Current News

Home   >   Current News   

GOM offshore leasing update

Rig Lynx
  • By Rig Lynx
  • May 23, 2022
  • Category : Current News
  • Views : 135

 

During testimony before the U.S Senate Committee on Energy and Natural Resources, Secretary of the Interior Deb Haaland confirmed that, despite delays in implementation from the previous Administration, the Interior Department will release the Proposed Program - the next step in the five-year offshore energy planning process - by June 30, 2022, which is the expiration of the current program. A Proposed Program is not a decision to issue specific leases or to authorize any drilling or development.

 

'The previous Administration stopped work on the new five-year plan in 2018, so there has been a lot to do to catch up. Varying, conflicting litigation has also been a factor. As we take this next step, we will follow the science and the law, as we always do. This requires a robust and transparent review process that includes input from states, the public and Tribes to inform our decision-making. We take this responsibility seriously without any pre-judgment of the outcome,' said Secretary Haaland.

 

The National Outer Continental Shelf (OCS) Oil and Gas Leasing Program, developed by the Bureau of Ocean Energy Management, establishes a five-year schedule for its oil and gas leasing program as required by the Outer Continental Shelf Lands Act. More information on the steps in the development of a five-year plan can be found on BOEM's website.


Source: DOI

 

Join our mailing list here


We are #1 on Google and Bing for the "Largest Mobile Energy Network"

Come join our community!

Download the Rig Lynx app here

 

Comments (0)

Leave Comment


Check out our other stories

Rig Lynx
Jun 29, 2022

  Noble Corporation announced that it has entered into an asset purchase agreement to sell five jackup rigs for $375 million to a newly formed subsidiary of Shelf Drilling, Ltd. whose obligations under the asset purchase agreement will be guaranteed by Shelf Drilling. The sale, which is subject to approval of the UK Competition and Markets Authority, is intended to address the potential concerns identified by the CMA in the Phase I review of the proposed business combination between Noble and Maersk Drilling.   The Remedy Rig Sale Agreement includes the rigs Noble Hans Deul, Noble Sam Hartley, Noble Sam Turner, Noble Houston Colbert, and Noble Lloyd Noble and all related support and infrastructure.  Associated offshore and onshore staff are expected to transfer with the Remedy Rigs.  Following the sale, Noble expects to continue to perform the current drilling program for the Noble Lloyd Noble under a bareboat charter arrangement with Shelf Drilling until the second quarter of 2023 when the primary term of its current drilling contract is expected to end.  The charter arrangement would pass the economic benefit of the drilling contract to Shelf Drilling.  Drilling contracts for other Remedy Rigs are expected to be novated to the Buyer, subject to the clients' consent.    Noble will provide certain customary transition support services to the Buyer for a limited period of time.  The Buyer is expected to finance the acquisition through equity and debt financings by the Buyer and Shelf Drilling, but the purchase is not conditioned on such financing.  The Remedy Rig Sale is expected to close promptly following closing of the Business Combination (and following receipt of CMA approval).  Additional information related to our Remedy Rig Sale will be provided in an 8-K expected to be filed by the Company on June 23, 2022. Source: Noble Drilling   Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here  

Rig Lynx
Jun 29, 2022

  Ocean Oilfield Drilling together with its partner Dhabi Drilling are glad to announce the contract extension for Jack Up Rig B152 in the Arabian Gulf for another 2+1 years with ADNOC & Abu Dhabi Oil Co., Ltd. (ADOC).   Ocean Oilfield Drilling is committed to continue delivering world class service to its clients whilst keeping safe and efficient operation.   Source: Ocean Oilfield   Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here  

Rig Lynx
Jun 29, 2022

  Maersk Drilling has secured a contract from Shell UK for the provision of the harsh-environment jack-up rig Maersk Resilient for the drilling of the Pensacola well in the UK sector of the North Sea.   The contract is expected to commence in the second half of 2022, in direct continuation of the rig’s previous work scope with Nederlandse Aardolie Maatschappij (NAM), with an estimated duration of approx. two months.   'We’re delighted to announce this contract which firms up Maersk Resilient’s drilling program for most of 2022 and will allow the Resilient team to build even further on the excellent collaboration that was established with NAM and the Shell organization during last year’s campaign at Galleon,' says COO Morten Kelstrup of Maersk Drilling. Source: Maersk   Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here