Article. WASHINGTON - The latest in a long series of Louisiana efforts . 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. Okaloosa-Walton County Line to Mexico Beach 20 to 60 NM out. OCS activities generate substantial revenues from lease sales, royalties on production, and rental fees. 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. The ideal entry-level account for individual users. 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]. You have JavaScript disabled. As soon as this statistic is updated, you will immediately be notified via e-mail. The Proposed Sale Notice (PSN)includes. Office of Public Affairs On April 5, 2022, changes to the Tropical Analysis and Forecast Branch (TAFB) offshore marine zones were made. 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. via offshore rig. Read: Biden pushing wind power off New York and New Jersey in record lease offering. The Interior Department will open over 300,000 acres in the Gulf, long dominated by fossil-fuel drilling By visiting [Online]. 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. You only have access to basic statistics. Copyright 2023 MarketWatch, Inc. All rights reserved. Im 66, we have more than $2 million, I just want to golf can I retire? 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. February 17, 2023. this website. There are several different types of buoys in the northwestern Gulf of Mexico that can provide information about on-site conditions near the sanctuary. Washington, D.C. 20240 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. As a candidate, Biden famously promised "no more drilling on federal lands, no more drilling, including offshore. To support its Gulf of Mexico business, bp maintains a logistics base in Port Fourchon, Louisiana, along with a heliport in Houma, Louisiana. New safeguards to protect offshore personnel and the environment took effect October of 2010. . Timely delivery of data and products through the Internet is not guaranteed. New Orleans, LA 70130 Approximately 10 miles offshore and 30 feet underwater, giant cement blocks will help scientists better understand what's happening in the water. The Business Network has identified $17 billion in new investments driven by offshore wind activity in the United States since 2014. ENR NATURAL DISASTERS PREP & RECOVERY SPOTLIGHT That report, made public this week, said that . The platform is designed to engage citizens and government leaders in a discussion about what needs improvement across the country. Necessary cookies are absolutely essential for the website to function properly. The Biden administration on Feb. 22 announced the first-ever lease sale for offshore wind power development in the Gulf of Mexico. Safety 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. Gulf of Mexico Oil Rigs: 1942-2005 (Animation) A chronology of oil and gas rig installations in the Gulf of Mexico, showing the increased number of rigs and the greater installation depths, ending by displaying the location of BP's Deepwater Horizon explosion. Other Marine Forecasts from the NWS. 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. 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. 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. 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 loop current is one of the fastest currents in . 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. The Gulf of Mexico loop current brings warm Caribbean water northward between the Yucatan Peninsula and Cuba and into the Gulf. 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. 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. 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. Recent Updates 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 . There have been scores of . Across the Atlantic, Shell has made a massive discoveryoffshore Namibia. are burned by 50% by 2030. (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. The White . Companies have slashed deepwater exploration budgets primarily in response to recent oil busts and the pandemic, which squeezed revenues. By closing this message or continuing to use our site, you agree to the use of cookies. Monday, February 27, 2023 The oil industry's biggest party is properly returning to London for the first time since the pandemic. Not a subscriber or a registered user yet? Youve got this tone and tenor that in many respects has had a chill on the investment community and on companies.. 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. But even with oil at $100 a barrel, a big comeback is unlikely. 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. Marine Forecasts The types of data collected by the buoys include current direction and speed, wind direction and speed, wave height and period, atmospheric pressure, air temperature and water temperature. This statistic is not included in your account. 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. The current administration remains keen to encourage offshore wind deployment beyond the East Coast of the US. If you're fishing with a local captain, however, this will be . Regulatory concernsalso loom large over the offshore sector, which relieson regular federal lease auctions to maintain output. 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. 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. By 2035, the administration aims to deploy a further 15 gigawatts of wind power through floating turbines. 