Monday . By some measures, offshore platforms are lessenvironmentally damaging because theyemit about half the greenhouse gas levelsoftheir shale counterparts, according to S&P Global. Gulf companies are already instrumental in the development of the U.S. market and by opening new lease areas on their doorstep we will leverage our unique domestic expertise even further. Luke Metzger, executive director of Environment Texas, in a statement to POWER said, Offshore wind will be a great complement to Texas onshore renewable energy resources. The announcement comes as the number of offshore oil and gas leases granted under the Biden administration have shrunk to historic lows. The waters in the Gulf are shallow enough for traditional technology that secures wind turbines to the ocean floor. BIDEN ADMIN WEIGHS COMPLETE BLOCK ON OFFSHORE OIL DRILLING AS GAS PRICES KEEP RISING. Strong to gale force S winds are occurring E of the front over the eastern and central Gulf. Greenhouse gas emissions are behind global warming, sparking more severe storms, drought and eroding coast lines. The effort is part of a broader goal of reducing U.S. carbon emissions created when coal, oil and gas and there's a bounty of inshore, nearshore, and offshore fisheries to explore. Best States is an interactive platform developed by U.S. News for ranking the 50 U.S. states, alongside news analysis and daily reporting. Someoffshore giants are increasingly setting their sights on waters beyond the Gulf of Mexico. Wind Lease Auction Proposed For Offshore Louisiana And Texas Announces First Sale of Rights for California Offshore Wind Development, Biden Administration Throws Support Behind Floating Offshore Wind, Entergy Grows Revenue, Increases Customer Satisfaction with Value-Added Services, Flexible & Reliable: Optimal performance amid variable power generation, AI in Renewables: The Secrets to Successfully Scaling a Diversified Fleet, Over the year, 664 new organizations registered with the Business Networks. 1600 Pennsylvania Ave NW A lease sale for the New York Bight region off the East Coast, held in February of last year, pulled in $4.37 billion. Amateur Radio Deepwater Development Systems in the Gulf of Mexico Basic Options These are particularly necessary further off Californias coast where the Pacific floor drops off considerably and platforms cant be anchored. Do You Expect the Infrastructure Acts Funding to Impact Your Firm? -. Offshore Drilling in Gulf of Mexico Makes Too-Little, Too - gCaptain Contacts Discuss outcomes of recent sand inventory efforts. Please enable JavaScript to use this feature. U.S. sets out Gulf of Mexico offshore wind lease areas; EU carbon 1849 C Street, NW The proposed lease areas total nearly 302,000 acres. statistic alerts) please log in with your personal account. Environmentalists condemn Biden administration's offshore drilling plan Camille Manning-Broome on LinkedIn: Gulf of Mexico Activities Recent Updates Today, the Biden-Harris Administration is announcing its latest steps to expand offshore wind jobs and local economic development across the country. Gulf of Mexico Offshore Sand Management Working Group We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market. To support its Gulf of Mexico business, bp maintains a logistics base in Port Fourchon, Louisiana, along with a heliport in Houma, Louisiana. On February 23, 2023, the United States Court of Appeals for the Fifth Circuit set aside the final rule implementing the Southeast For-Hire Integrated Electronic Reporting Program (SEFHIER) in the Gulf of Mexico (Gulf). A statement issued from the White House reads: For the first time, the Department of the Interior has proposed an offshore wind lease sale for three areas in the Gulf of Mexico: offshore Texas and Louisiana. This PDF is the current document as it appeared on Public Inspection on 02/23/2023 at 8:45 am. Biden had small cancerous lesion removed, White House doctor says, Nikki Haley tells CPAC audience she cant believe that Biden is letting China get away with so much, Jon Stewart to GOP state senator: You dont give a flying f about gun violence, Ron DeSantis skips CPAC, says Republicans act like potted plants when facing woke ideology. Article. current time in gulf of mexico offshore Because the