Mike Stagg LIVE: Louisiana Coastal Plan

Thursday, 09 December 2010 18:46
New Orleans Groups Say DeFacto Gulf Oil Drilling Moratorium Continues
Written by 

According to two New Orleans business organizations, the defacto Gulf of Mexico oil drilling moratorium continues despite the lifting of the moratorium imposed by the Obama Administration earlier this year.

Greater New Orleans, Inc. released the fourth installment of the Gulf Permit Index (GPI) to the public. When the federal government announced that it would lift the Deep Water Drilling Moratorium on Tuesday, October 12, the Business Council of Greater New Orleans and the River Region, and GNO, Inc. issued the following statement:

"We will be tracking and reporting on shallow- and deep-water permit issuance. Bi-weekly, we will issue a report that will compare the number of permits issued, versus historical rates. If there are delays, we will investigate and report those findings, as well."

Earlier this week, Director of the Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE) Michael Bromwich, while answering questions at the International Offshore Oil and Gas Law Conference, stated that no de facto moratorium exists.

"BOEMRE must not be paying attention to its own data," said Gregory Rusovich, Chairman of the Business Council of Greater New Orleans and the River Region. "We’ve seen one new deep-water permit approved in the two months since the so-called end of the federal moratorium. The historical monthly average for approved permits for new deep-water wells is 5.8. The difference between what BOEMRE says and what is reality is, sadly, substantial."

Continuing the commitment to track permit issuance in the Gulf of Mexico, GNO, Inc. updated the index to reflect changes that have occurred in the two weeks since the third installment of the GPI was issued on Wednesday, November 24.

"Shallow-water permit issuance rates over the past three months still significantly lag historical averages, and the deep-water permits are not experiencing an upward trend at all," said Michael Hecht, President and CEO of GNO, Inc. "The overall permitting process is taking entirely too long. What was once a matter of days and weeks is now a matter of months. Until BOEMRE takes serious steps toward progress, our region faces unnecessary economic hurdles."

Only one deep-water permit has been issued in the two months since the end of the federal moratorium. The deficit from the historical average of 5.8 is 5.3 permits per month, representing a 91% decrease in permit issuance.

Shallow-water permit issuance also lags behind the historical average of 7.1 permits per month. Over the past three months, only 4.67 shallow-water permits have been issued each month. The deficit represents a 34% decrease in permit issuance.

Charts tracking approved new permits for deep- and shallow-water permit issuance are below. Raw data on number of permits issued each month is taken from the BOEMRE website. Research and analysis is performed by GNO, Inc. staff members.

GNO, Inc. will continue to monitor the number of drilling permits being issued by BOEMRE. The organization will report on its findings every two weeks with updated GPI reports.

Login to post comments
Powered By JFBConnect
  • Edwards gets Graves challenge on Louisiana flood relief money
  • Gov. Edwards's pugnacious state of union gave wrong Louisiana vision
  • Trump plus 80 days: Jim Brown, Bernie Pinsonat talk US, Louisiana politics
  • Trump should be like Reagan, not like Bush

graves c 3Shades of Katrina?

    Is political partisanship raising its ugly head again in the face of another Louisiana disaster?  Democratic Gov. John Bel Edwards thinks so.

    Edwards got some rough treatment from a congressional committee in Washington, D.C. when he testified before it recently about the state’s response to flood problems.

Read More

jbeWith equal parts pugnaciousness and disingenuousness, Democrat Gov. John Bel Edwards’ highly-politicized 2017 State of the State speech laid out a truly flawed vision for Louisiana going forward.

Read More

jim bernieIs Russia now our enemy, once again?

Did Donald Trump make the right move or was the latest attack, simply some wag the dog?

Read More

Iron nancy reagan 6n 1986, United States President Ronald Reagan authorized military aircraft to unleash a torrent of bombs in Tripoli, Libya to send a strong message to Libyan dictator Muammar Gaddafi. The attack was in response to Gaddafi’s involvement in the terrorist bombing of a Berlin disco that resulted in the death of American soldiers. 

Read More

latter-blum2

Sen. Appel talks budget, economy

TRUMP TALK

Dead Pelican

Optimized-DeadPelican2 1 1