Arctic Well Drills by Shell to Increase Due to Delays

August 3, 2012

Royal Dutch Shell expects to drill 8 wells in the second half of its two-year Arctic exploration program, 3 more than originally planned.

Stubborn ice sheets and permit delays have reduced the amount of time available for Shell to complete the first five wells this year, reports 'Fox Business News'.

Shell, which still plans to drill ten wells in two years, is busy working with the U.S. coastguard to complete a special oil spill containment vessel that is being retrofitted to operate in more challenging conditions.

The Shell spokesman said ice in the Chukchi and Beaufort seas is thicker than it has it has been in more than a decade. The company has previously indicated that it expects to begin drilling sometime in early August.

Source: Fox Business News
 

Logistics News

Turkey Bars Israeli Ships From Its Ports

Turkey Bars Israeli Ships From Its Ports

Eighth Island Class Vessel Joins BC Ferries

Eighth Island Class Vessel Joins BC Ferries

Vattenfall Secures Dutch Base to Support Germany’s Largest Offshore Wind Farm

Vattenfall Secures Dutch Base to Support Germany’s Largest Offshore Wind Farm

Tanker Vessel Market Bends Under Supply and Demand Strains

Tanker Vessel Market Bends Under Supply and Demand Strains

Subscribe for Maritime Logistics Professional E‑News

Caspian Pipeline suspends second mooring after accident
Modi: India is committed to improving ties between China and India
Turkey restricts airspace and ships to Israel