GPI+ — Gulf Permit Index — as of June 30


Today, Greater New Orleans, Inc. (GNO, Inc.) and several partnering organizations released the thirty-seventh Gulf Permit Index (GPI) to the public. This edition, the eighteenth GPI+, includes data on deep- and shallow-water permit issuance taken from the Bureau of Safety and Environmental Enforcement (BSEE) as well as data on exploration and development plans taken from the Bureau of Ocean Energy Management (BOEM). The two agencies replaced the Bureau of Ocean Energy, Management, Regulation, and Enforcement (BOEMRE) on October 1, 2011.

In April, May, and June 2013, deep-water permit issuance fell below the monthly average observed in the year prior to the oil spill. Through the month of April, four permits were issued, representing a 2-permit — or 33% — decrease from the average of 6 permits per month. This number also represents a 3-permit decrease — or 43% — from the historical average of 7 permits per month in the three years prior to the oil spill. This also matches the average observed over the past three months.

Through the month of May, three permits were issued, representing a 3-permit — or 50% — decrease from the average of 6 permits per month. This number also represents a 4-permit decrease — or 57% — from the historical average of 7 permits per month in the three years prior to the oil spill. This also represents a 1-permit (25%) decrease from the average observed over the past three months.

In June 2013, five permits were issued, representing a 1-permit — or 17% — decrease from the average of 6 permits per month. This number also represents a 2-permit decrease — or 29% — from the historical average of 7 permits per month in the three years prior to the oil spill. This also represents a 1-permit (25%) increase from the average observed over the past three months.

Through the month of April, 4 shallow-water permits were issued. This number fell below the monthly average of 7 permits per month observed in the year prior to the oil spill. This number also represents an 11-permit — or 73% — reduction from the historical average of 15 permits per month in the three years prior to the oil spill, and trails the average observed over the past three months.

Through the month of May, 10 shallow-water permits were issued. This number exceeds the monthly average of 7 permits per month observed in the year prior to the oil spill. This number also represents a 5-permit — or 33% — reduction from the historical average of 15 permits per month in the three years prior to the oil spill, and exceeds the average observed over the past three months.

Through the month of June, 3 shallow-water permit was issued. This number fell below the monthly average of 7 permits per month observed in the year prior to the oil spill. This number also represents an 12-permit — or 80% — reduction from the historical average of 15 permits per month in the three years prior to the oil spill, and trails the average observed over the past three months.

The GPI+ also shows a continued increase in the average number of days taken to approve plans.

In April 2013, the average approval time for a plan was 101 days, compared to the historical average of 61 days. This number represents a 66% increase above historic approval times. In May 2013, the average approval time for a plan was 106 days, compared to the historical average of 61 days. This number represents a 74% increase above historic approval times. In March 2013, the average approval time for a plan was 104 days, compared to the historical average of 61 days. This number represents a 71% increase above historic approval times.

Charts tracking approved new permits for deep- and shallow-water drilling are below. In addition, a chart detailing the changes in average approval time can be found below. Raw data on number of permits issued and plans approved is taken from the BSEE and BOEM websites. Research and analysis was performed by GNO, Inc. staff members.

GNO, Inc. will continue to monitor permits and plans being reviewed by BSEE and BOEM, respectively. The organization will report on its findings quarterly with updated GPI+ reports.

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