Gulf of Mexico already has so much infrastructure in place, operators are shifting to an infrastructure-led exploration strategy.. The U.S. offshore wind market saw $9.8 billion in new investments in 2022, more than triple the prior year. Gulf of Mexico Fishing: The Complete Guide - FishingBooker Blog President of the United States since 2021. The announcement comes as the number of offshore oil and gas leases granted under the Biden administration have shrunk . Offshore wind turbines in the Gulf of Mexico may create adverse impacts to that system. The Department of the Interior announced the first lease sale in the Gulf of Mexico for wind power installations, opening over 300,000 acres in areas long dominated by fossil fuel production. The Gulf of Mexico is an angling mecca if ever there was one. Lisa Frank, executive director of the Washington (D.C.) Legislative Office of Environment America, in a statement emailed to POWER after Wednesdays announcement, said, We have the power to run our lives entirely on clean, renewable energy from the wind and sun, and these actions by the Biden administration move us closer to that brighter future. The Biden administration on Wednesday announced the governments first-ever offshore "wind lease sale" in the Gulf of Mexico, which will give companies a chance to bid on areas of the Gulf Coast to produce wind energy and contribute to Americas "clean energy transition.". data. The New York Times examined pipeline permits for the area and identified at least nine pipeline segments operated by seven oil and gas producers within a three-kilometer (1.8-mile) radius of the . FACT SHEET: Biden-Harris Administration Announces Actions to Expand The Biden-Harris administration has set a target of 30 gigawatts of offshore wind energy capacity by 2030. The Gulf is the nations primary offshore source of oil and gas, generating about 97% of all oil and gas production on the U.S. Biden wants a path to net-zero emissions throughout the U.S. economy by 2050. Shell and BP are the two biggest Gulf producers. Bipartisan bill to make daylight-saving time permanent rolled out again. Withstrong, consistent winds in the Gulf, offshore wind will help reduce pollution and strengthen our electric grid, he said. Register in seconds and access exclusive features. Oil and Gas - Gulf of Mexico | Bureau of Ocean Energy Management The number of new offshore discoveries worldwide has fallen to a 75-year low after oil companies slashed their budgets for deepwater exploration. The platform is designed to engage citizens and government leaders in a discussion about what needs improvement across the country. Published by Jessica Aizarani , Feb 28, 2023. Gulf of Mexico | Where we operate | Home - United States Profit from the additional features of your individual account. . NE Gulf N of 26N E of 87W. I would be hard-pressed to say that offshoreis on the decline because we keep improving our technology, including our seismic imaging, said Starlee Sykes, the senior vice president overseeing the Gulf of Mexico for BP Americas. National Environmental Policy Act and Offshore Renewable Energy, Gulf of Mexico Offshore Sand Management Working Group, Regional Sediment Management Update Elizabeth Godsey, United States Army Corps of Engineers, National Offshore Sand Inventory (NOSI) Update and Projects Supported by NOSI Ashley Long, BOEM, Marine Minerals Information System Stakeholder Engagement Update Lora Turner, BOEM, Texas Survey Data Discussion Kelly Brooks, Texas General Land, Usability of Historical Seismic Data Jim Flocks, United States Geological Survey, Offshore Renewables Update and Implications for Marine Minerals Tershara Matthews, BOEM, Carbon Capture Sequestration Carlos Alonso, BOEM, Pipeline Installation and Decommissioning with Regards to Multi-use Angie Gobert, Bureau of Safety and Environmental Enforcement (BSEE). Welcome and Introductions of MMP Staff Tershara Matthews, BOEM, Review Agenda, Meeting Objectives, and Process Approach Facilitator, Significant Sediment Resource Area Update Jessica Mallindine, BOEM, Anticipated Sand Management Needs or Challenges in the GOM. ACP applauds Interior Secretary Haaland and BOEM and looks forward to partnering with them to meet the ambitious but achievable goal of deploying 