Shell Suspends Arctic Drilling Plan for 2013
The troubles that roiled Shell’s rig, the Kulluk, off the coast of Alaska this past winter will reverberate through the summer; the oil company announced today it would not seek to drill in U.S. Arctic waters in 2013. (Related: “In Kulluk’s Wake, Deeper Debate Roils on Arctic Drilling“)
“We’ve made progress in Alaska, but this is a long-term programme that we are pursuing in a safe and measured way,” said Marvin Odum, director of Shell’s Upstream Americas division. “Our decision to pause in 2013 will give us time to ensure the readiness of all our equipment and people following the drilling season in 2012.”
Shell never drilled into oil-bearing formations in the Arctic last year, but completed top-hole drilling on