The provisional winner of today’s lease sale is Statoil Wind US LLC, which bid $42,469,725 for lease area OCS-A 0512.
Statoil will now have the opportunity to explore the potential development of an offshore wind farm to provide New York City and Long Island with an additional source of electricity.
The New York Wind Energy Area spans 79,350 acres, and covers water depths between 65 and 131
feet. It starts approximately 11.5 nautical miles from Jones Beach, NY. From its western edge, the area extends approximately 24 nm southeast at its longest portion. The lease area consists of five full Outer Continental Shelf blocks and 143 sub-blocks. A map of the lease area can be found here.
Statoil will conduct studies to understand the seabed conditions, the grid connection options and wind resources involved in the lease site.
“We will work closely with the New York State Energy Research and Development Authority (NYSERDA) on these studies and throughout the permitting process, and in connection with power offtake options,” says Rummelhoff.
Statoil is a Norwegian company primarily focused on upstream oil and gas operations. From a daily production of approximately 1.8 million barrels of oil equivalent (BOE), more than 270,000 BOE stem from the company’s onshore and offshore oil and gas fields in the U.S.