Washington, DC 20500, Proposes first-ever Gulf of Mexico offshore wind lease sale; welcomes California and Louisiana to Federal-State Partnership to build Americas supply chain and increase skilled workforce for offshore wind. For example, Interior said it will take into account Bidens executive order on "Advancing Racial Equity and Support for Underserved Communities Through the Federal Government" as it conducts its wind lease auctions. Yep, . Offshore wind turbines in the Gulf of Mexico may create adverse impacts to that system. 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. By clicking Accept, you consent to the use of ALL the cookies. 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. The Shell Perdido offshore production platform in the Gulf of Mexico. By closing this message or continuing to use our site, you agree to the use of cookies. The interior secretary says there is no time to waste. Weve got you covered! statistic alerts) please log in with your personal account. 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. are burned by 50% by 2030. The Network looks forward to BOEMs continued work advancing the lease areas and encourage the agency to maintain the maximum potential developable acreage while it coordinates with other ocean users, Burdock said. By. The proposed lease areas total nearly 302,000 acres. Cause of the toxic bloom: Red tide is caused by Karenia brevis, a single-celled organism that is found in the Gulf of Mexico.High concentrations of K. brevis cells, called blooms, release toxins . It is mandatory to procure user consent prior to running these cookies on your website. The Dept. See here for details. The Biden administration just proposed the first-ever offshore wind lease sale in the Gulf of Mexico off the coasts of Louisiana and Texas. If you're fishing with a local captain, however, this will be . In 2016 NREL reported that the Gulf holds about 15% of the US' gross offshore wind energy potential and 25% of the country's technical offshore wind energy potential. Other key findings from the report include: The advancement of an offshore wind lease sale in the Gulf of Mexico is a game-changer, said Liz Burdock, founder and CEO of the Business Network for Offshore Wind, in a statement provided to POWER. Danish wind developer rsted is already investing in infrastructure and vessels in the Gulf region for its planned U.S. offshore wind farms. But opting out of some of these cookies may affect your browsing experience. You can only download this statistic as a Premium user. News & Technology for the Global Energy Industry. The Biden administration has leased 1.7 million offshore acres for oil and gas in its first two years, fewer than any president since President Richard Nixon and about a third seen in President Barack Obamas first two years, according to the American Petroleum Institute (API). 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 Interior Department will open over 300,000 acres in the Gulf, long dominated by fossil-fuel drilling 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. 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. Disclaimer. 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. The Gulf of Mexico announcement comes on the heels of the 2023 U.S. Offshore Wind Market Report, produced by the Business Network for Offshore Wind. Also out this week, the 2023 U.S. Offshore Wind Market Report found state demand for offshore wind nearly doubled in 2022. View the Status of Exploration and Development Plans Subject to Enhanced Safety and Environmental Requirements in the Gulf of Mexico. Reading Time: 11 minutes. The Gulf of Mexico announcement follows earlier Biden team news on lease sales off the East and West coasts of the U.S. On April 5, 2022, changes to the Tropical Analysis and Forecast Branch (TAFB) offshore marine zones were made. New safeguards to protect offshore personnel and the environment took effect October of 2010. . Ammonia Gas Turbine Combustion Has Economic Potential, GE-IHI Study Suggests, Indonesia Begins Carbon Trading Program for Coal-Fired Power Plants, Dominican Republic Adds to Power Capacity With New Gas-Fired Plant, Poland Moves Forward With Countrys First Nuclear Power Plant, DOE Breaks Ground on Next-Generation Concentrating Solar Power Pilot, Major Offshore Wind Array Planned off Iberian Peninsula, The POWER Interview: Challenges, Opportunities for Energy Storage, European Project Launches to Demonstrate High-Volume Hydrogen Gas Turbine Combustion, a major project off the Iberian Peninsula was announced earlier this week, industry analysts say U.S. development is poised for major growth, the Block Island project off the coast of Rhode Island, California called for 25 GW of offshore wind generation, BOEM Launches Offshore Wind Actions for California, Gulf Coast, New York Bight, BOEMs First Two Offshore Wind Areas in the Gulf of Mexico Could Feed Texas, Louisiana, U.S. We thank these leaders for going big on offshore wind to help us secure clean, abundant energy and reduce pollution., Todays announcement is another significant milestone in the development of domestic offshore wind production. US Dept of Commerce The current administration remains keen to encourage offshore wind deployment beyond the East Coast