A group of international shipping companies and their subsidiaries tentatively agreed Wednesday to pay $96.5 million to Houston-based Amplify Energy Corp. to dismiss one of the last remaining lawsuits over the oil spill, which sent at least 25,000 gallons of crude into the waters off Huntington Beach in October 2021.
LA Times
Although the Coast Guard’s investigation report has yet to be published, available information suggests that the pipeline was well maintained and that Amplify’s Beta Unit facilities had a good safety and compliance record. Absent the anchor dragging captured in the above image, a spill would have been highly unlikely. The large settlement in favor of Amplify is therefore quite understandable.
Bud's Offshore Energy (BOE) 
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