Arctic Drilling Future Now Rests On One Well
By Charles Kennedy: Wed, 01 July 2015
Royal Dutch Shell is nearing a start to drilling in the Arctic, but has run into some hiccups.
The U.S. government decided that Shell cannot actually drill both of its wells in the Chukchi Sea as planned. The Interior Department said that doing so would run afoul of its rules that protect marine life. According to those regulations, which were issued in 2013, exploration companies cannot drill two wells within 15 miles of each other. Shell had planned to drill two wells in the Burger prospect within a 9 mile range.
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