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. Coastal/Great Lakes Forecasts, Radiofax Charts and cookie policy to learn more about the cookies we use and how we use your Are you interested in testing our business solutions? Significant Sediment Resource Area Update - Jessica . This is NOT a complete listing of National Weather Service marine forecast products. A lease sale for the New York Bight region off the East Coast, held in February of last year, pulled in $4.37 billion. The timing for these new Gulf projects couldnt be better. Access to this and all other statistics on 80,000 topics from, Show sources information statistic alerts) please log in with your personal account. 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.. This proposed lease sale will continue the legacy of energy production in the Gulf of Mexico, providing Americans with an affordable clean energy supply. Offshore seismic data firm TGS, in collaboration with oilfield services giant SLB, this week announced the Engagement III ultra-long offset ocean-bottom node (OBN) acquisition in Green Canyon, U.S. Gulf of Mexico. Join the 89,052 members that receive our newsletter. The environmental group Clean Ocean Action has joined . USCG Broadcasts "Monthly number of offshore oil and gas rigs in the U.S. Gulf of Mexico from May 2021 to February 2023, by contract type." "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.". 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See, Marine Text Forecasts by Zone - Text Interface, Marine Text Forecast and Products - Complete Listing, Text Product File Server Data Files - File Structure Description for FTP, WeatherFax - The Best Budget Weather Solution for Sailors, Northwest Atlantic Weather Briefing Package, Gulf and Tropical Atlantic Weather Briefing Package, Northeast Pacific Weather Briefing Package, Southeast Pacific Weather Briefing Package, Buoy, C-MAN, Ship, Drifters, Gliders, HF Radar, PORTS, Physical Oceanographic Real-Time System, Voluntary Marine Observations from Mariners, Peak water level observations at NOS stations during past tropical cyclones, Experimental Marine Graphical Composite Forecast maps - Tropical North Atlantic, Experimental Marine Graphical Composite Forecast maps - Eastern North Pacific, Get Marine Text and Graphic Products via Email, Marine Communications - BoatU.S. 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. The effort is part of a broader goal of reducing U.S. carbon emissions created when coal, oil and gas 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 . By closing this message or continuing to use our site, you agree to the use of cookies. These forecasts are also available via e-mail. ", 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. Then you can access your favorite statistics via the star in the header. Associated Press climate and environmental coverage receives support from several private foundations. Identify opportunities for continued Gulf of Mexico (GOM) SMWG activities. 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 administration also has said it wants to deploy another 15 GW of offshore wind power from floating turbines by 2035. ", 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 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. to incorporate the statistic into your presentation at any time. The proposed lease areas total nearly 302,000 acres. Reading Time: 11 minutes. 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. data. 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. Visit a quote page and your recently viewed tickers will be displayed here. Linked data may not represent the latest forecast. 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 . 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 . These cookies do not store any personal information. and there's a bounty of inshore, nearshore, and offshore fisheries to explore. Chart. CL00, 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 . By clicking Accept, you consent to the use of ALL the cookies. Text. Radiofax Hardware Stay informed daily on the latest news and advice on COVID-19 from the editors at U.S. News & World Report. View all Special Ad Sections Because the Gulf of Mexico already has so much infrastructure in place, operators are shifting to an infrastructure-led exploration strategy.. The plan would mainly limit drilling to the Gulf of Mexico, with one proposed lease sale in waters off Alaska. A 2020 study conducted by NREL quantified the Gulf's gross offshore wind resource capacity at 1.87 terawatts (TW). 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. Links Itsdeep trove of reservoirs is responsible forabout 14%of the U.S.scrude production, second only to the countrys prolific shale fields. 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. This website requires certain cookies to work and uses other cookies to help you have the best experience. Receive updates on BOEM Marine Minerals Program (MMP) and Sand Management Working Group (SMWG) efforts. Learn more about how Statista can support your business. These cookies will be stored in your browser only with your consent. Since Jan. 1, what is the overall trend in your region for construction materials prices (year over year)? In December, the first auction for leases off the Pacific coast fetched more than $757 million. 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.. By visiting this website, certain cookies have already been set, which you may delete and block. The main dynamical feature of the Gulf of Mexico is the Loop Current, which is a portion, upstream of the Gulf Stream, of the North Atlantic western boundary current that carries ocean waters from the Tropics towards the high latitudes. Oil spills, though, remain a big risk. Regional Sediment Management Update - Elizabeth Godsey, United States Army Corps of Engineers.