US sells oil drilling leases for Gulf of Mexico

The United States auctioned off leases on tracts of land in the Gulf of Mexico to help boost domestic oil production and reduce dependence on oil from foreign sources.

The auction brought in $1.7 billion, with British Petroleum purchasing more than 40 of the available leases. The most expensive single tract went to a Norwegian company for $157 million.

The last time the U.S. auctioned land in the Gulf, the sale brought in $949.3 million. Two months after the auction, one of BP’s offshore oil rigs exploded, causing the biggest oil spill the country has seen.

Many people are still recovering from that spill’s far-reaching effects. If your oil spill insurance claims have been denied, contact the Gulf of Mexico oil spills attorneys of Williams Kherkher at 800-821-1544.

Settlement talks between BP and plaintiff group underway

The Plaintiffs’ Steering Committee represents oystermen, fishermen, restaurateurs, and hoteliers who claim that their businesses were damaged by the 2010 Gulf of Mexico oil spill. They have filed a lawsuit against the oil company, BP, in order to gain damages and compensation for their loss of business.

According to reports, BP may be close to reaching a settlement with the committee, in order to avoid going to court. The lawsuit is set to begin in court on March 5. BP is considering using part of the $14 billion fund that they set up in order to benefit fishermen and businesses that were damaged during the oil spill to pay the settlement.

The trial was delayed by a week in order for settlement talks to be discussed between the two parties. Sources close to the case believe that a deal could be announced as early as this week.

If your oil spill claim was denied, you need experienced representation on your side in order to secure the compensation you deserve. Please contact the oil spill denied claims lawyers of Williams Kherkher by calling 800-821-1544 today.

Gulf of Mexico oil spill moratorium costly for the U.S.

A report conducted by the American Petroleum Institute shows that the construction of a moratorium related to drilling in the Gulf of Mexico after the disastrous oil spill will cost America roughly $24 billion.

Due to the establishment of the moratorium in the area, and the prolonged process for allowing drilling, capital has decreased by $18.3 billion in the last two years. If the drilling moratorium was not in existence, there would have been a significant increase in the amount of crude oil investments.

The moratorium has caused 11 separate drilling rigs to pull out of the Gulf of Mexico and occupy other countries. This evacuation has fueled around $21 billion in investments into the new countries. Approximately 130 drilling projects have been delayed because of the moratorium, greatly affecting the economy in the area.

If you were affected by the Gulf of Mexico oil spill and your claim for compensation was denied, please contact the Oil spill denied claims lawyers of Williams Kherkher by calling 800-821-1544 today.

 

Oil spill claims fraud low in comparison to total claims

The Gulf of Mexico oil spill that happened last year left numerous people filing oil spill claims. The Gulf Coast Claims Facility was set up in order to accommodate these claims and to date has paid out roughly $6 billion to cover the damages.

As of now there have been 30 people who have been convicted of fraud charges in relation to the filing of these claims. If convicted the individual may serve possible jail time and will be required to refund the amount they were given in their claim.

There have been over one million claims filed by individuals. Of that number, the claims administrator is doubtful of 13,000 claims. This is a very low number which sheds light on the fact that most people submitting these claims are in clear need of reimbursement for the damages they suffered due to the oil spill.

If you or a loved one was denied a claim that you need in order to get your life back on track, you need experienced representation on your side. Please contact the Oil spill denied claims lawyers of Williams Kherkher by calling 800-821-1544 today.

Judge rules in favor of Louisiana and Alabama

Louisiana and Alabama filed complaints against BP in regards to the 2010 Gulf of Mexico oil spill. The judge in the case has ruled in favor of the states, thus allowing them to ask for punitive damages from BP.

These damages may be accessible through maritime law. Some of the already existent laws that were proposed again were thrown out by the federal judge. The Oil Pollution Act can be used as a source to accumulate these punitive damages as well.

The removal of the oil in the states of Louisiana and Alabama should be fully covered by the Oil Pollution Act, according to the judge. When BP was asked to make a statement, they chose to focus solely on the claims the judge denied in the case instead of the ones that he granted.

If you or a loved one has been denied an oil spill claim, please contact the Gulf oil spill denied claims lawyers of Williams Kherkher by calling 800-821-1544 today.

 

Oil rig workers claim BRAF acted unfairly

The Baton Rouge Area Foundation has recently come under fire for mishandling oil spill claims made by oil rig workers. The workers are claiming that BRAF did not give their claims a fair chance to receive a part of the $100 million BP fund.

