The resultant oil spill continued until 15 July when it was closed by a cap . Relief wells were used to permanently seal the well , which was declared " effectively dead " on 19 September 2010 . Transocean received an early partial insurance settlement for total loss of the '' Deepwater Horizon '' of around 5 May 2010 . Financial analysts noted that the insurance recovery was likely to outweigh the value of the rig ( although not necessarily its replacement value ) and any liabilities the latter estimated at up to
resultant oil spill
Deepwater Horizon oil spill
Deepwater Horizon