Opt in to send and receive text messages from President Biden. "Monthly number of offshore oil and gas rigs in the U.S. Gulf of Mexico from May 2021 to February 2023, by contract type." Offshore wind will be a great complement to Texass onshore renewable energy resources, said Luke Metzger, executive director Environment Texas, a state-specific office of Environment America. 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. Necessary cookies are absolutely essential for the website to function properly. The announcement comes as the number of offshore oil and gas leases granted under the Biden administration have shrunk to historic lows. But dont count on the new productionto close the oil-supply gap that hasplaguedthe worlds economies since the pandemic. 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. By 2035, the administration aims to deploy a further 15 gigawatts of wind power through floating turbines. 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. 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 Youve got this tone and tenor that in many respects has had a chill on the investment community and on companies.. Washington, DC 20500, Proposes first-ever Gulf of Mexico offshore wind lease sale; welcomes California and Louisiana to Federal-State Partnership to build Americas supply chain and increase skilled workforce for offshore wind. Other key findings from the report include: The advancement of an offshore wind lease sale in the Gulf of Mexico is a game-changer, said Liz Burdock, founder and CEO of the Business Network for Offshore Wind, in a statement provided to POWER. To support its Gulf of Mexico business, bp maintains a logistics base in Port Fourchon, Louisiana, along with a heliport in Houma, Louisiana. 1849 C Street, NW 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. Design, CMS, Hosting & Web Development :: ePublishing. The NCEP Global Real-Time Ocean Forecast System (Global RTOFS) data is based on the U.S. Navy implementation of Global HYCOM. Share information on Gulf-wide multi-use initiatives and lay the foundation for continued interstate coordination. But its reinvented itself more times than people thought.. Updated on: December 29, 2022 / 10:02 PM / CBS/AP. 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. 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). 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.. These cookies will be stored in your browser only with your consent. On April 5, 2022, changes to the Tropical Analysis and Forecast Branch (TAFB) offshore marine zones were made. NG00, Discuss outcomes of recent sand inventory efforts. I've been on the Visit our updated. The Interior Department will open over 300,000 acres in the Gulf, long dominated by fossil-fuel drilling 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. In fact, theres evidence that this traditional-energy state has already forged its position with wind. This website requires certain cookies to work and uses other cookies to help you have the best experience. View all Special Ad Sections Stay informed daily on the latest news and advice on COVID-19 from the editors at U.S. News & World Report. Even with the new platforms coming online, Gulf oil production wontgrow substantiallyin the coming years as maturefields decline, according to analysts. "Monthly Number of Offshore Oil and Gas Rigs in The U.S. Gulf of Mexico from May 2021 to February 2023, by Contract Type. Regulatory concernsalso loom large over the offshore sector, which relieson regular federal lease auctions to maintain output. Floating turbines enable wind farm deployments in deeper water. Danish wind developer rsted is already investing in infrastructure and vessels in the Gulf region for its planned U.S. offshore wind farms. Multiplied over a field of turbines, these siting decisions mean real differences in the profitability of a project. While wind farms in the region could help power and lower energy costs for at least 9 million homes, significant infrastructure upgrades would be needed to supply electricity from the region to other parts of the state, the Texas Tribune has reported. +2.06%, That means its unclear when orif offshore producers will be able to secure new Gulf leases. The New York Times examined pipeline permits for the area and identified at least nine pipeline segments operated by seven oil and gas producers within a three-kilometer (1.8-mile) radius of the . National Oceanic and Atmospheric Administration WASHINGTON - The latest in a long series of Louisiana efforts . 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. (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 Dept. But opting out of some of these cookies may affect your browsing experience. This statistic is not included in your account. 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. The Gulf of Mexico is a semi-enclosed basin connected, to the south, to the Caribbean Sea, and to the North Atlantic Ocean to the east. They include aproposed sale notice for a 102,480-acre area off Lake Charles, Louisiana, and two areas near Galveston, Texas, of 102,480 and 96,786 acres. 2023 Access Intelligence, LLC - All Rights Reserved. data. There have been scores of . Mississippi Sound. You only have access to basic statistics. Since Jan. 1, what is the overall trend in your region for construction materials prices (year over year)? The offshore sector has beenbattered by back-to-back busts and a pandemic that forced mass layoffs and bankruptcies. (Mouseover and click the desired area to view the valid Global Ocean Model Currents 0-72 hour forecast data) By visiting 8:15 a.m. National and Gulf-wide Sand Inventory Initiatives and Cooperative Agreements. 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.. Similar webpages for Coastal/Great Lakes Forecasts by Zone and High Seas Marine Forecasts are also available. You need at least a Starter Account to use this feature. Stennis Space Center, MS 39529. . 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. Texas has more wind turbines than any other state. Others from Chevron Corp., Shell and Beacon Offshore Energy are expected to start production in two years. By. 