30 GW of offshore wind by 2030.. On Dec. 29, a Bell 407 helicopter carrying four people "crashed into the Gulf of Mexico" at roughly noon local time "while departing the West Delta 106 offshore drilling platform," the Federal . The, The Biden administration announced a goal of installing as much as 15 GW of floating offshore wind energy, Available on demand until February 16, 2024. Onceall six platforms are online, they couldproduceup to560,000 barrels a day. FILE - The five turbines of America's first offshore wind farm, owned by the Danish company, Orsted, are seen from a tour boat off the coast of Block Island, R.I., Oct. 17, 2022. this website, certain cookies have already been set, which you may delete and We use cookies on our website to give you the most relevant experience. The White House It is the longest-running oil spill in U.S. history. National Offshore Sand Inventory (NOSI) Update and Projects Supported by NOSI - Ashley Long, BOEM. The U.S. administration on Wednesday proposed the first-ever offshore wind lease sale in the Gulf of Mexico, as part of the government's plan to spur offshore wind deployment beyond the East Coast.. Water Depth . Chart. The Biden administration on Feb. 22 announced the first-ever lease sale for offshore wind power development in the Gulf of Mexico. Text. A new wave of oil platforms is sweeping into the U.S. Gulf of Mexico as crude prices are riding historic levels anddemandfor barrels is higher than ever. If you are an admin, please authenticate by logging in again. Biden proposes first offshore wind lease sale in Gulf of Mexico By. See more about APs climate initiative here. The Biden administration isn't on track to set a schedule for new offshore lease sales by June 30, when the current five-year program expires, and federal budget documents show the White House . The Biden administration on Wednesday proposed the first-ever offshore wind lease sale in the Gulf of Mexico as part of a larger plan to install offshore wind sites along the country's coasts . Are you interested in testing our business solutions? The Proposed Sale Notice (PSN)includes. The Gulf of Mexico announcement follows earlier Biden team news on lease sales off the East and West coasts of the U.S. That statistic shows how effectively the Biden administration has been at keeping Bidens promise to dramatically shut down new oil and gas drilling. Available: https://www.statista.com/statistics/918575/gulf-of-mexico-offshore-oil-rig-count-by-contract-type/, Monthly number of offshore oil and gas rigs in the U.S. Gulf of Mexico from May 2021 to February 2023, by contract type, Available to download in PNG, PDF, XLS format, Global crude oil investment returns 2010-2021, Global proved oil reserves breakdown by country 1992-2020, Global oil reserves share by country 2020, Global seaborne trade volume of crude oil 2010-2021, Global crude oil export value by country 2021, West Texas Intermediate annual average oil price 1976-2023, Global oil consumption share 2010 & 2021, by region, Leading global oil and gas producers based on revenue 2022, Leading oil and gas producers based on market cap October 2022, Value of revenue of Saudi Aramco 2017-2021, Global oil and gas investment volume 2019-2024, by sector, Global upstream M&A deal values 2016-2021, Global oil and gas workforce by country 2019-2021, Monthly global liquid fuels consumption 2019-2022, Monthly global liquid fuels consumption by region 2019-2023, Global oil products demand outlook 2020-2045, Oil and gas companies most affected in net zero emissions scenario 2030, Gulf of Mexico's offshore oil rig marketed utilization 2017-2020, Global offshore oil rig marketed utilization 2017-2019, Global expenditures on offshore oil platform decommissioning 2013-2040, Diamond Offshore Drilling: number of offshore rigs 2009-2022, Distribution of global crude oil production onshore and offshore 2005-2025, Global offshore oil production by water depth 2005-2015, Number of offshore rigs worldwide 2018 by region, Global new drillship contracts awarded by type 2016-2018, Number of offshore rigs worldwide by operator 2018, Global new offshore oil and gas rig contracts awarded by type 2016-2018, Global capital expenditures on offshore exploration and production 2017-2025, Offshore