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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...


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Submitted Sep 21, 2012 By: PD
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Author Topic: Shell pushes Arctic oil drilling back to 2013 Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: Sep 29, 2012 10:29:19 AM

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

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Message Posted: Sep 22, 2012 9:48:12 AM

ok
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GAS1251
Champion Author Texas

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Message Posted: Sep 22, 2012 7:13:57 AM

Eagerly awaited
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jrs4125
Champion Author Indiana

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Message Posted: Sep 22, 2012 6:25:43 AM

Alrighty then.
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flsharktooth
Champion Author Jacksonville

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Message Posted: Sep 22, 2012 5:07:34 AM

interesting
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vcsuksu21
Champion Author Oklahoma City

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Message Posted: Sep 22, 2012 5:04:41 AM

Ok
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arinkrat17
Champion Author Twin Cities

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Message Posted: Sep 22, 2012 5:04:33 AM

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

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Message Posted: Sep 22, 2012 5:03:49 AM

Hope they get it together
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no8c
Champion Author Ohio

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Message Posted: Sep 22, 2012 5:02:34 AM

Thanks for posting this article!
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Rick52
Champion Author Milwaukee

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Message Posted: Sep 22, 2012 5:00:44 AM

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

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Message Posted: Sep 22, 2012 4:59:24 AM

Go.
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TXryder
Champion Author Texas

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Message Posted: Sep 22, 2012 4:57:23 AM

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

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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.
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BigDogOH
Champion Author Cincinnati

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Message Posted: Sep 22, 2012 4:53:48 AM

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

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Message Posted: Sep 22, 2012 4:52:48 AM

K
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DavidsChallenge
All-Star Author Louisville

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Message Posted: Sep 22, 2012 4:52:45 AM

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

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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.
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TheeRedRam
Champion Author Hartford

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Message Posted: Sep 22, 2012 4:48:33 AM

Hummm
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padlocks2
Champion Author Virginia

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Message Posted: Sep 22, 2012 4:47:38 AM

Ok
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Petrock
Champion Author Lexington

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Message Posted: Sep 22, 2012 4:47:11 AM

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

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Message Posted: Sep 22, 2012 4:46:50 AM

OK.
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isem
Champion Author Missouri

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Message Posted: Sep 22, 2012 4:46:38 AM

Déjà vu
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bustermoves
Champion Author Fort Worth

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Message Posted: Sep 22, 2012 4:45:12 AM

ok
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Z06KY
Champion Author Louisville

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Message Posted: Sep 22, 2012 4:42:57 AM

Go Shell
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harleydoctor
Champion Author Kansas

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Message Posted: Sep 22, 2012 4:41:56 AM

Just gitterdun.....
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oas
Champion Author Maryland

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Message Posted: Sep 22, 2012 4:41:23 AM

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

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Message Posted: Sep 22, 2012 4:38:17 AM

ok
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BEngr
Champion Author Illinois

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Message Posted: Sep 22, 2012 4:35:50 AM

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

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Message Posted: Sep 22, 2012 4:35:50 AM

ok
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LVNV6ofSpades
Champion Author Las Vegas

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Message Posted: Sep 22, 2012 4:34:31 AM

do it safely
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Blue_Cruzer
Champion Author Lexington

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Message Posted: Sep 22, 2012 4:23:29 AM

Safety first!
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Ferdman17
Champion Author Albany

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Message Posted: Sep 22, 2012 4:18:59 AM

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

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Message Posted: Sep 22, 2012 4:16:18 AM

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

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Message Posted: Sep 22, 2012 4:07:49 AM

yawn
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LogansGasPrices
Champion Author Indiana

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Message Posted: Sep 22, 2012 4:07:38 AM

OK
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Happytalk
Champion Author Pennsylvania

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Message Posted: Sep 22, 2012 3:59:45 AM

old news
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jrschl
Champion Author Louisville

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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.
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pachukdog1
Champion Author Pensacola

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Message Posted: Sep 22, 2012 3:51:53 AM

Nice
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Pozole
Champion Author Portland

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Message Posted: Sep 22, 2012 3:51:25 AM

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

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Message Posted: Sep 22, 2012 3:51:18 AM

Safety first
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cheapertvs
Champion Author Richmond

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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.
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Foxt
Champion Author Minnesota

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Message Posted: Sep 22, 2012 3:49:30 AM

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

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Message Posted: Sep 22, 2012 3:46:43 AM

old news
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racerdj
Champion Author Indianapolis

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Message Posted: Sep 22, 2012 3:46:31 AM

Bad news for supplies now.
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tomok
Champion Author Portland

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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!
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SteveMartin
Champion Author New Orleans

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Message Posted: Sep 22, 2012 3:34:48 AM

k
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ED6
Champion Author Riverside

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Message Posted: Sep 22, 2012 3:31:19 AM

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

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Message Posted: Sep 22, 2012 3:23:56 AM

Old news
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lenasdude
All-Star Author Alaska

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Message Posted: Sep 22, 2012 3:21:53 AM

Strategic withdrawl.
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jci25946
Champion Author Tampa

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Message Posted: Sep 22, 2012 3:20:50 AM

We have too much crude now. Wait and do it right!
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