of the US. By closing this message or continuing to use our site, you agree to the use of cookies. Itsdeep trove of reservoirs is responsible forabout 14%of the U.S.scrude production, second only to the countrys prolific shale fields. ", The government will also require companies to contribute to a fisheries compensatory mitigation fund to redress "potential negative impacts to commercial and for-hire recreational fishers caused by offshore wind development in the Gulf of Mexico. The Biden-Harris administration is on track to hit self-defined targets to lease seven new areas and perform 16 project environmental reviews. Scientists say clean electricity such as wind power must replace electricity from burning coal and gas as soon as possible to reduce the severity of climate disturbance. Kimberly's Reef is Florida Gulf Coast University's . According to the conservation group Oceana, "at least 150 dolphins and whales were found dead" after the 2010 Deepwater Horizon oil rig explosion in the Gulf of Mexico. IHS Markit. A new tool was used in the Gulf of Mexico on Wednesday to monitor the water and support red tide research, human health and the ecosystem. via offshore rig. The Biden administration said Wednesday, Feb. 22, 2023, 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. 1849 C Street, NW All Rights Reserved BNP Media. Even as it pushes forward to develop U.S. offshore wind energywith a lease auction now set in the Gulf of Mexico by year end, an accelerated "earthshot" for floating wind technology and . Published by Jessica Aizarani , Feb 28, 2023. They will join Murphy Oil Corp.sKing Quay, a behemoth that started producing oil in April, also off the Louisiana coast. Text. Strong NW winds are behind the front over the NW Gulf, with gale force N winds . Someoffshore giants are increasingly setting their sights on waters beyond the Gulf of Mexico. Even as the industry recovers from the pandemic, its offshore investment globally is set to rise only 7% to $155 billion this year, compared withan 18% increasein shale investments, according to Rystad Energy, aconsulting firm. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Recent Updates Since the start of the current . Many electric vehicle batteries lose power when it's very cold, News reports say three children have been killed and two other children wounded in an attack at a home in Texas on Friday afternoon, Southern states are more frequently turning to pay-to-use express lanes as a way to address highway congestion without raising taxes. Growth was primarily driven by lease auction fees, though more than $4.4 billion was directed to port infrastructure, supply chain development, and transmission. The Business Network has identified $17 billion in new investments driven by offshore wind activity in the United States since 2014. Those against wind say the turbines can be noisy and unappealing aesthetically, and can sometimes adversely impact the physical environment around them. 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. BIDEN ADMIN WEIGHS COMPLETE BLOCK ON OFFSHORE OIL DRILLING AS GAS PRICES KEEP RISING. Follow us to learn about opportunities to participate in our efforts and how we engage. The Biden administration on Wednesday announced the government's 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 America's "clean energy transition.". The comment period for the first proposed offshore wind sale in the Gulf of Mexico is now open! In December, the first auction for leases off the Pacific coast fetched more than $757 million. Wednesdays announcement continues the administrations push for offshore wind farms off the nations coastlines. Wednesdays announcement of a lease sale in the Gulf comes after earlier announcements of lease sales of the U.S. East and West coasts. The sectors inability to quickly ramp up production when geopolitical disruptions like Russias war in Ukraineupend marketsis one reason why U.S. oil production at 11.8 million barrels a day remains below the pre-pandemic record of 13.1 million barrels a day, even with crude prices at 14-year highs. 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 . The effort is part of a broader goal of reducing U.S. carbon emissions created when coal, oil and gas To use individual functions (e.g., mark statistics as favourites, set Enter your email and get some awesome stuff every week. Linked data may not represent the latest forecast. BP and Shell remain committed to the regioneven as theyshift investment away fromoil and gas to meetnet-zero ambitions. Offshore revenue sharing considered by U.S. House committee. This proposed lease sale will continue the legacy of energy production in the Gulf of Mexico, providing Americans with an affordable clean energy supply. There are several different types of buoys in the northwestern Gulf of Mexico that can provide information about on-site conditions near the sanctuary. 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. Because the Gulf of Mexico already has so much infrastructure in place, operators are shifting to an infrastructure-led exploration strategy.. 1X. 