A recent Corporate Counsel story, “BP’s Deepwater Toll: $55B and Counting,” reports that the Deepwater Horizon oil spill has already costs, and that number is expected to rise over the next few years.  And in its most recent quarterly report, BP took a $10.8 billion charge related to its Gulf oil spill “response” in the second quarter of 2015, according to documents on its website.

The documents, and accompanying information, say $9.8 billion went for state and federal claims arising from the April 2010 spill.  Another $460 million charge was for “business economic loss claims not provided for,” while the reminder went for “adjustments to other provisions” and “ongoing costs of the Gulf Coast Restoration Organization.”

There was no separate breakdown for its legal fees, and David Nicholas, head of BP’s group press office in London, said there was no further breakdown of the Gulf oil spill expenses behind what was offered in the quarterly report.  In February 2014 the company reported it had already spent more than $1 billion on lawyers’ fees.  The company retained Gibson Dunn, Kirkland & Ellis and William & Connolly for work related to the massive spill’s aftermath.

The bulk of the second quarter claims involve the July 2 agreements BP made with the U.S., five Gulf Coast states and some 400 local governments.  The settlement commits BP to pay up to $18.7 billion over the next 18 years.  The settlement does not cover other private securities litigation, which could go on for years.