Ice halts Shell arctic oil drilling

By Hilton Price

Ice has impeded Royal Dutch Shell’s Arctic drilling plans, forcing the company to end drilling operations in the Chukchi Sea one day after starting. The company says sea ice encroaching on a drillship forced the decision to temporarily move off the well. The company says once the ice has moved past the well, the ship will re-connect and continue drilling.

Shell is drilling in the region thanks to a temporary permit won only a few days ago. The company is pursuing what it believes could be as much at 25 billion barrels of oil in the Chukchi Sea. Shell has spent more than $4 billion preparing for this drilling campaign.

Shell only has permission to drill to 1400 feet, and only until September 24th. The company is requesting an extension to these parameters from the Department of the Interior. A containment system for seabed oil leaks has also not yet reached the drill sight.

For the most up to date and in-depth information on the offshore oil market visit PennEnergy's comprehensive Research area to access industry focused Reports.


Sign up for PennEnergy's eNewsletters
For Email Newsletters you can trust

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Newsletter
For Email Marketing you can trust

Whitepapers

Five Steps to Build an Effective Threat Intelligence Capability

Against today’s mutating threat landscape and sophisticated cybercriminals, security and risk (S&...

Big Data: Business Insight for Power and Utilities

With this paper Microsoft aims to distill the Big Data drivers, challenges, and opportunities for...

Mobility Innovations for the Next Generation Utility

Utilities are experiencing rapidly changing field mobility requirements as they race to keep up w...

Six Hurdles to Change Management

Are you able to effectively monitor intelligent industrial endpoints and manage change within cri...

Latest Energy Jobs

View more Job Listings >>

Technical Digest

 

Archived Articles

PennEnergy Articles
2008 | 2009 | 2010 | 2011 | 2012 | 2013

OGJ Articles
2011 | 2012 | 2013

OGFJ Articles
2011 | 2012 | 2013

Power Engineering Articles
2011 | 2012 | 2013

Power Engineering Intl Articles
2011 | 2012 | 2013

Utility Products Articles
2011 | 2012 | 2013

HydroWorld Articles
2011 | 2012 | 2013

COSPP Articles
2011 | 2012 | 2013

ELP Articles
2011 | 2012 | 2013