BOEM recently announced (on July 20, 2022) the first two draft wind-energy areas (WEAs) off the coasts of . 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. -. The BOEM has proposed lease sales in two designated wind energy areas, or WEAs, off Louisiana and Texas. Linked data may not represent the latest forecast. 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. Then you can access your favorite statistics via the star in the header. Currently, you are using a shared account. The NCEP Global Real-Time Ocean Forecast System (Global RTOFS) data is based on the U.S. Navy implementation of Global HYCOM. 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. Rachel Koning Beals is a MarketWatch news editor in Chicago. Wednesdays announcement of a lease sale in the Gulf comes after earlier announcements of lease sales of the U.S. East and West coasts. It was welcome news for the offshore energy lobby and . But its reinvented itself more times than people thought.. This PDF is the current document as it appeared on Public Inspection on 02/23/2023 at 8:45 am. 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. 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. The Interior Department will open over 300,000 acres in the Gulf, long dominated by fossil-fuel drilling CL00, +1.41% via offshore rig. 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. These forecasts are also available via e-mail. 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. Others from Chevron Corp., Shell and Beacon Offshore Energy are expected to start production in two years. National Weather Service. By some measures, offshore platforms are lessenvironmentally damaging because theyemit about half the greenhouse gas levelsoftheir shale counterparts, according to S&P Global. The department said several environmental and "equity" considerations will be considered by Interior as it considers lease proposals. You only have access to basic statistics. +2.18% The number of new offshore discoveries worldwide has fallen to a 75-year low after oil companies slashed their budgets for deepwater exploration. New Orleans, LA 70130 This page is also available in a text version. Contacts Worriesthat todayshigh prices wont last makeinvesting in expensive, time-consuming offshore projects a hard sell. Listen to article. Visit our updated. The Biden administration just proposed the first-ever offshore wind lease sale in the Gulf of Mexico off the coasts of Louisiana and Texas. Bidens Department of the Interior said Wednesday that this announcement is part of its effort to "grow Americas clean energy economy. It is mandatory to procure user consent prior to running these cookies on your website. Regularly Updated Operational Coral Bleaching Monitoring Products: 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. Across the Atlantic, Shell has made a massive discoveryoffshore Namibia. 1849 C Street, NW The Gulf continues to be the nation's primary offshore source of oil and gas, generating about 97% of all U.S. OCS oil and gas production. Business Solutions including all features. All rights reserved. Stennis Space Center, MS 39529. Several projects already are being developed along the East Coast, home to the nations first-ever wind power development, the Block Island project off the coast of Rhode Island. Observations. 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 . High Seas Forecasts 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. 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.. Please do not hesitate to contact me. 3205. As a candidate, Biden famously promised "no more drilling on federal lands, no more drilling, including offshore. I've been on the Design, CMS, Hosting & Web Development :: ePublishing. 1600 Pennsylvania Ave NW Defense Daily subscriber and registered users, please log in here to access the content. Theres probably some growth still left in the Gulf of Mexico, but its a more modest growth.. National Oceanic and Atmospheric Administration. Show publisher information Offshore Forecasts The Gulf of Mexico . You need a Statista Account for unlimited access. 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. 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.. What impact does your firm expect from future IIJA funding? The offshore sector has beenbattered by back-to-back busts and a pandemic that forced mass layoffs and bankruptcies. BOEM will further coordinate with DoD and the lessee to deconflict potential impacts throughout the project . block. . The timing for these new Gulf projects couldnt be better. Foundation, Saved by the Beacon - Safe Boating Council, Search and Rescue Satellite Aided Tracking, Offshore waters forecast for the Gulf of Mexico, Global Maritime Distress and Safety System, National Oceanic and Atmospheric Administration. It will also help secure our nations energy independence while reducing costs for consumers, said Josh Kaplowitz, vice president for offshore wind with trade group,The American Clean Power Association. Links National Environmental Policy Act and Offshore Renewable Energy, Gulf of Mexico Interactive Lease Statistics Dashboard, Western and Central GOM Topographic Features Stipulation Map Package, Top Ten Highest Bids on a Single Block for All Gulf Sales, Top Ten Highest Number of Bids on a Single Block for All Gulf Sales, Oil Spill Financial Responsibility (OSFR) for Offshore Facilities, High-Resolution Geophysical Survey Application, Biostratigraphic Chart of the Gulf of Mexico Offshore Regions, Jurassic to Quaternary, Seismic Water Bottom Anomalies Map Gallery, Gulf of Mexico Property and Collateral List Reports. The Gulf Coast, which has been home to numerous offshore oil and gas wells, could . The sale remains tentative. In, IHS Markit. Texas has more wind turbines than any other state. Am I crazy? After my mother died, my cousin took her designer purse, and my aunt took 8 paintings from her home then things really escalated, It broke me: Everyone says you need power of attorney, but nobody tells you how hard it is to use, Caterpillar CTO on what's driving the infrastructure industry. