Article. 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 . Contacts Accessed March 04, 2023. https://www.statista.com/statistics/918575/gulf-of-mexico-offshore-oil-rig-count-by-contract-type/, IHS Markit. But dont count on the new productionto close the oil-supply gap that hasplaguedthe worlds economies since the pandemic. Those against wind say the turbines can be noisy and unappealing aesthetically, and can sometimes adversely impact the physical environment around them. Updated Monthly Data last updated on 3/1/2023 11:00 AM (CST) Permit Type. Bldg. 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.. Published by Jessica Aizarani , Feb 28, 2023. February 22, 2023 at 11:14 p.m. EST. Washington, D.C. 20240 National Data Buoy Center 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 . 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. 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. If you are an admin, please authenticate by logging in again. {"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. Environmentalists condemn Biden administration's offshore drilling plan Approximately 10 miles offshore and 30 feet underwater, giant cement blocks will help scientists better understand what's happening in the water. Meanwhile, in February 2022, a lease sale in the New York Bight pulled in an unprecedented $4.37 billion. this website, certain cookies have already been set, which you may delete and 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.". Copyright 2023 TheAssociated Press. 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 Gulf is the nations primary offshore source of oil and gas, generating about 97% of all oil and gas production on the U.S. 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.. National Weather Service. 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. Worriesthat todayshigh prices wont last makeinvesting in expensive, time-consuming offshore projects a hard sell. This website uses cookies to improve your experience while you navigate through the website. Official NWS dissemination systems which can provide timely delivery of data and products are listed in ourDISCLAIMER. block. A paid subscription is required for full access. The number of new offshore discoveries worldwide has fallen to a 75-year low after oil companies slashed their budgets for deepwater exploration. 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. Gulf of Mexico Loop Current | NOAA CoastWatch After a decade that saw one of the worst oil spills in U.S. history, shales ascendance and mounting climate-change concerns, some experts believethat the sun may be setting onthe Gulf. Weve got you covered! The waters in the Gulf are shallow enough for traditional technology that secures wind turbines to the ocean floor. Oil Companies Are Ordered to Help Cover $7.2 Billion Cleanup Bill in February 17, 2023. NG00, The move comes as we're due to spring forward March 12. OCS Report BOEM 2022-022- U.S. 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. On the Clock: Gulf of Mexico Enters the Offshore Wind Development Race George Bush Intercontinental Airport, IAH About 93 mi NNE of Gulf; William P. Hobby Airport, HOU About 74 mi NNE of Gulf; Austin-Bergstrom International Airport, AUS 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.. 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. The proposed lease areas total nearly 302,000 acres. Flower Garden Banks National Marine Sanctuary Weather Buoys In, IHS Markit. 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. Also out this week, the 2023 U.S. Offshore Wind Market Report found state demand for offshore wind nearly doubled in 2022. Growth was primarily driven by lease auction fees, though more than $4.4 billion was directed to port infrastructure, supply chain development, and transmission. Discuss outcomes of recent sand inventory efforts. I've been on the Biden considers 1st offshore wind auction in Gulf of Mexico These cookies do not store any personal information. Gulf of Mexico Marine Weather & Wind Forecast - Buoyweather Claims about offshore wind farms killing whales are unsubstantiated 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 [Online]. The Biden administration on Feb. 22 announced the first-ever lease sale for offshore wind power development in the Gulf of Mexico. Share information on Gulf-wide multi-use initiatives and lay the foundation for continued interstate coordination. 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]. Across the Atlantic, Shell has made a massive discoveryoffshore Namibia. anglers between the age of 16-65 require a valid fishing license to cast a line in the Gulf. 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. Biden Administration Announces First Offshore Wind Lease Sales for Gulf Copyright 2023. The National Ocean Industries Association (NOIA), a trade group for offshore energy businesses, said offshore wind would complement the Gulfs existing energy industry. Offshore wind contracts increased 36% last year, the majority of which went to U.S. firms, according to the report. 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.. 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). We also use third-party cookies that help us analyze and understand how you use this website. 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. It is the longest-running oil spill in U.S. history. Please enable JavaScript to use this feature. 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. Phone: 202-208-6474BOEM Public Affairs. 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. Whats our next move? BP has said its existing Gulf of Mexico fields can break even with crude prices in the low-$30s, making it some of the lowest-cost oil in the world to produce. The timing for these new Gulf projects couldnt be better. BOEM will further coordinate with DoD and the lessee to deconflict potential impacts throughout the project . However, currently announced completion dates suggest the industry will fall short of installing 30 GW of offshore wind by 2030. 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. Significant Sediment Resource Area Update - Jessica . 