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. Leaflet. Get Mexico City's weather and area codes, time zone and DST. 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. In FY2021, revenues totaled $4.1 Billion from OCS oil and gas activities. OCS activities generate substantial revenues from lease sales, royalties on production, and rental fees. But Texas isnt without its own challenges. The comment period for the first proposed offshore wind sale in the Gulf of Mexico is now open! 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. 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. Latest News, Program Information Strong to gale force S winds are occurring E of the front over the eastern and central Gulf. But even with oil at $100 a barrel, a big comeback is unlikely. The Gulf of Mexico announcement comes on the heels of the 2023 U.S. Offshore Wind Market Report, produced by the Business Network for Offshore Wind. 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. 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 . of the Interior, through its Bureau of Ocean Energy Management (BOEM), said it would open more than 300,000 acres in the Gulf, an area that long has been a major part of U.S. exploration for crude oil and natural gas. Reading Time: 11 minutes. Worriesthat todayshigh prices wont last makeinvesting in expensive, time-consuming offshore projects a hard sell. Updated Monthly Data last updated on 3/1/2023 11:00 AM (CST) Permit Type. 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. The Gulf of Mexico announcement comes on the heels of the 2023 U.S. Offshore Wind Market Report, produced by the Business Network for Offshore Wind. Associated Press climate and environmental coverage receives support from several private foundations. See here for details. Marketed contracted reflects all marketed rigs that have a contract in place. Yep, . ", "Americas clean energy transition is happening right here and now," said Interior Secretary Deb Haaland in a statement. The Biden-Harris administration has set a target of 30 gigawatts of offshore wind energy capacity by 2030. 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. All Rights Reserved BNP Media. Rachel Koning Beals is a MarketWatch news editor in Chicago. Written by on 27 febrero, 2023. Those against wind say the turbines can be noisy and unappealing aesthetically, and can sometimes adversely impact the physical environment around them. High Seas Forecasts 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. Amateur Radio Article. The proposed sale, which could take place as soon as this summer . 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 The White . BIDEN ADMIN WEIGHS COMPLETE BLOCK ON OFFSHORE OIL DRILLING AS GAS PRICES KEEP RISING. 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 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, Biden Considers 1st Offshore Wind Auction in Gulf of Mexico, 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. Are you interested in testing our business solutions? You have JavaScript disabled. The Biden administration just proposed the first-ever offshore wind lease sale in the Gulf of Mexico off the coasts of Louisiana and Texas. No more changing the clocks? All rights reserved. Also out this week, the 2023 U.S. Offshore Wind Market Report found state demand for offshore wind nearly doubled in 2022. Its part of the administrations broader goal of reducing U.S. carbon emissions by at least 50% by the end of the decade. 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. If you do a greenfield investment, youre exposing yourself to potentially 10 years of volatility, said Colin White, an offshore analyst with Rystad. Questions? Current local time in Mexico - Ciudad de Mxico - Mexico City. Interior said it has already held three offshore wind lease auctions, including one off the coast of New York and another on the Pacific coast in California. Similar to solar power 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. Regularly Updated Operational Coral Bleaching Monitoring Products: NOTICE - Check time and date of forecasts. 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.. Phone: 202-208-6474BOEM Public Affairs. Please enable JavaScript to use this feature. The Gulf of Mexico loop current brings warm Caribbean water northward between the Yucatan Peninsula and Cuba and into the Gulf. 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. National Oceanic and Atmospheric Administration. Ammonia Gas Turbine Combustion Has Economic Potential, GE-IHI Study Suggests, Indonesia Begins Carbon Trading Program for Coal-Fired Power Plants, Dominican Republic Adds to Power Capacity With New Gas-Fired Plant, Poland Moves Forward With Countrys First Nuclear Power Plant, DOE Breaks Ground on Next-Generation Concentrating Solar Power Pilot, Major Offshore Wind Array Planned off Iberian Peninsula, The POWER Interview: Challenges, Opportunities for Energy Storage, European Project Launches to Demonstrate High-Volume Hydrogen Gas Turbine Combustion, a major project off the Iberian Peninsula was announced earlier this week, industry analysts say U.S. development is poised for major growth, the Block Island project off the coast of Rhode Island, California called for 25 GW of offshore wind generation, BOEM Launches Offshore Wind Actions for California, Gulf Coast, New York Bight, BOEMs First Two Offshore Wind Areas in the Gulf of Mexico Could Feed Texas, Louisiana, U.S. This proposed lease sale will continue the legacy of energy production in the Gulf of Mexico, providing Americans with an affordable clean energy supply. Customize forecasts for any offshore location and save them for future use. Timely delivery of data and products through the Internet is not guaranteed. If you are an admin, please authenticate by logging in again. Not a subscriber or a registered user yet? The Business Network has identified $17 billion in new investments driven by offshore wind activity in the United States since 2014. ", FOSSIL FUEL PROFITS ARE VITAL FOR GREEN ENERGY PROJECTS DEMS ROUTINELY TOUT, But while offshore oil and gas leases have sputtered under Biden, his administration is hoping to make up the difference with its latest offshore wind sale. Outer Continental Shelf, Gulf of Mexico Region, Oil and Gas Production Forecast: 2022-2031; OCS Report BOEM 2017-082 - U.S. President of the United States since 2021. Even as the industry recovers from the pandemic, its offshore investment globally is set to rise only 7% to $155 billion this year, compared withan 18% increasein shale investments, according to Rystad Energy, aconsulting firm. See more about APs climate initiative here. Long-term state offshore wind targets increased 79% last year. The sale remains tentative. Biden wants a path to net-zero emissions throughout the U.S. economy by 2050. Across the Atlantic, Shell has made a massive discoveryoffshore Namibia. 