oil and gas: asset decommissioning requirement by structure 2000-2040, Global new jackup contracts awarded by type 2016-2018, Offshore oil and gas: asset decommissioning requirements by region 2000-2040, Scheduled newbuild vessels for subsea construction worldwide by contractor 2015-2017, KSOE's green energy sales revenue 2015-2021, Offshore production facilities in Asia-Pacific, Value of money held offshore by selected U.S. companies 2014, Global new major offshore oil and gas project approvals 2013-2019, Find your information in our database containing over 20,000 reports. How do you expect the Infrastructure Investment and Jobs Act to impact your firms backlog in the next 2-3 years? The Biden administration said Wednesday it is considering the first-ever lease sale for offshore wind energy in the Gulf of Mexico, a key part of a . In December, the first auction for leases off the Pacific coast fetched more than $757 million. Currently, you are using a shared account. Energy consulting firmWood Mackenzieis more bullish, forecasting crude and natural gas production this year could jump to the equivalent of 2.3 million oil barrels per day. Across Louisiana, bp employs some 400 people and supports more than 6,200 additional jobs, spending about $65 million annually with over 50 suppliers.. Offshore teams also receive 24/7 support including constant communication and real-time data . View accurate Gulf of Mexico wind, swell and tide forecasts for any GPS point. This website uses cookies to improve your experience while you navigate through the website. Identify opportunities for continued Gulf of Mexico (GOM) SMWG activities. Explore Mexico City's sunrise and sunset, moonrise and moonset. Questions? A 2020 study conducted by NREL quantified the Gulf's gross offshore wind resource capacity at 1.87 terawatts (TW). Across the Atlantic, Shell has made a massive discoveryoffshore Namibia. . Flower Garden Banks National Marine Sanctuary Weather Buoys Sea Surface Temperature (SST) Contour Charts 1849 C Street, NW Associated Press climate and environmental coverage receives support from several private foundations. Not a subscriber or a registered user yet? Those against wind say the turbines can be noisy and unappealing aesthetically, and can sometimes adversely impact the physical environment around them. Is red tide still affecting beaches in Southwest Florida? | Bradenton {"Tags":[],"Categories":["Offshore"],"Excerpt":"ByPaul Takahashi (Bloomberg) A new wave of oil platforms is sweeping into the U.S. Gulf of Mexico as crude prices are riding historic levels anddemandfor barrels is higher than"}, Just enter your email and get hot news every morning. The proposed sale is part of the leasing path announced by Secretary Haaland in 2021 to meet the Biden-Harris administration's goal to deploy 30 gigawatts (GW) of offshore wind energy capacity by . Monday, February 27, 2023 The oil industry's biggest party is properly returning to London for the first time since the pandemic. The 2004 Taylor Energy oil spill is an ongoing spill located in the Gulf of Mexico, around 11 miles (18 km) off the coast of the U.S. state of Louisiana.It is the result of the destruction of a Taylor Energy oil platform during Hurricane Ivan in 2004. [Online]. These systems are presently used in water depths greater than 5,000 feet. The Biden administration said Wednesday it is considering the first-ever lease sale for offshore wind energy in the Gulf of Mexico, a key part of a push to deploy 30 gigawatts of offshore wind by 2030 to help fight climate change. The wind turbine charges a bank of batteries, thus enabling efficient wind turbine power distribution throughout the grid. Phone: 202-208-6474BOEM Public Affairs. The proposed sale, which could take place as soon as this summer, includes areas offshore Lake Charles, Louisiana and Galveston, Texas, for roughly 3.6 gigawatts of electricity, enough to power about 1.3 million homes. Mississippi Sound. With average wind speeds, maximum water depth of 1000 m . Biden considers 1st offshore wind auction in Gulf of Mexico Interior said it will decide whether to proceed after the public comment period in late April. This does not reflect the number of rigs actually working at any given time as some contracted