Saturday, July 28, 2012

Shell Scales Back 2012 Arctic Drilling Goals

National Geographic: Faced with iced-in Arctic waters and failure to secure U.S. Coast Guard approval of its oil-spill barge, Royal Dutch Shell* is ratcheting down its plan to drill as many as five exploratory wells this summer in the seas north of Alaska. The company planned to sink the wells in the Chukchi and Beaufort seas during a brief window between July and October, when the waters were expected to be clear of severe ice. But Pete Slaiby, Shell's vice president for Alaska operations, said it's unlikely the...

URL: http://news.nationalgeographic.com/news/energy/shell-2012-arctic-drilling-goals/
Enclosure: http://images.nationalgeographic.com/wpf/media-live/photos/000/573/overrides/energy-arctic-drilling-sea-ice-beaufort-sea_57318_600x450.jpg

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