With a floating oil rig as sophisticated and advanced as the Deepwater Horizon (even though having been built in 2001 for a cost of $350 million), it would be in the estimate of $700 million upwards. It all depends on the task of the rig pertaining to the depth to be drilled, the composite of the area to be drilled, and the various equipment supplied on the rig.
The Deepwater Horizon could drill through thousands of feet of rock to reach oil deposits deep below the seabed. The precise amount of rock would depend on the specific location and depth of the oil reservoirs being targeted.
Horizon treadmills cost anywhere from 600$ to 2000$ depending on size and model.
500,000gallons and 39million so far is dumped into the ocean because it still flows through the drill
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This could refer to any of:Gulf War Oil SpillBP Deepwater Horizon Gulf Of Mexico Oil Spill 20101979 Ixtoc I Gulf of Mexico oil spill.See related questions.
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No oil. The Deepwater Horizon rig was drilling an exploratory well. It had cemented in the last production liner. The productive zone was supposed to be isolated from this production casing by cement at the bottom and a mechanical "packoff" at the top. The final steps would have been to set temporary cement plugs inside this last production liner and move off location. Another rig, (a completion rig) would have completed the well later, so it could flow to a production station.
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