Update: Chandor has dropped the project, Deadline reports, and The Wrap updates that Peter Berg will now direct, reteaming with his Lone Survivor star Mark Wahlberg. It’ll open on September 30th, 2016.

After two small-scale efforts, J.C. Chandor is preparing to go big. In following his upcoming period-piece thriller A Most Violent Year, the helmer behind Margin Call and All Is Lost is expected to board Deepwater Horizon, an exploration of the 2010 disaster involving Transocean and BP’s oil rig of the same name. Unless we’re short on memory, the details no doubt stick out, still: a large rig blew up, killed and injured numerous crew men, then eventually spilled around 210 million gallons of oil near the coast of Louisiana. BP was, unsurprisingly, the victim of a public crucifixion, to many minds forever tainting their image as a responsible organization. Indeed, as one critic already put it, the title might prove an unusual combination of his first two films. [Deadline]

Lionsgate, Summit Entertainment, and Participant Media are behind the title, while Matthew Michael Carnahan (World War Z) has written the most recent draft — one presumably based on “Deepwater Horizon’s Final Hour,” a 2010 New York Times article purchased by Summit. Though Chandor is currently in post-production on the Oscar Isaac– and Jessica Chastain-led A Most Violent Year, news indicates that Deepwater Horizon will commence production this winter.

Is this event worth dramatizing? Does the production seem fitting for the All Is Lost helmer?