The Final Frontier? Arctic Drilling Gets Serious
Shell made headlines in May when the Bureau of Safety and Environmental Enforcement (BSEE) approved its oil response plan for its exploratory program in the Chukchi and Beaufort Seas. Shell awaits drilling permits from the BSEE to start drilling for oil. While waiting for approval, Shell has been testing its new oil spill containment system.
The supermajor had hoped to start drilling by July, but heavy polar ice is postponing drilling to August, which does not give the operator much time. Shell plans to wrap up exploratory drilling by September 24 in the Chukchi Sea and October 31 in the Beaufort Sea.