It was owned by Transocean, operated under the Marshalese flag of convenience, and was under lease to BP until September 2013. The $560 million platform was built by Hyundai Heavy Industries in South Korea and completed in 2001. Press releases from Transocean state the platform had historically been used for deeper wells, including the deepest underwater gas and oil well. The platform was 396 feet (121 m) long and 256 feet (78 m) wide and could operate in waters up to 8,000 feet (2,400 m) deep, to a maximum drill depth of 30,000 feet (9,100 m). Class=notpageimage| Location of the Deepwater Horizon on April 20, 2010Äeepwater Horizon was a floating semi-submersible drilling unit-a fifth-generation, ultra-deepwater, dynamically positioned, column-stabilized drilling rig owned by Transocean and built in South Korea.
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