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. Offshore waters forecasts are subdivided by zone, each identified by text description and a Universal Generic Code (UGC). Those against wind say the turbines can be noisy and unappealing aesthetically, and can sometimes adversely impact the physical environment around them. That report, made public this week, said that . The Proposed Sale Notice (PSN)includes. Instead of launching megaprojects to explore in ever deeper waters farther from shore, producers are increasingly shifting to smaller designs and subsea tiebacks, which connect new oil and gas production to existing networks of platforms and pipelines. 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. NOTICE - Check time and date of forecasts. Just in the first few weeks of 2023, the Biden-Harris Administration has already taken several new steps to continue historic progress on offshore wind development, with key highlights including: We'll be in touch with the latest information on how President Biden and his administration are working for the American people, as well as ways you can get involved and help our country build back better. You can only download this statistic as a Premium user. How would you describe staffing levels at your firm currently? These forecasts are prepared by the Ocean Prediction Center, National Hurricane Center, Honolulu Forecast Office, Juneau Forecast Office, Anchorage Forecast Office, and Fairbanks Forecast Office. Coastal Warning Display Program By harnessing our abundance of renewable natural resources, these projects will unleash economic growth here at home andcreategood paying jobs. And late last year, the Biden administration allowed the federal governments five-year plan for offshore oil and gas leasing to expire for the first time in history, a lapse that will make new offshore leases difficult until a new plan is in place. Foundation, Weather For Boaters - BoatU.S. 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. Because the Gulf of Mexico already has so much infrastructure in place, operators are shifting to an infrastructure-led exploration strategy.. The Gulf of Mexico loop current brings warm Caribbean water northward between the Yucatan Peninsula and Cuba and into the Gulf. In December, the first auction for leases off the Pacific coast fetched more than $757 million. Offshore Wind Leaps Forward in 2022, But Some Headwinds Persist Floating turbines enable wind farm deployments in deeper water. The first sites will be off the coasts of Texas and Louisiana. help you have the best experience while on the site. Get full access to all features within our Business Solutions. Oil Spill in the Gulf of Mexico: What We Know These cookies do not store any personal information. The U.S. Coast Guard spent hours Thursday searching the waters off Louisiana for four people on board a helicopter that crashed while departing . These cookies will be stored in your browser only with your consent. Camille Manning-Broome on LinkedIn: Gulf of Mexico Activities Texas has more wind turbines than any other state. Oil spills, though, remain a big risk. These areas have the potential to generate enough clean energy to power almost 1.3 million homes. With strong, consistent winds in the Gulf, offshore wind will help reduce pollution and strengthen our electric grid. Article. Coastal/Great Lakes Forecasts, Radiofax Charts Well Permits Statistics. The Gulf of Mexico announcement follows earlier Biden team news on lease sales off the East and West coasts of the U.S. The strike involves Unites ByKari Lundgren and Christian Wienberg (Bloomberg) Norways Equinor ASA agreed to buy Suncor Energy UK Ltd. for $850 million, adding to its oil and gas production in the North Get the latest gCaptain articles and breaking news, For general inquiries and to contact us, please email: [emailprotected], To submit a story idea or contact our editors, please email: [emailprotected]. 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. Multiplied over a field of turbines, these siting decisions mean real differences in the profitability of a project. The FPS can be used in a range of water depths from 600 to 7,500 feet. Please Contact Us. Access to this and all other statistics on 80,000 topics from, Show sources information Outer Continental Shelf, according to BOEM. Weve got you covered! 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. via offshore rig. The White . Questions? View the Status of Exploration and Development Plans Subject to Enhanced Safety and Environmental Requirements in the Gulf of Mexico. March 1, 2023. Deepwater Development Systems in the Gulf of Mexico Basic Options Offshore wind turbines in the Gulf of Mexico may create adverse impacts to that system. Whats our next move? February 22, 2023, 12:05 PM. Biden considers 1st offshore wind auction in Gulf of Mexico Visit our privacy 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. Wed,02/22/23-2:05PM, 313 Reads. Thu, 12/08/2022 - 8:0011:45 am CT, National and Gulf-wide Sand Inventory Initiatives and Cooperative Agreements, Networking Break (to include polling questions on opportunities for additional collaboration), Discussion Opportunities for Additional Collaboration, Office of Public Affairs Weather Charts, Dissemination 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). The waters in the Gulf are shallow enough for traditional technology that secures wind turbines to the ocean floor. Claims about offshore wind farms killing whales are unsubstantiated Biden Administration Announces