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. 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. 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. By visiting this website, certain cookies have already been set, which you may delete and block. Clicking on the map below takes you to TAFB's marine services webpage where you can get offshore forecasts and warnings for the tropical Atlantic, Gulf of Mexico and Caribbean in many different forms, including text and graphics. Gulf companies are already instrumental in the development of the U.S. market and by opening new lease areas on their doorstep we will leverage our unique domestic expertise even further. 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. Similar to solar power 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 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. This proposed lease sale will continue the legacy of energy production in the Gulf of Mexico, providing Americans with an affordable clean energy supply. This material may not be published, broadcast, rewritten or redistributed. National Weather Service Marketed contracted reflects all marketed rigs that have a contract in place. The Gulf of Mexico announcement follows earlier Biden team news on lease sales off the East and West coasts of the U.S. Todays announcement comes after years of engagement with Tribes, other government agencies, ocean users and stakeholders, and this proposed sale notice provides another opportunity for them to weigh in on potential offshore wind leasing in the Gulf of Mexico, said Klein. This website requires certain cookies to work and uses other cookies to help you have the best experience. 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 Published by Jessica Aizarani , Feb 28, 2023. To support its Gulf of Mexico business, bp maintains a logistics base in Port Fourchon, Louisiana, along with a heliport in Houma, Louisiana. 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 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. But dont count on the new productionto close the oil-supply gap that hasplaguedthe worlds economies since the pandemic. These systems are presently used in water depths greater than 5,000 feet. Also out this week, the 2023 U.S. Offshore Wind Market Report found state demand for offshore wind nearly doubled in 2022. The U.S. Coast Guard spent hours Thursday searching the waters off Louisiana for four people on board a helicopter that crashed while departing . 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. The Biden administration on Feb. 22 announced the first-ever lease sale for offshore wind power development in the Gulf of Mexico. +2.06%, The effort is part of a broader goal of reducing U.S. carbon emissions created when coal, oil and gas 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. But the wind does blow at just the right time along the Texas coast in the early evening as solar energy is fading, according to Crystal Shen, a senior project engineer in the renewables group at UL Solutions. How do you expect the Infrastructure Investment and Jobs Act to impact your firms backlog in the next 2-3 years? 2023 Access Intelligence, LLC - All Rights Reserved. It was viewed 11 times while on Public Inspection. Among the top 10 states with the most wind turbines, Texas ranks the highest with over 10,000 more turbines than second-ranked Iowa. current time in gulf of mexico offshore. The sectors inability to quickly ramp up production when geopolitical disruptions like Russias war in Ukraineupend marketsis one reason why U.S. oil production at 11.8 million barrels a day remains below the pre-pandemic record of 13.1 million barrels a day, even with crude prices at 14-year highs. Airports. Visit our privacy Even as it pushes forward to develop U.S. offshore wind energywith a lease auction now set in the Gulf of Mexico by year end, an accelerated "earthshot" for floating wind technology and . Get full access to all features within our Business Solutions. 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. Leaflet. View accurate Gulf of Mexico wind, swell and tide forecasts for any GPS point. By harnessing our abundance of renewable natural resources, these projects will unleash economic growth here at home andcreategood paying jobs. help you have the best experience while on the site. BIDEN ADMIN WEIGHS COMPLETE BLOCK ON OFFSHORE OIL DRILLING AS GAS PRICES KEEP RISING. 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. You need at least a Starter Account to use this feature. 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 Proposed Sale Notice (PSN)includes. Statista. "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. 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. 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). 8:15 a.m. National and Gulf-wide Sand Inventory Initiatives and Cooperative Agreements. 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.. 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. If you do not agree to the use of cookies, you should not navigate March 1, 2023. +8.80% 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. The ruling does not affect the South Atlantic SEFHIER program. Danish wind developer rsted is already investing in infrastructure and vessels in the Gulf region for its planned U.S. offshore wind farms. US Dept of Commerce Strong to gale force S winds are occurring E of the front over the eastern and central Gulf. 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 ever. 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. Onceall six platforms are online, they couldproduceup to560,000 barrels a day. 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. The move is part of a wider administration goal of offshore wind installations up and down America .
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