The European Space Agency satellite GOCE burned up as it re-entered the Earth's atmosphere at 7 P.M. ET on Sunday.

The Gravity Ocean Circulation Explorer (GOCE) satellite that was launched in 2009, reportedly ran out of fuel last month and has been dropping 2.5 miles per day ever since. Last week, the European Space Agency announced that the satellite will drop to Earth in the next two days but officials weren't sure about the drop point.

In a recent press statement, the agency announced that the satellite nicknamed "Ferrari of space" entered Earth's atmosphere at 7 P.M. ET on Sunday on a descending orbit pass that extended across Siberia, the western Pacific Ocean, the eastern Indian Ocean and Antarctica.

"As expected, the satellite disintegrated in the high atmosphere and no damage to property has been reported," the press statement confirmed.

The European satellite was responsible for mapping Earth's gravitational field in exquisite detail. The satellite was 17.4 feet long and weighed 1100 kg . However, as predicted, only 25 percent of the satellite survived the re-entry and fell into the oceans.

"The one-tonne GOCE satellite is only a small fraction of the 100-150 tonnes of man-made space objects that reenter Earth's atmosphere annually," said Heiner Klinkrad, Head of ESA's Space Debris Office. "In the 56 years of spaceflight, some 15 000 tonnes of man-made space objects have reentered the atmosphere without causing a single human injury to date."

No one was injured when the debris of the satellite fell to Earth. In fact, up until now, no one has ever been injured by space junk, except for one woman who came dangerously close. In 2007, Lottie Williams witnessed space debris falling inches behind her, reports Fox News.

"The weight was comparable to an empty soda can," Williams told FoxNews.com. "It looked like a piece of fabric except when you tap it, it sounded metallic."