'' There Will Be Blood '' received significant critical praise for its cinematography , direction , screenplay , and particularly the performance of Day-Lewis , who won Oscar , BAFTA , Golden Globe , Screen Actors Guild , NYFCC and IFTA Best Actor awards for the role . It appears on several lists of the greatest films of the 21st century , and appeared on many critics ' " top ten " lists for the year , notably the American Film Institute , the National Society of Film Critics , the National Board of Review , and the Los Angeles Film Critics Association . At the 80th Academy Awards , the film was nominated for eight Oscars ( tying with another Paramount Vantage/Miramax co-production '' No Country for Old Men '' ) . The nominations included the Best Picture and Best Director for Anderson . The film won two Oscars , the Best Actor for Day-Lewis and the Best Cinematography for Robert Elswit
80th Academy Awards
80th Academy Awards
There Will Be Blood