The National Ocean Industries Association, which represents both traditional oil and gas offshore energy companies and wind power, said that offshore wind, along with regular and predictable offshore oil and gas leasing, can help the Gulf of Mexico expand its remarkable and irreplaceable energy portfolio.. As a candidate, Biden famously promised "no more drilling on federal lands, no more drilling, including offshore. The proposed lease areas total nearly 302,000 acres. Similar webpages for Coastal/Great Lakes Forecasts by Zone and High Seas Marine Forecasts are also available. 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. Interior Secretary Deb Haaland, who announced the proposed sale Wednesday, said there is no time to waste in making bold investments to address the climate crisis. Building a strong domestic offshore wind industry is key to meeting that challenge head on, she said. I encourage you to click the link and learn about this Proposed Sale Notice. 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. Airports. 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 . Recent Updates The energy, jobs and investment opportunities from Gulf of Mexico offshore wind will be additive to the incredible benefits the offshore oil and gas sector provides our nation, NOIA President Erik Milito said in a statement. 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. There have been scores of . They will join Murphy Oil Corp.sKing Quay, a behemoth that started producing oil in April, also off the Louisiana coast. Offshore wind contracts increased 36% last year, the majority of which went to U.S. firms, according to the report. The Business Network has identified $17 billion in new investments driven by offshore wind activity in the United States since 2014. 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. High resolution CoastWatch imagery. It said the Gulf of Mexico lease sale will auction three sites off the coast of Galveston, Texas, and Lake Charles, Louisiana. Listen to article. 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. The move is part of a wider administration goal of offshore wind installations up and down America . Condensed Version for radio broadcast, Offshore Waters for the Tropical Atlantic and Caribbean, Offshore waters forecast synopsis for the Gulf of Mexico. Feedback Associated Press climate and environmental coverage receives support from several private foundations. 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. 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. See more about APs climate initiative here. Reading Time: 11 minutes. (2 minutes) Some of the world's largest oil companies have been ordered to pay part of a $7.2 billion tab to retire hundreds of aging wells in the Gulf of Mexico that . 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). Foundation, Weather For Boaters - BoatU.S. You also have the option to opt-out of these cookies. There is no time to waste in making bold investments to address the climate crisis, and building a strong domestic offshore wind industry is key to meeting that challenge head on.. Please Contact Us. BOEM recently announced (on July 20, 2022) the first two draft wind-energy areas (WEAs) off the coasts of . 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. It is the longest-running oil spill in U.S. history. A bloom of the toxic algae known as red tide continues on the Southwest Florida coast this week as spring break season gets underway on area beaches. These funds are distributed to the U.S. Treasury and several different programs through various revenue sharing laws. At the Department, we are taking action to jump-start our offshore wind industry and harness American innovation to deliver reliable, affordable power to homes and businesses, Interior Secretary Deb Haaland said in a statement. BOEM will further coordinate with DoD and the lessee to deconflict potential impacts throughout the project . When I worked in the Gulf of Mexico in the 90s, they were calling it the Dead Sea then, right before deepwater took off, said Bob Fryklund, vice president of upstream energy for S&P Global. The U.S. Energy Information Administration expects Gulf output to remain flat through2023, while S&P Global Commodity Insightsprojectsproduction mayrecover to the pre-pandemic recordby the end of the year. 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. National Oceanic and Atmospheric Administration. From building ships big 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.. Please create an employee account to be able to mark statistics as favorites. How do you expect the Infrastructure Investment and Jobs Act to impact your firms backlog in the next 2-3 years? 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 . Chart. The announcement comes as the number of offshore oil and gas leases granted under the Biden administration have shrunk to historic lows. Email: [emailprotected] Phone: +1.805.704.2536. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. These cookies do not store any personal information. The fossil-fuel industry has both fought against the spread of wind power and has placed selective investments in the technology. President of the United States since 2021. "Monthly Number of Offshore Oil and Gas Rigs in The U.S. Gulf of Mexico from May 2021 to February 2023, by Contract Type. Approximately 10 miles offshore and 30 feet underwater, giant cement blocks will help scientists better understand what's happening in the water. The proposed sale, which could take place as soon as this summer . The current administration remains keen to encourage offshore wind deployment beyond the East Coast of the US. 