Not Logged In Log In   Sign Up   Points Leaders
Follow Us    1:39 PM

GasBuddy News Article

65
votes
Shell pushes Arctic oil drilling back to 2013

GasBuddy Blog -- Earlier this week Shell Oil announced that it was forced to put off completing wells in the Alaskan Arctic for another year after a spill containment dome was damaged during testing.

Shell says it will continue to perform preliminary work on wells in the region but it will not be able to drill for oil there until the summer of 2013.

Analysts say it's a significant setback for Shell's six-year, $4.5 billion effort to access Arctic oil. According to the New York Times, Shell's inability to control containment equipment in calm water under predictable test conditions suggest that the company may not be able to stop a sudden leak if less favorable conditions arose; i.e., powerful ice floes, gusty winds that complicate a...


Read the Full Article

Submitted Sep 21, 2012 By: PD
Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: Shell pushes Arctic oil drilling back to 2013 Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
honda0105
Champion Author Tallahassee

Posts:22,993
Points:2,223,190
Joined:Nov 2008
Message Posted: Sep 29, 2012 10:29:19 AM

hope they learned from BP and Exxon's failures and mistakes.
Profile Pic
sts808
Veteran Author Honolulu

Posts:361
Points:51,890
Joined:Jun 2012
Message Posted: Sep 22, 2012 9:48:12 AM

ok
Profile Pic
GAS1251
Champion Author Texas

Posts:7,796
Points:2,239,450
Joined:Jun 2008
Message Posted: Sep 22, 2012 7:13:57 AM

Eagerly awaited
Profile Pic
jrs4125
Champion Author Indiana

Posts:4,832
Points:1,190,920
Joined:Sep 2011
Message Posted: Sep 22, 2012 6:25:43 AM

Alrighty then.
Profile Pic
flsharktooth
Champion Author Jacksonville

Posts:1,479
Points:1,152,375
Joined:Apr 2011
Message Posted: Sep 22, 2012 5:07:34 AM

interesting
Profile Pic
vcsuksu21
Champion Author Oklahoma City

Posts:2,543
Points:964,085
Joined:Dec 2010
Message Posted: Sep 22, 2012 5:04:41 AM

Ok
Profile Pic
arinkrat17
Champion Author Twin Cities

Posts:8,821
Points:1,939,735
Joined:Aug 2009
Message Posted: Sep 22, 2012 5:04:33 AM

excuse to not to have a shortage so prices can stay high
Profile Pic
D4444J
Champion Author Albuquerque

Posts:4,418
Points:1,188,910
Joined:Aug 2011
Message Posted: Sep 22, 2012 5:03:49 AM

Hope they get it together
Profile Pic
no8c
Champion Author Ohio

Posts:4,982
Points:1,289,590
Joined:Jul 2008
Message Posted: Sep 22, 2012 5:02:34 AM

Thanks for posting this article!
Profile Pic
Rick52
Champion Author Milwaukee

Posts:14,994
Points:1,802,365
Joined:Mar 2005
Message Posted: Sep 22, 2012 5:00:44 AM

The Price of Oil makes it less profitable...Not the BS Excuse they say..
Profile Pic
grandpadon28110
Champion Author Charlotte

Posts:7,353
Points:1,751,960
Joined:Sep 2008
Message Posted: Sep 22, 2012 4:59:24 AM

Go.
Profile Pic
TXryder
Champion Author Texas

Posts:5,810
Points:1,032,555
Joined:Jan 2012
Message Posted: Sep 22, 2012 4:57:23 AM

could care less no money out of my pockets
Profile Pic
Piper0072
Champion Author Rochester

Posts:2,743
Points:965,915
Joined:Jun 2008
Message Posted: Sep 22, 2012 4:55:30 AM

Everybody "pisses & moans" about Big Oil profits while forgetting about the amount of money spent on R&D, not to mention how many jobs they create.
Profile Pic
BigDogOH
Champion Author Cincinnati

Posts:11,142
Points:2,420,510
Joined:Mar 2008
Message Posted: Sep 22, 2012 4:53:48 AM

Wateing to see if obummer is re elected
Profile Pic
GatorDone
Champion Author Savannah

