On April 20, 2010, there was an explosion on the Deepwater Horizon oil rig located off the coast of Louisiana that killed 11 workers. The rig was owned by Transocean and was drilling for BP. The explosion led to a massive offshore oil spill as the rig sank. Over the subsequent months, an estimated 4.9 million barrels of oil spilled into the Gulf of Mexico, causing significant environmental and economic damage along the coast. Investigations later found that failures in safety systems and irresponsible behavior by contractors like Transocean and Halliburton contributed to the disaster. BP faced massive costs and lawsuits in the aftermath.