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. Among the top 10 states with the most wind turbines, Texas ranks the highest with over 10,000 more turbines than second-ranked Iowa. The Biden administration isnt on track to set a schedule for new offshore lease sales by June 30, when the current five-year programexpires, and federal budget documents show the White House doesnt anticipate selling more oil and gas leases in the Gulf through at least October 2023. Airports. It is the longest-running oil spill in U.S. history. To support its Gulf of Mexico business, bp maintains a logistics base in Port Fourchon, Louisiana, along with a heliport in Houma, Louisiana. Foreign companies are investing in U.S. offshore wind as they look to expand their global footprints at a time when industry analysts say U.S. development is poised for major growth. Mississippi Sound. The ideal entry-level account for individual users. As a candidate, Biden famously promised "no more drilling on federal lands, no more drilling, including offshore. Companies have slashed deepwater exploration budgets primarily in response to recent oil busts and the pandemic, which squeezed revenues. Well Permits Statistics. Copyright 2023. The Biden administrations 30-gigawatt goal relies largely on using platforms anchored to the sea bottom, with power transported to shore and distributed locally from there. There have been scores of . The utilization rate was 83.3 . It will also help secure our nations energy independence while reducing costs for consumers, said Josh Kaplowitz, American Clean Powers (ACPs) Vice President for Offshore Wind, in a statement provided to POWER. That means its unclear when orif offshore producers will be able to secure new Gulf leases. Please enable JavaScript to use this feature. You have JavaScript disabled. Several projects already are being developed along the East Coast, home to the nations first-ever wind power development, the Block Island project off the coast of Rhode Island. Are you interested in testing our business solutions? New Orleans, LA 70130 We use cookies on our website to give you the most relevant experience. NOTICE - Check time and date of forecasts. Its part of the administrations broader goal of reducing U.S. carbon emissions by at least 50% by the end of the decade. The Gulf of Mexico is an angling mecca if ever there was one. The waters in the Gulf are shallow enough for traditional technology that secures wind turbines to the ocean floor. This PDF is the current document as it appeared on Public Inspection on 02/23/2023 at 8:45 am. These cookies do not store any personal information. You need at least a Starter Account to use this feature. The White House Washington, D.C. 20240 API argues that the oil and gas industry needs time in advance to scout sites and search for energy reserves in the Gulf and elsewhere, that Bidens slowdown in offshore lease sales for oil and gas is creating massive uncertainty in the industry and potential energy supply problems down the road. Those shortcomings have pushed investment in battery storage. Americas clean energy transition is happening right here and now. Regional Sediment Management Update - Elizabeth Godsey, United States Army Corps of Engineers. ", FOSSIL FUEL PROFITS ARE VITAL FOR GREEN ENERGY PROJECTS DEMS ROUTINELY TOUT, But while offshore oil and gas leases have sputtered under Biden, his administration is hoping to make up the difference with its latest offshore wind sale. Visit a quote page and your recently viewed tickers will be displayed here. As soon as this statistic is updated, you will immediately be notified via e-mail. Okaloosa-Walton County Line to Mexico Beach 20 to 60 NM out. this website. Wind speeds in the Gulf of Mexico are not as strong as along the California coast or the Northeast coast of the U.S. Just one mile per hour or meter per second difference in the speed of the wind makes a big difference in the power generated by a wind turbine. With strong, consistent winds in the Gulf, offshore wind will help reduce pollution and strengthen our electric grid. These actions, and lease sales last year in the Pacific, expand the map for offshore wind in America and support the presidents goal of deploying 30 gigawatts (GW) of offshore wind by 2030, groups backing wind power said in a release. By visiting this website, certain cookies have already been set, which you may delete and block. 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. Approximately 10 miles offshore and 30 feet underwater, giant cement blocks will help scientists better understand what's happening in the water. By visiting this website, certain cookies have already been set, which you may delete and block. Statista. Long-term state offshore wind targets increased 79% last year. Government studies have shown that the Gulf of Mexicos shallow waters, and its proximity to oil and gas infrastructure, make it a promising area for offshore wind development. Additionally it announced plans in the fall to develop floating platforms in the deep ocean for wind towers that could vastly expand offshore wind in the United States, with up to 15 gigawatts of electricity from floating sites by 2035 to power 5 million homes. High resolution CoastWatch imagery. Today, the Biden-Harris Administration is announcing its latest steps to expand offshore wind jobs and local economic development across the country. View accurate Gulf of Mexico wind, swell and