First Offshore Wind Lease Sales for Gulf The area offshore Lake Charles could be modified and possibly shrunk based on the comments received, and BOEM may decide to offer only one of two lease areas proposed off Galveston. Biden proposes first offshore wind lease sale in Gulf of Mexico 1849 C Street, NW 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. Approximately 10 miles offshore and 30 feet underwater, giant cement blocks will help scientists better understand what's happening in the water. Companies have slashed deepwater exploration budgets primarily in response to recent oil busts and the pandemic, which squeezed revenues. In addition to executive actions, the Administration is also working to swiftly implement provisions of President Bidens Inflation Reduction Act and Bipartisan Infrastructure Law that will further accelerate offshore wind, including clean energy tax credits to support manufacturing and deployment, as well as investments in transmission and port infrastructure.Building on Recent Administration Actions. 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. 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. New safeguards to protect offshore personnel and the environment took effect October of 2010. . This website requires certain cookies to work and uses other cookies to help you have the best experience. NOAA Fisheries Update: Court of Appeals Decision on the Gulf of Mexico Outer Continental Shelf, Gulf of Mexico Region, Oil and Gas Production Forecast: 2022-2031; OCS Report BOEM 2017-082 - U.S. Marketed contracted reflects all marketed rigs that have a contract in place. (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 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 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. (Mouseover and click the desired area to view the valid Global Ocean Model Currents 0-72 hour forecast data) In addition, California and Louisiana are joining Atlantic Coast governors and the Biden administration in the Federal-State Offshore Wind Implementation Partnership, it was announced. Best States is an interactive platform developed by U.S. News for ranking the 50 U.S. states, alongside news analysis and daily reporting. Official NWS dissemination systems which can provide timely delivery of data and products are listed in ourDISCLAIMER. Gulf of Mexico - Atlantic Oceanographic and Meteorological Laboratory Learn more about how Statista can support your business. block. Offshore revenue sharing considered by US House committee | Local 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. Are you interested in testing our business solutions? Among the top 10 states with the most wind turbines, Texas ranks the highest with over 10,000 more turbines than second-ranked Iowa. All Rights Reserved BNP Media. Gulf of California: Gulf of Mexico: Hawaii: North Atlantic: North America: South Atlantic: US Atlantic: US Pacific: Washington/Oregon Coast: Regularly Updated Sea Surface Temperature (SST) Imagery: SST contour charts. Significant Sediment Resource Area Update - Jessica . The proposed lease areas total nearly 302,000 acres. ", 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. 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 . The Biden administration has a goal of building at least 30 GW of offshore wind power generation capacity by 2030. Profit from the additional features of your individual account. Growth was primarily driven by lease auction fees, though more than $4.4 billion was directed to port infrastructure, supply chain development, and transmission. National Offshore Sand Inventory (NOSI) Update and Projects Supported by NOSI - Ashley Long, BOEM. Maritime sector welcomes Biden wind leasing as new energy era in the The environmental group Clean Ocean Action has joined . The announcement comes as the number of offshore oil and gas leases granted under the Biden administration have shrunk to historic lows. However, currently announced completion dates suggest the industry will fall short of installing 30 GW of offshore wind by 2030. About 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. 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. By clicking Accept, you consent to the use of ALL the cookies. The comment period for the first proposed offshore wind sale in the Gulf of Mexico is now open! Onceall six platforms are online, they couldproduceup to560,000 barrels a day. 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. Not a subscriber or a registered user yet? But even with oil at $100 a barrel, a big comeback is unlikely. Gulf of Mexico Fishing: The Complete Guide - FishingBooker Blog February 22, 2023 at 11:14 p.m. EST. US Dept of Commerce Tags: Associated Press, business, wind power, Alabama, Louisiana, Texas, Mississippi. The loop current is one of the fastest currents in . The White House Copyright 2023. The first sites will be off the coasts of Texas and Louisiana. News & Technology for the Global Energy Industry. The Evergreen State takes the top spot again in the U.S. News Best States ranking on the strength of its tech sector and other industries. The Interior Department's five-year offshore leasing plan is required by law. U.S. sets out Gulf of Mexico offshore wind lease areas; EU carbon 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). National Weather Service. Could 2023 be the year offshore wind energy takes off in the US? Kimberly's Reef is Florida Gulf Coast University's . Observations. View accurate Gulf of Mexico wind, swell and tide forecasts for any GPS point.