs.

Analysts forecast that before this is all over the bill will be $12 billion or more. BP says 6,700 claims already have been filed against it, of which 1,000 already have been paid.

Costs were revealed as BP planned another attempt at staunching the flow of oil with a containment dome. An earlier attempt failed.

Read more at BP Energy Daily Report:
BP Oil Spill news –
BP CEO Tony Hayward news –

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