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 . This proposed lease sale will continue the legacy of energy production in the Gulf of Mexico, providing Americans with an affordable clean energy supply. 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. 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. That means its unclear when orif offshore producers will be able to secure new Gulf leases. The best states in the U.S. come from coast to coast. But its reinvented itself more times than people thought.. Biden administration announces first-ever wind energy lease sale in Water Depth . "At the Department, we are taking action to jumpstart our offshore wind industry and harness American innovation to deliver reliable, affordable power to homes and businesses.". National Offshore Sand Inventory (NOSI) Update and Projects Supported by NOSI - Ashley Long, BOEM. The Bureau of Ocean Energy Management plans to open a 60-day public comment period on Friday. If leases remain suspended, Gulf production could be halved by 2040, according to the National Ocean Industries Association, which represents the offshore oil and wind industries. this website. 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. 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 . 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. Offshore Wind Leaps Forward in 2022, But Some Headwinds Persist 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. All NOAA, Marine, Tropical and Tsunami Services Branch, Offshore waters forecast for the Gulf of Mexico including all zones and synopsis The administration also has said it wants to deploy another 15 GW of offshore wind power from floating turbines by 2035. 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 . Publications. + -. You only have access to basic statistics. Companies have slashed deepwater exploration budgets primarily in response to recent oil busts and the pandemic, which squeezed revenues. We use cookies on our website to give you the most relevant experience. Claims about offshore wind farms killing whales are unsubstantiated In December, the first auction for leases off the Pacific coast fetched more than $757 million. The Gulf of Mexico loop current brings warm Caribbean water northward between the Yucatan Peninsula and Cuba and into the Gulf. February 22, 2023, 12:05 PM. The announcement comes as the number of offshore oil and gas leases granted under the Biden administration have shrunk to historic lows. Elizabeth Klein, director of the BOEM, in a statement said her group is committed to ensuring any offshore wind activities are done in a manner that avoids or minimizes potential impacts to the ocean and ocean users. The Proposed Sale Notice issued Wednesday initiates a 60-day public comment period for the lease sale. and cookie policy to learn more about the cookies we use and how we use your US Govt proposes first-ever offshore wind lease sale in Gulf of Mexico Join the 89,052 members that receive our newsletter. Statista. . BOEM to Hold Gulf of Mexico Oil, Gas Lease Sale in March. ENR NATURAL DISASTERS PREP & RECOVERY SPOTLIGHT. The first auction for leases off the Pacific Coast, held in December of last year, brought in more than $757 million. 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 Gulf of Mexico | Where we operate | Home - United States Register in seconds and access exclusive features. Other Marine Forecasts from the NWS. Use Ask Statista Research Service. Customize forecasts for any offshore location and save them for future use. Gulf of Mexico offshore rigs by contract type 2023 | Statista Proposed Sale Notice for Commercial Leasing for Wind - Federal Register Condensed Version for radio broadcast, Offshore Waters for the Tropical Atlantic and Caribbean, Offshore waters forecast synopsis for the Gulf of Mexico. 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. Then you can access your favorite statistics via the star in the header. I think it has a future, but its not as bright as it once was, said James West, an analyst at Evercore ISI. Recent Updates Rachel Koning Beals is a MarketWatch news editor in Chicago. Not a subscriber or a registered user yet? 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. 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. If you do not agree to the use of cookies, you should not navigate The proposed sale, which could take place as soon as this summer . Gulf of Mexico News | Rigzone 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. The U.S. has trailed Europe and other areas in the development of offshore wind; a major project off the Iberian Peninsula was announced earlier this week. There are several different types of buoys in the northwestern Gulf of Mexico that can provide information about on-site conditions near the sanctuary. 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. Enter your email and get some awesome stuff every week. 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. Today, the Biden-Harris Administration is announcing its latest steps to expand offshore wind jobs and local economic development across the country. Fox News' Sean Hannity recently accused wind turbines of "contributing to the deaths of whales and bird life," and Rep. Marjorie Taylor Greene, R-Ga., claimed dead whales "keep washing up on the beach from wind farms." The mayors of 12 towns along the Jersey Shore signed a letter calling for a pause in offshore wind development. 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. Tags: Associated Press, business, wind power, Alabama, Louisiana, Texas, Mississippi. The Gulf of Mexico has long experience in the offshore energy industry and that will benefit projects in the new lease areas, Framme added. The industrys poor financial performance in recent years, as well as investor pressure due to environmental concerns, have hampered itsability to tapWall Streetto financeoffshore projects. Status of Gulf of Mexico Well Permits | Bureau of Safety and By closing this message or continuing to use our site, you agree to the use of cookies. Gulf of Mexico Offshore Sand Management Working Group The NCEP Global Real-Time Ocean Forecast System (Global RTOFS) data is based on the U.S. Navy implementation of Global HYCOM. current time in gulf of mexico offshore.
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