- Reserve down to 372.4 million bbls as of 12/30/2022
- 222 million bbl decline (37.4%) in 2022
- Lowest volume since 12/2/1983
- Reserve is now depleted by nearly 1/2 (49%) from its capacity of 727 million bbls


Posted in energy policy | Tagged SPR depletion, Strategic Petroleum Reserve | Leave a Comment »
Note the third paragraph in the cover letter for the attached Helicopter Safety Advisory Conference (HSAC) 2021 Safety Review (dated 2/10/2022), particularly this sentence:
There is a trend of doing more with less, for example decreases in the numbers of helicopters across the board, yet increases year-over-year in passengers carried, hours flown, and number of flights conducted.
The 2022 data will not be pretty. Clearly there are issues to be addressed.
Posted in accidents, Gulf of Mexico | Tagged 2021 incident data, 2022 helicopter crashes, helicopters, HSAC | 2 Comments »

The wind program was intended to complement the oil and gas program, not replace it.
These articles highlight some of the challenges facing offshore wind:
Posted in energy policy, Offshore Energy - General, Offshore Wind, Uncategorized | Tagged offshore oil and gas, Offshore Wind, synergy | Leave a Comment »

BOE an independent, unsponsored blog that is dedicated to offshore safety, pollution prevention, energy production, effective regulation, and responsible energy policy. If you would like to submit a post, leave a comment to that effect at any time.
Happy New Year! Bud
Posted in energy policy, Offshore Energy - General, Uncategorized | Tagged BOE, energy policy, environmental protection, offshore safety, Regulation | Leave a Comment »
Did they write this news release with a straight face? Almost a shutout (could still be if the only bid is rejected). And they need 3 hours to process the results! 😉
That said, good for Hilcorp! They have a vision, and I hope they are successful.
As directed by the Inflation Reduction Act (IRA) of 2022, BOEM held Cook Inlet OCS Oil & Gas Lease Sale 258 on Friday, Dec. 30.
The reading of the bids was conducted via livestream. The lease sale is now concluded. One bid was received on one block. The bid, in the amount of $63,983, was submitted by Hilcorp Alaska LLC.
Final sale results are currently being processed and will be posted to this page by 1 p.m. Alaska Time.
Following today’s sale, there will be a 90-day evaluation process to ensure the public receives fair market value before a lease is awarded, and a Department of Justice review of antitrust considerations. If a lease is awarded it will be posted to BOEM’s website when the review process is completed.
BOEM
Posted in Alaska, Offshore Energy - General | Tagged BOEM, Cook Inlet, Hilcorp Energy, Sale 258 | Leave a Comment »
Get to work HSAC, NTSB, BSEE, USCG, FAA, and all others who are involved with offshore helicopter safety.
Not a word about this tragedy on the Rotorcraft, Walter Oil & Gas, or BSEE websites, and no public statements can be found. At a minimum, one would have expected condolences to the families and a commitment to find out what happened and prevent recurrences.
Posted in accidents, Gulf of Mexico, Uncategorized | Tagged BSEE, fatalities, Gulf of Mexico, helicopter crash, Rotorcraft, Walter Oil and Gas | 1 Comment »
From Lars Herbst:
The next Helicopter Safety Advisory Conference (HSAC) meeting, scheduled for January 18-19 in Houston, is now urgent.
Posted in accidents, Gulf of Mexico | Tagged Gulf of Mexico, helicopter crash, Rotorcraft, Walter Oil and Gas | Leave a Comment »

Posted in accidents, Gulf of Mexico, Uncategorized | Tagged Gulf of Mexico, helicopter crash, US Coast Guard, Walter Oil and Gas | Leave a Comment »
Posted in accidents, Gulf of Mexico, Offshore Energy - General, Uncategorized | Tagged Gulf of Mexico, helicopter crash, US Coast Guard | Leave a Comment »