tide forecasts for any GPS point. These are particularly necessary further off Californias coast where the Pacific floor drops off considerably and platforms cant be anchored. Radiofax Hardware . If you do a greenfield investment, youre exposing yourself to potentially 10 years of volatility, said Colin White, an offshore analyst with Rystad. The Gulf continues to be the nation's primary offshore source of oil and gas, generating about 97% of all U.S. OCS oil and gas production. Onceall six platforms are online, they couldproduceup to560,000 barrels a day. "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. Learn more about how Statista can support your business. CHEMO II: Stability and Change in Gulf of Mexico Chemosynthetic Communities. Bldg. The Gulf of Mexico announcement comes on the heels of the 2023 U.S. Offshore Wind Market Report, produced by the Business Network for Offshore Wind. 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, Biden Considers 1st Offshore Wind Auction in Gulf of Mexico, 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. Observations. 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. Wed,02/22/23-2:05PM, 313 Reads. The Biden-Harris administration has set a target of 30 gigawatts of offshore wind energy capacity by 2030. But its reinvented itself more times than people thought.. Strong to gale force S winds are occurring E of the front over the eastern and central Gulf. That statistic shows how effectively the Biden administration has been at keeping Bidens promise to dramatically shut down new oil and gas drilling. 1849 C Street, NW Receive updates on BOEM Marine Minerals Program (MMP) and Sand Management Working Group (SMWG) efforts. See the Marine Forecasts webpage which contains information on the dissemination of NWS marine weather forecasts including frequency and broadcast schedule information as well as links to products and related information. + -. Outer Continental Shelf, Gulf of Mexico Region, Oil and Gas Production Forecast: 2018-2027; Biostratigraphic Chart of the Gulf of Mexico Offshore Regions, Jurassic to Quaternary The fossil-fuel industry has both fought against the spread of wind power and has placed selective investments in the technology. Radiofax Charts ", IHS Markit, Monthly number of offshore oil and gas rigs in the U.S. Gulf of Mexico from May 2021 to February 2023, by contract type Statista, https://www.statista.com/statistics/918575/gulf-of-mexico-offshore-oil-rig-count-by-contract-type/ (last visited March 04, 2023), Monthly number of offshore oil and gas rigs in the U.S. Gulf of Mexico from May 2021 to February 2023, by contract type [Graph], IHS Markit, February 17, 2023. Office of Public Affairs Ocean Model Current Areas. Josh Kaplowitz, vice president for offshore wind at the industry group American Clean Power, said the proposed sale will continue the legacy of energy production in the Gulf of Mexico, providing Americans with an affordable clean energy supply. We also use third-party cookies that help us analyze and understand how you use this website. National Offshore Sand Inventory (NOSI) Update and Projects Supported by NOSI - Ashley Long, BOEM. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Monthly number of offshore oil and gas rigs in the U.S. Gulf of Mexico from May 2021 to February 2023, by contract type [Graph]. BIZ Magazine. Interior is "considering lease stipulations to ensure that communities, particularly underserved communities, are considered and engaged with early and often throughout the offshore wind energy development process, that potential impacts and benefits from lessees projects are documented, and lessees project proposals are informed by or altered to address those impacts and benefits. By 2035, the administration aims to deploy a further 15 gigawatts of wind power through floating turbines. This material may not be published, broadcast, rewritten or redistributed. The plan would mainly limit drilling to the Gulf of Mexico, with one proposed lease sale in waters off Alaska. 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). Updated on: December 29, 2022 / 10:02 PM / CBS/AP. 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 . this website, certain cookies have already been set, which you may delete and Gulf of Mexico Offshore Sand Management Working Group The AP is solely responsible for all content. All NOAA, Marine, Tropical and Tsunami Services Branch, Offshore waters forecast for the Gulf of Mexico including all zones and synopsis Interior said it has already held three offshore wind lease auctions, including one off the coast of New York and another on the Pacific coast in California. A lease sale for the New York Bight region off the East Coast, held in February of last year, pulled in $4.37 billion. Leaflet. Interior said it will decide whether to proceed after the public comment period in late April. Across the Atlantic, Shell has made a massive discoveryoffshore Namibia. Todays announcement comes after years of engagement with Tribes, other government agencies, ocean users and stakeholders, and this proposed sale notice provides another opportunity for them to weigh in on potential offshore wind leasing in the Gulf of Mexico, said Klein.
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