The Interior Department will open over 300,000 acres in the Gulf, long dominated by fossil-fuel drilling This material may not be published, broadcast, rewritten or redistributed. But as sure as the annual "Lenten Winds," offshore wind in the Gulf of Mexico (GOM) and the West Coast is coming, with the first GOM lease sale (from among 11 BOEM-designated wind lease areas [11]) tentatively scheduled for early 2023. Leading oil demanding sectors in the OECD 2020. 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. The Dept. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Best States is an interactive platform developed by U.S. News for ranking the 50 U.S. states, alongside news analysis and daily reporting. February 17, 2023. 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 . A 2020 study conducted by NREL quantified the Gulf's gross offshore wind resource capacity at 1.87 terawatts (TW). 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). 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. 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. The largest portion goes to the General Fund of the U.S. Treasury, which benefits all U.S. citizens through funding of daily operations of the Federal Government. 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. This proposed lease sale will continue the legacy of energy production in the Gulf of Mexico, providing Americans with an affordable clean energy supply. 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. The Shell Perdido offshore production platform in the Gulf of Mexico. 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. 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 . Other big factors for deciding where to build include how much port and transmission infrastructure there is, and whether the seafloor allows for drilling, Shen said. Learn more about how Statista can support your business. Okaloosa-Walton County Line to Mexico Beach 20 to 60 NM out. The current administration remains keen to encourage offshore wind deployment beyond the East Coast of the US. BP and Shell remain committed to the regioneven as theyshift investment away fromoil and gas to meetnet-zero ambitions. 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.. Use Ask Statista Research Service. These stationary batteries use chemical interactions to safely store electricity from the renewable energy source so that it can be made available at a later time. statistic alerts) please log in with your personal account. Last year, Shell said its global oil production had peaked in 2019 while BP in 2020 said it would cutoil and gas production worldwide40% by 2030. +8.80% 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. View the Status of Exploration and Development Plans Subject to Enhanced Safety and Environmental Requirements in the Gulf of Mexico. Well Permits Statistics. WASHINGTON - The latest in a long series of Louisiana efforts . Even with the new platforms coming online, Gulf oil production wontgrow substantiallyin the coming years as maturefields decline, according to analysts. BIDEN ADMIN WEIGHS COMPLETE BLOCK ON OFFSHORE OIL DRILLING AS GAS PRICES KEEP RISING. Gulf producers extracted 1.7 million barrels of oil per day in January, still shy of the pre-pandemic record of 2 million barrels a day. The move comes as we're due to spring forward March 12. Safety The total supply of offshore oil and gas rigs in the U.S. Gulf of Mexico was 45 in the week of February 17, 2023. The Gulf of Mexico . Frombuilding shipsbig enough to transport wind turbine blades to boasting a workforce experienced in working offshore, Texas is well-positioned to be a leader in the offshore wind industry.. 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. Visit our privacy 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. 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. OCS activities generate substantial revenues from lease sales, royalties on production, and rental fees. Also out this week, the 2023 U.S. Offshore Wind Market Report found state demand for offshore wind nearly doubled in 2022. OCS Report BOEM 2022-022- U.S. Coastal/Great Lakes Forecasts, Radiofax Charts The sale remains tentative. As a Premium user you get access to background information and details about the release of this statistic. That means its unclear when orif offshore producers will be able to secure new Gulf leases. In December, the first auction for leases off the Pacific coast fetched more than $757 million. and there's a bounty of inshore, nearshore, and offshore fisheries to explore. ENR NATURAL DISASTERS PREP & RECOVERY SPOTLIGHT Since Jan. 1, what is the overall trend in your region for construction materials prices (year over year)? Approximately 10 miles offshore and 30 feet underwater, giant cement blocks will help scientists better understand what's happening in the water. 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. 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 U.S. Coast Guard spent hours Thursday searching the waters off Louisiana for four people on board a helicopter that crashed while departing . 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 . By visiting Necessary cookies are absolutely essential for the website to function properly. (AP Photo/David Goldman, File), Global Race to Boost Electric Vehicle Range in Cold Weather, Reports: 3 Children Dead, 2 Wounded in Attack at Texas Home, Paid Express Lanes Grow More Popular in Once-Reluctant South. 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 . Subsea System (SS) ranges from single subsea wells producing to a nearby platform, FPS, or TLP to multiple wells producing through a manifold and pipeline system to a distant production facility. 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 . Exxon Mobil Corp. and Hess Corp. have made significant discoveries in Guyana while TotalEnergies SE and APA Corp. are ramping up development in neighboring Suriname. 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. View all Special Ad Sections However, currently announced completion dates suggest the industry will fall short of installing 30 GW of offshore wind by 2030. The NCEP Global Real-Time Ocean Forecast System (Global RTOFS) data is based on the U.S. Navy implementation of Global HYCOM. Show publisher information The Biden administration on Wednesday announced the first-ever US offshore wind energy lease sale for the waters in the Gulf of Mexico, an area long dominated by oil and gas production.. The plan would mainly limit drilling to the Gulf of Mexico, with one proposed lease sale in waters off Alaska. 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. +2.18% Share information on Gulf-wide multi-use initiatives and lay the foundation for continued interstate coordination. It was viewed 11 times while on Public Inspection. 1849 C Street, NW Worriesthat todayshigh prices wont last makeinvesting in expensive, time-consuming offshore projects a hard sell. The Gulf of Mexico is a semi-enclosed basin connected, to the south, to the Caribbean Sea, and to the North Atlantic Ocean to the east. The Biden administration set a goal of deploying 30 gigawatts of offshore wind by 2030 using traditional technology that secures wind turbines to the ocean floor, enough to power 10 million homes. IHS Markit. Whats our next move? "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. Offshore wind will be a great complement to Texass onshore renewable energy resources, said Luke Metzger, executive director Environment Texas, a state-specific office of Environment America. 