Associated Press - July 5, 2010 4:14 AM ET
LONDON (AP) - 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.
The spill began April 20 with an explosion and fire aboard the Deepwater Horizon platform, killing 11 workers.