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). High Seas Forecasts Texas has more wind turbines than any other state. Timely delivery of data and products through the Internet is not guaranteed. Worriesthat todayshigh prices wont last makeinvesting in expensive, time-consuming offshore projects a hard sell. This PDF is the current document as it appeared on Public Inspection on 02/23/2023 at 8:45 am. Access to this and all other statistics on 80,000 topics from, Show sources information Enter your email and get some awesome stuff every week. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. 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. The Interior Department will open over 300,000 acres in the Gulf, long dominated by fossil-fuel drilling CL00, +1.41% via offshore rig. The comment period for the first proposed offshore wind sale in the Gulf of Mexico is now open! 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. This website requires certain cookies to work and uses other cookies to The US administration has proposed the first-ever offshore wind lease sale in the Gulf of Mexico. The National Ocean Industries Association (NOIA), a trade group for offshore energy businesses, said offshore wind would complement the Gulfs existing energy industry. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. BP and Shell remain committed to the regioneven as theyshift investment away fromoil and gas to meetnet-zero ambitions. 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. 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 White . By 2035, the administration aims to deploy a further 15 gigawatts of wind power through floating turbines. Someoffshore giants are increasingly setting their sights on waters beyond the Gulf of Mexico. By visiting this website, certain cookies have already been set, which you may delete and block. 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 . Links Also out this week, the 2023 U.S. Offshore Wind Market Report found state demand for offshore wind nearly doubled in 2022. Stay informed daily on the latest news and advice on COVID-19 from the editors at U.S. News & World Report. OCS activities generate substantial revenues from lease sales, royalties on production, and rental fees. Lawmakers launch a fresh push for a bill that would make us stick with daylight-saving time all year. The department said several environmental and "equity" considerations will be considered by Interior as it considers lease proposals. If you do not agree to the use of cookies, you should not navigate Since Jan. 1, what is the overall trend in your region for construction materials prices (year over year)? 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. Offshore projects cost billions and rarely come online in less than a decade. With average wind speeds, maximum water depth of 1000 m . Itsdeep trove of reservoirs is responsible forabout 14%of the U.S.scrude production, second only to the countrys prolific shale fields. News & Technology for the Global Energy Industry. 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. 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. Radiofax Hardware ", 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. Not a subscriber or a registered user yet? 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. These actions, which include proposing the first-ever Gulf of Mexico offshore wind lease sale, are advancing President Bidens clean energy and economic agenda to revitalize American manufacturing and harness American innovation to deliver reliable, affordable power to homes and businesses, while saving families money and strengthening energy security.Todays actionsalongside investments from President Bidens Inflation Reduction Act and Bipartisan Infrastructure Lawwill spur offshore wind deployment beyond the East Coast, boost American leadership on floating offshore wind technologies, and create good-paying jobs for workers throughout the nation, by: President Biden has taken decisive action to jumpstart the American offshore wind industry, ushering in billions of dollars in investments since he took officeincluding $9.8 billion in new investments in 2022 alone, more than triple the previous year. 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. A Mariner's Guide to Marine Weather Services. Because the Gulf of Mexico already has so much infrastructure in place, operators are shifting to an infrastructure-led exploration strategy.. Get Mexico City's weather and area codes, time zone and DST. Offshore revenue sharing considered by U.S. House committee. US Dept of Commerce 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. 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. The result will be industry-wide innovations making offshore wind development more efficient and less expensive while maintaining strong safety and environmental protections and leading to substantial export opportunities for American businesses. 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! Since the first offshore rig was built off the coast of Louisiana in 1938, the Gulf of Mexico has beena reliable source of domestic oil. NG00, NOTICE - Check time and date of forecasts. 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 . Companies have slashed deepwater exploration budgets primarily in response to recent oil busts and the pandemic, which squeezed revenues.