Industry News

Slower Pace for Rigs-to-Reefs Expansion Reported

EnergyWire recently featured an article about trends in the use of the federal Rigs-to-Reefs program in the wake of accelerated rig decommissionings, stating that updated Bureau of Safety and Environmental Enforcement data requested by the publication reflects a program that is expanding “at a much slower pace than in recent years.”

The publication noted that the program created 66 artificial reefs in the Gulf of Mexico in 2010, 27 in 2012, 16 in 2013, and 17 in 2014, with one additional reef added so far in 2015. According to BSEE, as of 1 July 2015, 470 Gulf of Mexico platforms have been converted to artificial reefs, up from 321 as of 31 May 2013.

To read the report, click here (registration required).

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