Posts:5,012
Points:2,534,740
Joined:Feb 2006
Message Posted: Sep 22, 2012 4:52:48 AM

K
Profile Pic
DavidsChallenge
All-Star Author Louisville

Posts:635
Points:125,805
Joined:Aug 2012
Message Posted: Sep 22, 2012 4:52:45 AM

We have plenty of oil we just need new refineries that work.
Profile Pic
pbear316
Champion Author Akron

Posts:4,620
Points:1,287,540
Joined:Apr 2011
Message Posted: Sep 22, 2012 4:52:23 AM

Maybe a different company could do better. At least they are catching the problem before it happens.
Profile Pic
TheeRedRam
Champion Author Hartford

Posts:5,697
Points:1,280,370
Joined:Jun 2011
Message Posted: Sep 22, 2012 4:48:33 AM

Hummm
Profile Pic
padlocks2
Champion Author Virginia

Posts:3,062
Points:622,030
Joined:Aug 2006
Message Posted: Sep 22, 2012 4:47:38 AM

Ok
Profile Pic
Petrock
Champion Author Lexington

Posts:11,768
Points:3,171,085
Joined:Apr 2005
Message Posted: Sep 22, 2012 4:47:11 AM

Perhaps they are planning higher oil prices in 2013? Wouldn't surprise me!
Profile Pic
AvantiMick
Champion Author Indiana

Posts:15,316
Points:3,145,360
Joined:Dec 2005
Message Posted: Sep 22, 2012 4:46:50 AM

OK.
Profile Pic
isem
Champion Author Missouri

Posts:4,564
Points:1,036,590
Joined:Feb 2012
Message Posted: Sep 22, 2012 4:46:38 AM

Déjà vu
Profile Pic
bustermoves
Champion Author Fort Worth

Posts:3,470
Points:690,625
Joined:Apr 2010
Message Posted: Sep 22, 2012 4:45:12 AM

ok
Profile Pic
Z06KY
Champion Author Louisville

Posts:7,822
Points:1,516,670
Joined:Nov 2010
Message Posted: Sep 22, 2012 4:42:57 AM

Go Shell
Profile Pic
harleydoctor
Champion Author Kansas

Posts:9,992
Points:2,541,785
Joined:Sep 2005
Message Posted: Sep 22, 2012 4:41:56 AM

Just gitterdun.....
Profile Pic
oas
Champion Author Maryland

Posts:6,861
Points:2,752,065
Joined:Feb 2005
Message Posted: Sep 22, 2012 4:41:23 AM

Just make sure it is done right.
Profile Pic
don10
Champion Author North Carolina

Posts:4,251
Points:924,000
Joined:Jun 2012
Message Posted: Sep 22, 2012 4:38:17 AM

ok
Profile Pic
BEngr
Champion Author Illinois

Posts:9,404
Points:2,185,065
Joined:May 2008
Message Posted: Sep 22, 2012 4:35:50 AM

I liked it when Shell takes the extra safety measures.
Profile Pic
4bobux
Champion Author Peoria

Posts:3,832
Points:943,135
Joined:Mar 2012
Message Posted: Sep 22, 2012 4:35:50 AM

ok
Profile Pic
LVNV6ofSpades
Champion Author Las Vegas

Posts:1,624
Points:362,560
Joined:Apr 2008
Message Posted: Sep 22, 2012 4:34:31 AM

do it safely
Profile Pic
Blue_Cruzer
Champion Author Lexington

Posts:8,894
Points:1,942,465
Joined:Mar 2007
Message Posted: Sep 22, 2012 4:23:29 AM

Safety first!
Profile Pic
Ferdman17
Champion Author Albany

Posts:3,769
Points:980,080
Joined:Feb 2012
Message Posted: Sep 22, 2012 4:18:59 AM

I agree They are trying to do it the right way
Profile Pic
mrjames1818
Champion Author New Jersey

Posts:4,193
Points:2,608,920
Joined:Mar 2004
Message Posted: Sep 22, 2012 4:16:18 AM

At least they are trying to do it the right way.
Profile Pic
leeso1
Champion Author San Diego

