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Fieldwood to Pay $2 Million to Settle Oil Spill Allegations

Feb. 19, 2021, 9:52 PM

Bankrupt offshore oil driller Fieldwood Energy LLC has agreed to pay $2 million to resolve federal criminal allegations related to oil spills in the Gulf of Mexico.

The agreement between Fieldwood and the U.S. Attorney’s Office for the Eastern District of Louisiana, which still requires bankruptcy court approval, would resolve the company’s criminal liabilities over oil spills that occurred in 2015 and 2018.

Houston-based Fieldwood will admit that its employees and third-party contractors committed certain crimes, including falsifying inspection records and overriding safety systems, Michael T. Dane, the company’s senior vice president and CFO, said in a court declaration Thursday....

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