Shell was an lively Alaska explorer and producer for many years till it withdrew from the state in 2015 after a expensive and unsuccessful exploration program within the Chukchi Sea, an space off the northwest Alaskan Arctic coast.
News media not too long ago reported Shell plans to renew oil and gasoline exploration in Alaskan Arctic offshore waters. According to exploration plans filed with the state, the corporate seeks approval to type an exploration unit protecting 86,400 acres and 18 Alaska Beaufort Sea offshore leases held by Shell. The firm has dedicated to seismic and exploration drilling over the following 5 years in west Harrison Bay, which is in offshore the National Petroleum Reserve-Alaska and 34 miles northwest of the Colville River delta the place the onshore Alpine area is now producing.
Alaska News Sources reported that “a spokesperson for Shell says the oil firm is searching for an extension of leases it holds in Alaska as a method to make the leases extra enticing to a possible purchaser and doesn’t itself plan a return to operations within the state.”
If the Alaskan authorities approve Shell’s utility, Shell “will transition to an alternate operator and totally divest out of the enterprise,” the spokesperson mentioned.
The Alaskan program was extraordinarily expensive for Shell. The firm spent about $6 billion to amass leases and conduct exploration over a number of years.
Shell accomplished top-hole drilling on two wells in 2012 within the Beaufort and Chukchi Seas, marking the trade’s return to offshore drilling within the Alaskan Arctic after greater than a decade. After the drilling season ended one in every of Shell’s drilling rigs, the Kulluk, was broken in a maritime incident associated to sturdy climate situations. The Kulluk and the second drilling rig, the Noble Discoverer, had been towed to Asia and later bought for scrap.
In 2013 Shell shelved this system.
(Source: High North News/Alaska News Source – Image: The Kulluk artic platform grounded on Sitkalidak Island shore within the Gulf of Alaska on January 1st 2013/US Coast Guards)

The submit SHELL HAS NO PLANS TO EXPLORE THE COLD WATERS OF ALASKA AGAIN appeared first on Energy Global News.

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