Posts:10,257
Points:1,978,520
Joined:May 2009
Message Posted: Sep 22, 2012 4:07:49 AM

yawn
Profile Pic
LogansGasPrices
Champion Author Indiana

Posts:1,978
Points:1,553,920
Joined:Sep 2005
Message Posted: Sep 22, 2012 4:07:38 AM

OK
Profile Pic
Happytalk
Champion Author Pennsylvania

Posts:4,753
Points:1,190,590
Joined:May 2010
Message Posted: Sep 22, 2012 3:59:45 AM

old news
Profile Pic
jrschl
Champion Author Louisville

Posts:5,604
Points:1,294,390
Joined:Jun 2011
Message Posted: Sep 22, 2012 3:59:12 AM

Do it right the first time. We can't afford these screw ups with the environment or the commodity.
Profile Pic
pachukdog1
Champion Author Pensacola

Posts:2,161
Points:780,180
Joined:Jan 2012
Message Posted: Sep 22, 2012 3:51:53 AM

Nice
Profile Pic
Pozole
Champion Author Portland

Posts:16,598
Points:2,207,845
Joined:Mar 2005
Message Posted: Sep 22, 2012 3:51:25 AM

...NO ARCTIC DRILLING !...
Profile Pic
hubcapLA
Champion Author Louisiana

Posts:3,905
Points:940,435
Joined:Apr 2009
Message Posted: Sep 22, 2012 3:51:18 AM

Safety first
Profile Pic
cheapertvs
Champion Author Richmond

Posts:13,018
Points:3,355,045
Joined:Jan 2004
Message Posted: Sep 22, 2012 3:49:36 AM

Shell is pushing back the Arctic oil drilling based on the economics of not drilling during the winter in the Arctic. Their move is actually part of a well thought out plan.
Profile Pic
Foxt
Champion Author Minnesota

Posts:7,843
Points:2,626,555
Joined:Jul 2006
Message Posted: Sep 22, 2012 3:49:30 AM

Taking time out to consider safety? Doesn't sound like any oil company I know.
Profile Pic
twobroke61
Champion Author Michigan

Posts:11,015
Points:2,198,365
Joined:Sep 2008
Message Posted: Sep 22, 2012 3:46:43 AM

old news
Profile Pic
racerdj
Champion Author Indianapolis

Posts:12,420
Points:2,668,600
Joined:Jun 2003
Message Posted: Sep 22, 2012 3:46:31 AM

Bad news for supplies now.
Profile Pic
tomok
Champion Author Portland

Posts:43,936
Points:2,958,835
Joined:Aug 2006
Message Posted: Sep 22, 2012 3:34:50 AM

'.....it was forced to put off completing wells in the Alaskan Arctic for another year after a spill containment dome was damaged during testing.'
Better safe than sorry! Summer of 2013 is better than doing something in haste and something really bad goes wrong (Don't Do a BP!). Make sure ALL of your equipment is operating correctly and safely. NO oil spills or black ice wanted or needed! All SOP's are adhered to, there is an emergency 'Plan of Action' in force for workers and their safety And an oil spill team, equipment and containment ready to be used if needed.
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, has a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
12/22/2012!
Profile Pic
SteveMartin
Champion Author New Orleans

Posts:6,888
Points:1,469,435
Joined:May 2008
Message Posted: Sep 22, 2012 3:34:48 AM

k
Profile Pic
ED6
Champion Author Riverside

Posts:10,761
Points:2,102,010
Joined:Jul 2007
Message Posted: Sep 22, 2012 3:31:19 AM

Eventually, it will be able to.
Profile Pic
Ebaz
Champion Author Oklahoma City

Posts:4,820
Points:1,141,150
Joined:Apr 2011
Message Posted: Sep 22, 2012 3:23:56 AM

Old news
Profile Pic
lenasdude
All-Star Author Alaska

Posts:970
Points:1,020,880
Joined:Jun 2005
Message Posted: Sep 22, 2012 3:21:53 AM

Strategic withdrawl.
Profile Pic
jci25946
Champion Author Tampa

Posts:5,833
Points:1,551,250
Joined:Jan 2006
Message Posted: Sep 22, 2012 3:20:50 AM

We have too much crude now. Wait and do it right!
Post a reply Back to Topics