A spokesperson for BRAF told the public that the foundation believes their practices are just and fair. BP selected BRAF to monitor the fund in which BRAF was paid $6.5 million to establish a nonprofit to hold the money. Distributions of this fund were made to 755 applicants out of 1,766 people who applied.

There were a total of 900 applications that were never considered due to BRAF deeming them incomplete. Oil rig workers are outraged that their chance to redeem income that was lost has dissolved.

The remaining $82 million in the fund will be given to different organizations who are involved in wildlife and environmental renewal for the Gulf Coast area.

If your oil spill claim was denied, you need experienced representation at your side. Please contact the oil spill denied claims lawyers of Williams Kherkher by calling 800-821-1544 today.

Numerous oil spill claims go unpaid

During the Gulf of Mexico oil spill last year, President Barack Obama had set up a moratorium rig that was to last five months. The claims from the people associated with this rig have seemed to go unnoticed.

There are two funds set up to aid people affected by the oil spills. One fund is directed by the Gulf Coast Claims Facility and the other fund was set up by BP. The people working on the moratorium for Obama do not technically qualify to benefit from either of these funds. For the most part, these workers contributed subcontracting services to workers on the rig.

Kenneth Feinberg, a large contributor to the oil spill claims processes, believes that these workers’ claims need to be paid. The foundation fund has already been sealed with only 755 workers receiving monetary damages from the oil spill.

If you or a loved one has been denied an oil spill claim, you need experienced representation at your side. Please contact the Gulf of Mexico oil spill denied claims lawyers of Williams Kherkher by calling 800-821-1544 today.

Fishermen state that claims process failed them

Fishermen and upset shareholders expressed their concerns with British Petroleum during the first annual meeting about the Gulf oil spill that killed 11 workers and left 4.1 million barrels of oil in the water.

Four people traveled to London in order to voice their concerns to the company. A representative for the Louisiana Oystermen Association has stated that BP should not be telling people that the fishing business is back to normal. He also stated that the interim payments that they were promised haveĀ  not been handed out and their communities are still feeling the devastating affects. Fishermen feel as if the claims process has failed and they are curious where the money is going.

If you or a loved one has not received a payment from the Gulf oil spill or your claim was denied, contact the Gulf Oil spill claims lawyers of Williams Kherkher by calling 800-821-1544 today.

Oil spill claims from Alabama and Mexico denied by BP

BP Plc has recently denied claims to people in Alabama and Mexico who have sued because of natural resource damages and loss of tax revenue after the 2010 oil spill. BP has said that these people were too far away from the spill to be compensated.

Four municipalities sued BP after the oil spill left hundreds of miles of the coast covered in oil. They plaintiffs claimed that this caused a loss of revenue because the business lost income when people were scared to travel to the coastal area.

Three states on the coast of Mexico also filed suit against the company claiming that their fishermen suffered and tourism also down turned. The government in Mexico also wanted scientific research done in order to see what the environmental damage was on their coast.

If you or a loved one has been denied an oil spill claim, you need experienced representation on your side. Contact the denied oil spill claims lawyers of Williams Kherkher today by calling 800-821-1544.

Denied oil spill claims to be reconsidered

Kenneth Feinberg has announced that he will be reconsidering denied oil spill claims for businesses that do not have a tourism link.

According to a local newspaper, The U.S. Department of Justice announced that they asked Feinberg to reconsider claims that were denied that involve businesses in a “purely coastal community” that rely on visitors.

Multiple counties that were affected by the oil spill rely heavily on tourism and the lack of visitors in the area brought their economy in a down spin.

If you or your family lost money on your business because they were no tourists in the area and this sent your family into a difficult financial situation, you may be able to receive compensation for your losses. Contact the Oil spill denied claims lawyers of Williams Kherkher by calling 800-821-1544.





Get news about the areas in the destructive path of Gulf oil spill.

Learn more about the affected areas of the Gulf oil spill
home  |  about us  |  environmental impact  |  economic loss  |  affected areas  |  types of claims  |  contact us  |  articles  |  law resources  |  faqs  |  blog  |  locations  |  Log in

Copyright ©2010 Williams Kherkher. Attorneys are licensed only in the state of Texas unless otherwise indicated in the biographical section. Past performance is no guarantee of future results. Williams Kherkher's primary office is located in Texas. The choice of a lawyer is an important decision and should not be based solely upon advertisements.
Terms of Use  |  Disclaimer  |  Sitemap

8441 Gulf Freeway, Suite 600, Houston, TX 77017-5051
Call toll free today: 800-821-1544
John Eddie Williams +