Subscribe
NewsOne Featured Video
CLOSE

LONDON — BP says that it has now spent more than $3 billion in attempts to stop an oil leak in the Gulf of Mexico and to settle damage claims.

The oil company said Monday that is has spent $3.12 billion so far in responding to the spill, attempting to contain oil, paying claims and reimbursing the U.S. and local governments.

BP says it has spent $147 million settling 47,000 claims for payment — or about half of the claims submitted so far.

Click below to view photos of the oil spill:

The spill began April 20 with an explosion and fire aboard the Deepwater Horizon platform, killing 11 workers.

RELATED STORIES

Oil Spill Hits Record As Largest Ever In Gulf Of Mexico

Hurricane Alex Pushes Oil Ashore On Gulf Coast