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June 27, 2012 08:05 pm

Oil Exploration Ramps Up In US Arctic


ananyo writes "A new round of exploratory oil drilling is due to begin in the Arctic this July. The oil giant Shell was granted permission some months ago by the U.S. government to drill two exploratory wells in the Beaufort Sea and three in the Chukchi Sea, both north of Alaska, this year — between 15 July and late September. The project is finally coming to fruition after years spent fighting legal challenges. It will be the first oil-exploration program to run in U.S. Arctic waters since 2000, and could mark the start of the first offshore commercial drilling in the American north, although it would take another decade to establish production wells."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/FeTlAG0fTxY/oil-exploration-ramps-up-in-us-arctic

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