rigs may be moving between locations, undergoing maintenance, waiting on weather, etc. Email: [emailprotected] Phone: +1.805.704.2536. The environmental group Clean Ocean Action has joined . via offshore rig. OCS Report BOEM 2022-022- U.S. When do you expect states/localities in your area to start advertising Infrastructure Investment and Jobs Act-funded projects? You only have access to basic statistics. All Rights Reserved BNP Media. Offshore drilling limited to Gulf of Mexico in Biden - CNN This website requires certain cookies to work and uses other cookies to By closing this message or continuing to use our site, you agree to the use of cookies. "A lapse in the federal offshore leasing program could jeopardize American energy security, cost thousands of jobs, and risk billions in lost federal, state and local revenues, according toanalysisprepared by Energy and Industrial Advisory Partners," API Senior Vice President for Communications Megan Bloomgren wrote this month. Interior Department proposes first offshore wind sale in Gulf of Mexico BOEM to Hold Gulf of Mexico Oil, Gas Lease Sale in March. The proposed sale is part of the leasing path announced by Secretary Haaland in 2021 to meet the U.S. administration's goal to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and follows the Department's approval of the nation's first two commercial-scale offshore wind projects. The timing for these new Gulf projects couldnt be better. Share information on Gulf-wide multi-use initiatives and lay the foundation for continued interstate coordination. Similar to solar power Current Local Time in Mexico City, Ciudad de Mxico, Mexico BP Plcs Argos and Shell Plcs Vito floating production platforms that are taller than 20-story buildings and havedecks the size of football fields will start pumping crudeoff the Louisiana shore later this year. of the Interior, through its Bureau of Ocean Energy Management (BOEM), said it would open more than 300,000 acres in the Gulf, an area that long has been a major part of U.S. exploration for crude oil and natural gas. anglers between the age of 16-65 require a valid fishing license to cast a line in the Gulf. Itsdeep trove of reservoirs is responsible forabout 14%of the U.S.scrude production, second only to the countrys prolific shale fields. Visit a quote page and your recently viewed tickers will be displayed here. Disclaimer. The current loops around the Gulf, flows southeastward into the Florida Strait where it serves as a parent to the Florida current and ultimately joins the Gulf Stream. TGS and SLB Collaborate on Ultra-Long Offset OBN Survey in U.S. Gulf of Policy would ban new ocean drilling but allow up to 11 lease sales in Gulf of Mexico and Alaska's south coast Edward Helmore Sat 2 Jul 2022 16.43 EDT Last modified on Sun 3 Jul 2022 14.45 EDT It will also help secure our nations energy independence while reducing costs for consumers, said Josh Kaplowitz, vice president for offshore wind with trade group,The American Clean Power Association. Building on Recent Administration Actions, Next Post: FACT SHEET: BIDEN-HARRIS ADMINISTRATION ANNOUNCES ACTION TO SAVE HOMEBUYERS AND HOMEOWNERS $800 PER YEAR, FACT SHEET: BIDEN-HARRIS ADMINISTRATION ANNOUNCES ACTION TO SAVE HOMEBUYERS AND HOMEOWNERS $800 PER, https://www.whitehouse.gov/briefing-room/statements-releases/2023/02/22/fact-sheet-biden-harris-administration-announces-actions-to-expand-offshore-wind-nationally-and-harness-more-reliable-affordable-clean-energy/?utm_source=link, Office of the United States Trade Representative, Federal-State Offshore Wind Implementation Partnership. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Wind Lease Sales Available for the Gulf of Mexico This proposed lease sale will continue the legacy of energy production in the Gulf of Mexico, providing Americans with an affordable clean energy supply. Links Subsea7, a company that provides services to offshore oil and gas industries, has reached a deal to acquire a majority of Seaway7s remaining shares, giving it full control over its March 3 (Reuters)About 50offshoreworkers on BPNorth Sea installations have backed strike action in a dispute over pay and overtime rates, British union Unite said on Friday. Claims about offshore wind farms killing whales