1849 C Street, NW By closing this message or continuing to use our site, you agree to the use of cookies. All Rights Reserved BNP Media. Visit a quote page and your recently viewed tickers will be displayed here. Chart. Access to this and all other statistics on 80,000 topics from, Show sources information It said the Gulf of Mexico lease sale will auction three sites off the coast of Galveston, Texas, and Lake Charles, Louisiana. Texas has more wind turbines than any other state. 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. 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. Regional Sediment Management Update - Elizabeth Godsey, United States Army Corps of Engineers. The U.S.is still permitting new drilling and production on existing offshore leases, but it could be another year or more before producers get a crack at new federal acreage. Meanwhile, in February 2022, a lease sale in the New York Bight pulled in an unprecedented $4.37 billion. The Biden administration has a goal of building at least 30 GW of offshore wind power generation capacity by 2030. High resolution CoastWatch imagery. This website requires certain cookies to work and uses other cookies to help you have the best experience. Among the top 10 states with the most wind turbines, Texas ranks the highest with over 10,000 more turbines than second-ranked Iowa. GMZ001-040300- Synopsis for the Gulf of Mexico 950 AM EST Fri Mar 3 2023 .SYNOPSIS.A cold front extends from Vermilion Bay, LA to south of Tampico, Mexico near 21.5N98W. 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. National Oceanic and Atmospheric Administration Because the Gulf of Mexico already has so much infrastructure in place, operators are shifting to an infrastructure-led exploration strategy.. The Biden-Harris administration is on track to hit self-defined targets to lease seven new areas and perform 16 project environmental reviews. Weve got you covered! 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 timing for these new Gulf projects couldnt be better. 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. Written by on 27 febrero, 2023. View accurate Gulf of Mexico wind, swell and tide forecasts for any GPS point. This proposed lease sale will continue the legacy of energy production in the Gulf of Mexico, providing Americans with an affordable clean energy supply. It was welcome news for the offshore energy lobby and . Current local time in Mexico - Ciudad de Mxico - Mexico City. See here for details. NG00, Environment California State Director Laura Deehan in an statement to POWER said, California is poised to go big on offshore wind and todays announcement brings us closer to a future where we put our powerful coastal winds to work cutting pollution from homes, cars and industry and reaching our goal of 100% clean energy.. Outer Continental Shelf, Gulf of Mexico Region, Oil and Gas Production Forecast: 2022-2031; OCS Report BOEM 2017-082 - U.S. Monday . Other Marine Forecasts from the NWS. 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. Get full access to all features within our Business Solutions. New Orleans, LA 70130 In FY2021, revenues totaled $4.1 Billion from OCS oil and gas activities. March 1, 2023. United States, Date Water Depth . How would you describe staffing levels at your firm currently? -. All NOAA, Marine, Tropical and Tsunami Services Branch, Offshore waters forecast for the Gulf of Mexico including all zones and synopsis 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. It was first brought to public attention when contamination at the site was noticed in 2010 . Someoffshore giants are increasingly setting their sights on waters beyond the Gulf of Mexico. . They will join Murphy Oil Corp.sKing Quay, a behemoth that started producing oil in April, also off the Louisiana coast. Links February 22, 2023, 12:05 PM. These forecasts are also available via e-mail. Significant Sediment Resource Area Update - Jessica . 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. That report, made public this week, said that state demand for offshore wind almost doubled in 2022. Monday, February 27, 2023 The oil industry's biggest party is properly returning to London for the first time since the pandemic. Interior said it will decide whether to proceed after the public comment period in late April. The environmental group Clean Ocean Action has joined . (February 17, 2023). via offshore rig. Reading Time: 11 minutes. 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 Americas wind power resources, both onshore and offshore, have the technical potential to produce40 millionGWh of electricity each year, equivalent to 11 times the amount of electricity used across the U.S. in 2020, the advocacy group Environment America said. New safeguards to protect offshore personnel and the environment took effect October of 2010. . The announcement comes as the number of offshore oil and gas leases granted under the Biden administration have shrunk . 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. Marine Forecasts 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. USCG Broadcasts block. The White House, federal agencies, states, and other key stakeholders are coordinating to achieve the Presidents goals while advancing environmental justice, protecting biodiversity, supporting the creation of good-paying jobs, and promoting ocean co-use. Accessed March 04, 2023. https://www.statista.com/statistics/918575/gulf-of-mexico-offshore-oil-rig-count-by-contract-type/, IHS Markit. 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 . 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. Strong to gale force S winds are occurring E of the front over the eastern and central Gulf. Biden pushing wind power off New York and New Jersey in record lease offering. Were sitting in a situation where its been coming up on two years without the issuance of offshore leases, likely to be three or four, said Erik Milito, NOIAs president. There are several different types of buoys in the northwestern Gulf of Mexico that can provide information about on-site conditions near the sanctuary. You need at least a Starter Account to use this feature. Marketed contracted reflects all marketed rigs that have a contract in place. The BOEM has proposed lease sales in two designated wind energy areas, or WEAs, off Louisiana and Texas. 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. 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. With strong, consistent winds in the Gulf, offshore wind will help reduce pollution and strengthen our electric grid. The President has also set bold goals of deploying 30 gigawatts (GW) of offshore wind by 2030, as well as 15 GW specifically of floating offshore wind by 2035. (AP) 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. (Mouseover and click the desired area to view the valid Global Ocean Model Currents 0-72 hour forecast data) Onceall six platforms are online, they couldproduceup to560,000 barrels a day. Rachel Koning Beals is a MarketWatch news editor in Chicago. The offshore sector has beenbattered by back-to-back busts and a pandemic that forced mass layoffs and bankruptcies.