Deepwater Horizon Oil Spill

Deepwater Horizon Oil Spill

July 15, 2015

committed to our coast

committed to our coast

Proposed DWH Global Settlement -Agreement In Principle

Agreement in Principle Proposed global settlement totals more than $18.7 billion: •  $8.1B: natural resource damages •  $232M: unknown natural resource damages •  $5.5B: Clean Water Act civil penalties •  $4.9B: state economic losses

Agreement in Principle Proposed global settlement totals nearly $6.8 billion for the State of Louisiana: • 

$5B (minimum): natural resource damages

• 

$787M (minimum): Clean Water Act civil penalties

• 

$1B billion: state economic losses

Natural Resource Damage Assessment -Early Restoration

Early Restoration

Phase  I  

Phase  II  

Phase  III  

•  April  2012  

•  December  2012  

•  June  2014  

•  $62m  

•  $9m  

•  $627m  

Phase  IV   •  May  2015   (draC)   •  $134m  

Early Restoration -Phase I

NRDA Early Restoration: Phase 1 Lake Hermitage Marsh Creation

NRDA Early Restoration: Phase 1 Lake Hermitage Marsh Creation

NRDA Early Restoration: Phase 1 Oyster Cultch Project Cultch Placements: SPRING 2012 - Hackberry Bay - Sister Lake FALL 2012 - Lake Fortuna - South Black Bay SPRING 2013 - 3-Mile Bay - Drum Bay

Oyster Hatchery Facility

NRDA Early Restoration: Phase I Oyster Cultch Project

Early Restoration -Phase III

NRDA Early Restoration: Phase III Outer Coast Restoration

NRDA Early Restoration: Phase III Marine Fisheries Enhancement, Research and Science Center

RESTORE Act Overview