GPS News  
OIL AND GAS
Shell working to protect assets offshore Alaska
by Daniel J. Graeber
Washington (UPI) Dec 17, 2015


disclaimer: image is for illustration purposes only

While Royal Dutch Shell said it aims to protect its drilling rights in the Arctic waters offshore Alaska, it said drilling was off the table for the foreseeable future.

Royal Dutch Shell in October said it was considering its options when the Bureau of Safety and Environment Enforcement denied its request to suspend leases in Arctic Alaskan waters that expire between 2017 and 2020. Leases expire at the end of their terms unless operators are engaged in drilling or related activity.

In September, the company said it found evidence of oil and natural gas in its Burger exploration well located in the shallow waters off the coast of Alaska, but not enough to warrant further activity. Shell had said it needed more time to move forward with frontier development, but the federal BSEE ruled the company failed to consider the difficulties.

Shell, in its filing, said it was moving to protect its assets and leases in the Chukchi and Beaufort seas, arguing suspensions of the clock on the leases is warranted.

"The appeal does not change our recent decision to stop exploration offshore Alaska for the foreseeable future," a spokesman said in response to email questions.

Activists worked to thwart the deployment of drilling rigs bound for the Arctic waters offshore Alaska earlier this year. Pointing to a track record of early equipment failures from Shell, critics said the program offered more problems than promise.

Susan Marry, deputy vice president for advocacy group Oceana, described Shell's ambitions in the Arctic waters offshore Alaska as a "pipe dream."

The Dutch supermajor committed about $7 billion to the Alaska program.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
OIL AND GAS
U.S. crude oil export no longer banned under Congressional deal
Washington (UPI) Dec 16, 2015
Congress is set to avoid a U.S. government shutdown after reaching a broad financial deal that would also lift a 40-year-old ban on crude oil exports. Congressional leaders reached a deal on Tuesday pairing a $1.1 trillion spending bill with a separate measure that revives a series of expired tax breaks. The spending bill that would fund the government through September 2016 has not bee ... read more


OIL AND GAS
Millet: The missing link in transition from hunter-gatherer to farmer

Plasticulture system offers alternative for cabbage producers

Chinese wineries seek inspiration in foreign cups

Biochar suitable substrate for soilless hydroponic tomatoes

OIL AND GAS
Doped organic semiconductors explored

NIST adds to quantum computing toolkit with mixed-atom logic operations

Spintronics, low-energy electricity take a step closer

A step towards quantum electronics

OIL AND GAS
China Southern Airlines orders 110 planes worth $10 bn from Boeing

Northrop Grumman completes B-2 bomber maintenance

Boeing delivers final Peace Eagle aircraft to Turkey

Orbital ATK secures patent for helicopter protection system

OIL AND GAS
California proposes rules for self-driving cars

Ford to test self-driving cars on California roads

European lawmakers to probe EU role in VW scandal

India's top court bans new diesel cars in capital

OIL AND GAS
Chinese pull plug on French tech park: French official

Mongolia's giant Oyu Tolgoi mine gets $4 bn financing

China joins European development bank

China approves merger of two top shipping firms: Xinhua

OIL AND GAS
Climate stress forces trees to hunker down or press on

Irish police go hi-tech to combat Christmas tree thieves

US forest products in the global economy

N. Korea 'declares war' on deforestation at Paris climate talks

OIL AND GAS
GOES-R: Launching in October 2016

NASA spots phytoplankton bloom in North Atlantic

Ames and Hera Systems Execute Licensing Agreement

Is That a Forest? That Depends on How You Define It

OIL AND GAS
Scientists blueprint tiny cellular 'nanomachine'

Nanoscale one-way-street for light

Microscope creates near-real-time videos of nanoscale processes

New industrial possibilities for nanoporous thin films









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.