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. The White House, federal agencies, states, and other key stakeholders are coordinating to achieve the Presidents goals while advancing environmental justice, protecting biodiversity, supporting the creation of good-paying jobs, and promoting ocean co-use. NE Gulf N of 26N E of 87W. Onceall six platforms are online, they couldproduceup to560,000 barrels a day. By harnessing our abundance of renewable natural resources, these projects will unleash economic growth here at home andcreategood paying jobs. All NOAA, Marine, Tropical and Tsunami Services Branch, Offshore waters forecast for the Gulf of Mexico including all zones and synopsis A lease sale for the New York Bight region off the East Coast, held in February of last year, pulled in $4.37 billion. 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. Whats our next move? 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. 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. Posted in . Safety The administration also has said it wants to deploy another 15 GW of offshore wind power from floating turbines by 2035. This means the Gulf program is currently not in effect. Josh Kaplowitz, vice president for offshore wind at the industry group American Clean Power, said the proposed sale will continue the legacy of energy production in the Gulf of Mexico, providing Americans with an affordable clean energy supply. The current administration remains keen to encourage offshore wind deployment beyond the East Coast of the US. 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. These forecasts are also available via e-mail. 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. The Biden administration set a goal of deploying 30 gigawatts of offshore wind by 2030 using traditional technology that secures wind turbines to the ocean floor, enough to power 10 million homes. 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. Publications. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). ", 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. You need a Statista Account for unlimited access. How do you expect the Infrastructure Investment and Jobs Act to impact your firms backlog in the next 2-3 years? BIZ Magazine. Approximately 10 miles offshore and 30 feet underwater, giant cement blocks will help scientists better understand what's happening in the water. 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. Significant Sediment Resource Area Update - Jessica . Oil spills, though, remain a big risk. The U.S. Energy Information Administration expects Gulf output to remain flat through2023, while S&P Global Commodity Insightsprojectsproduction mayrecover to the pre-pandemic recordby the end of the year. Monday, February 27, 2023 The oil industry's biggest party is properly returning to London for the first time since the pandemic. Copyright 2023 TheAssociated Press. The 2004 Taylor Energy oil spill is an ongoing spill located in the Gulf of Mexico, around 11 miles (18 km) off the coast of the U.S. state of Louisiana.It is the result of the destruction of a Taylor Energy oil platform during Hurricane Ivan in 2004. Wednesdays announcement of a lease sale in the Gulf comes after earlier announcements of lease sales of the U.S. East and West coasts. 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. Email: [emailprotected] Phone: +1.805.704.2536. To use individual functions (e.g., mark statistics as favourites, set 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. Because the Gulf of Mexico already has so much infrastructure in place, operators are shifting to an infrastructure-led exploration strategy.. Contacts Okaloosa-Walton County Line to Mexico Beach 20 to 60 NM out. The move is part of a wider administration goal of offshore wind installations up and down America . The Bureau of Ocean Energy Management plans to open a 60-day public comment period on Friday. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. 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 . United States, Date 1X. (2 minutes) Some of the world's largest oil companies have been ordered to pay part of a $7.2 billion tab to retire hundreds of aging wells in the Gulf of Mexico that . this website, certain cookies have already been set, which you may delete and The proposed lease areas total nearly 302,000 acres. ", It will also require lessees to summarize their "engagement with Tribes and ocean users potentially affected by proposed offshore wind activities. 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. The current loops around the Gulf, flows southeastward into the Florida Strait where it serves as a parent to the Florida current and ultimately joins the Gulf Stream. Regional NCOM data is provided by the Naval Oceanographic Office (NAVO). We earn $400,000 and spend beyond our means. 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. [Online]. NWS Internet is available 24 hours a day, seven days a week . 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 . Itsdeep trove of reservoirs is responsible forabout 14%of the U.S.scrude production, second only to the countrys prolific shale fields.
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