are unsubstantiated Oil Companies Are Ordered to Help Cover $7.2 Billion Cleanup Bill in Follow us to learn about opportunities to participate in our efforts and how we engage. BOEM will further coordinate with DoD and the lessee to deconflict potential impacts throughout the project . (Mouseover and click the desired area to view the valid Global Ocean Model Currents 0-72 hour forecast data) U.S. proposes three offshore wind areas in Gulf of Mexico U.S. federal authorities have set out three lease areas for offshore wind development off the coast of Louisiana and Texas in the first auction in the Gulf of Mexico. Oil Platforms In The Gulf Of Mexico - Maritime Page Bldg. and cookie policy to learn more about the cookies we use and how we use your No one would have thought there would be a renewal in the Permian before the shale boom, so I personally think its a long way from over, she said, referring to theGulf of Mexico. 1X. Whats our next move? Gulf of Mexico Offshore Sand Management Working Group National Oceanic and Atmospheric Administration The Biden administration announced the first-ever lease sale for offshore wind power in the Gulf of Mexico on Wednesday, the next phase among recent moves that are already adding wind power up and down the U.S. Atlantic and Pacific coasts. In his first two years in office, the only offshore oil and gas lease sales that have taken place under Biden have been those ordered by Congress or the courts. Feedback If you do not agree to the use of cookies, you should not navigate Gulf of Mexico - Atlantic Oceanographic and Meteorological Laboratory Biden considers 1st offshore wind auction in Gulf of Mexico Updated on: December 29, 2022 / 10:02 PM / CBS/AP. Biden Considers 1st Offshore Wind Auction in Gulf of Mexico This means the Gulf program is currently not in effect. The attack in April was part of a stunning surge of piracy in the southern Gulf of Mexico, a threat that prompted an American government security alert on Wednesday. "Monthly number of offshore oil and gas rigs in the U.S. Gulf of Mexico from May 2021 to February 2023, by contract type." View the Status of Exploration and Development Plans Subject to Enhanced Safety and Environmental Requirements in the Gulf of Mexico. Then you can access your favorite statistics via the star in the header. The ruling does not affect the South Atlantic SEFHIER program. You need at least a Starter Account to use this feature. Copyright 2023 MarketWatch, Inc. All rights reserved. CL00, The first sites will be off the coasts of Texas and Louisiana. Biden administration announces first-ever wind energy lease sale in News & Technology for the Global Energy Industry. They will join Murphy Oil Corp.sKing Quay, a behemoth that started producing oil in April, also off the Louisiana coast. Gulf of Mexico Marine Weather & Wind Forecast - Buoyweather I encourage you to click the link and learn about this Proposed Sale Notice. Strong NW winds are behind the front over the NW Gulf, with gale force N winds . High Seas Forecasts (February 17, 2023). 8:15 a.m. National and Gulf-wide Sand Inventory Initiatives and Cooperative Agreements. Hayes Framme, the head of new markets and supply chain for rsted, applauded the proposed sale and said the company is assessing these new opportunities. to incorporate the statistic into your presentation at any time. The Biden administration just proposed the first-ever offshore wind lease sale in the Gulf of Mexico off the coasts of Louisiana and Texas. There have been scores of . ENR NATURAL DISASTERS PREP & RECOVERY SPOTLIGHT. Worriesthat todayshigh prices wont last makeinvesting in expensive, time-consuming offshore projects a hard sell. Im 66, we have more than $2 million, I just want to golf can I retire? Could 2023 be the year offshore wind energy takes off in the US? NG00, Marine Graphical Composite Forecast Map for Gulf of Mexico Offshore Waters wind power is also intermittent, meaning that turbines are reliant on weather and therefore arent capable of generating electricity 24/7. Advancing Offshore Wind in the Gulf of Mexico: For the first time, the Department of the Interior (DOI) is announcing a proposed offshore wind lease sale for three areas in the Gulf of Mexico . Please do not hesitate to contact me.