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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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honda0105 Champion Author Tallahassee Posts:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Sep 29, 2012 10:29:19 AM Ignore honda0105 Report Abuse hope they learned from BP and Exxon's failures and mistakes.
sts808 Veteran Author Honolulu Posts:361 Points:51,890 Joined:Jun 2012	Message Posted: Sep 22, 2012 9:48:12 AM Ignore sts808 Report Abuse ok
GAS1251 Champion Author Texas Posts:5,148 Points:1,626,230 Joined:Jun 2008	Message Posted: Sep 22, 2012 7:13:57 AM Ignore GAS1251 Report Abuse Eagerly awaited
jrs4125 Champion Author Indiana Posts:2,753 Points:590,770 Joined:Sep 2011	Message Posted: Sep 22, 2012 6:25:43 AM Ignore jrs4125 Report Abuse Alrighty then.
flsharktooth All-Star Author Jacksonville Posts:898 Points:618,975 Joined:Apr 2011	Message Posted: Sep 22, 2012 5:07:34 AM Ignore flsharktooth Report Abuse interesting
vcsuksu21 Champion Author Oklahoma City Posts:2,468 Points:705,930 Joined:Dec 2010	Message Posted: Sep 22, 2012 5:04:41 AM Ignore vcsuksu21 Report Abuse Ok
arinkrat17 Champion Author Twin Cities Posts:6,285 Points:1,331,345 Joined:Aug 2009	Message Posted: Sep 22, 2012 5:04:33 AM Ignore arinkrat17 Report Abuse excuse to not to have a shortage so prices can stay high
D4444J Champion Author Albuquerque Posts:1,834 Points:587,905 Joined:Aug 2011	Message Posted: Sep 22, 2012 5:03:49 AM Ignore D4444J Report Abuse Hope they get it together
no8c Champion Author Ohio Posts:2,804 Points:704,850 Joined:Jul 2008	Message Posted: Sep 22, 2012 5:02:34 AM Ignore no8c Report Abuse Thanks for posting this article!
Rick52 Champion Author Milwaukee Posts:12,029 Points:1,198,645 Joined:Mar 2005	Message Posted: Sep 22, 2012 5:00:44 AM Ignore Rick52 Report Abuse The Price of Oil makes it less profitable...Not the BS Excuse they say..
grandpadon28110 Champion Author Charlotte Posts:4,716 Points:1,142,310 Joined:Sep 2008	Message Posted: Sep 22, 2012 4:59:24 AM Ignore grandpadon28110 Report Abuse Go.
TXryder Champion Author Texas Posts:2,709 Points:432,730 Joined:Jan 2012	Message Posted: Sep 22, 2012 4:57:23 AM Ignore TXryder Report Abuse could care less no money out of my pockets
Piper0072 All-Star Author Rochester Posts:906 Points:380,830 Joined:Jun 2008	Message Posted: Sep 22, 2012 4:55:30 AM Ignore Piper0072 Report Abuse 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.
BigDogOH Champion Author Cincinnati Posts:8,503 Points:1,807,820 Joined:Mar 2008	Message Posted: Sep 22, 2012 4:53:48 AM Ignore BigDogOH Report Abuse Wateing to see if obummer is re elected
GatorDone Champion Author Savannah Posts:2,401 Points:1,988,055 Joined:Feb 2006	Message Posted: Sep 22, 2012 4:52:48 AM Ignore GatorDone Report Abuse K
DavidsChallenge All-Star Author Louisville Posts:635 Points:125,805 Joined:Aug 2012	Message Posted: Sep 22, 2012 4:52:45 AM Ignore DavidsChallenge Report Abuse We have plenty of oil we just need new refineries that work.
pbear316 Champion Author Akron Posts:2,030 Points:677,140 Joined:Apr 2011	Message Posted: Sep 22, 2012 4:52:23 AM Ignore pbear316 Report Abuse Maybe a different company could do better. At least they are catching the problem before it happens.
TheeRedRam Champion Author Hartford Posts:3,158 Points:672,410 Joined:Jun 2011	Message Posted: Sep 22, 2012 4:48:33 AM Ignore TheeRedRam Report Abuse Hummm
padlocks2 Champion Author Virginia Posts:3,062 Points:621,880 Joined:Aug 2006	Message Posted: Sep 22, 2012 4:47:38 AM Ignore padlocks2 Report Abuse Ok
Petrock Champion Author Lexington Posts:9,123 Points:2,557,760 Joined:Apr 2005	Message Posted: Sep 22, 2012 4:47:11 AM Ignore Petrock Report Abuse Perhaps they are planning higher oil prices in 2013? Wouldn't surprise me!
AvantiMick Champion Author Indiana Posts:12,742 Points:2,542,545 Joined:Dec 2005	Message Posted: Sep 22, 2012 4:46:50 AM Ignore AvantiMick Report Abuse OK.
isem Champion Author Missouri Posts:1,926 Points:423,185 Joined:Feb 2012	Message Posted: Sep 22, 2012 4:46:38 AM Ignore isem Report Abuse Déjà vu
bustermoves Champion Author Fort Worth Posts:3,470 Points:690,625 Joined:Apr 2010	Message Posted: Sep 22, 2012 4:45:12 AM Ignore bustermoves Report Abuse ok
Z06KY Champion Author Louisville Posts:5,145 Points:905,715 Joined:Nov 2010	Message Posted: Sep 22, 2012 4:42:57 AM Ignore Z06KY Report Abuse Go Shell
harleydoctor Champion Author Kansas Posts:7,345 Points:1,928,585 Joined:Sep 2005	Message Posted: Sep 22, 2012 4:41:56 AM Ignore harleydoctor Report Abuse Just gitterdun.....
oas Champion Author Maryland Posts:4,230 Points:2,141,415 Joined:Feb 2005	Message Posted: Sep 22, 2012 4:41:23 AM Ignore oas Report Abuse Just make sure it is done right.
don10 Champion Author North Carolina Posts:1,522 Points:309,380 Joined:Jun 2012	Message Posted: Sep 22, 2012 4:38:17 AM Ignore don10 Report Abuse ok
BEngr Champion Author Illinois Posts:6,711 Points:1,580,015 Joined:May 2008	Message Posted: Sep 22, 2012 4:35:50 AM Ignore BEngr Report Abuse I liked it when Shell takes the extra safety measures.
4bobux Champion Author Peoria Posts:1,962 Points:409,230 Joined:Mar 2012	Message Posted: Sep 22, 2012 4:35:50 AM Ignore 4bobux Report Abuse ok
LVNV6ofSpades Champion Author Las Vegas Posts:1,624 Points:362,260 Joined:Apr 2008	Message Posted: Sep 22, 2012 4:34:31 AM Ignore LVNV6ofSpades Report Abuse do it safely
Blue_Cruzer Champion Author Lexington Posts:7,515 Points:1,668,610 Joined:Mar 2007	Message Posted: Sep 22, 2012 4:23:29 AM Ignore Blue_Cruzer Report Abuse Safety first!
Ferdman17 Champion Author Albany Posts:1,283 Points:374,310 Joined:Feb 2012	Message Posted: Sep 22, 2012 4:18:59 AM Ignore Ferdman17 Report Abuse I agree They are trying to do it the right way
mrjames1818 Champion Author New Jersey Posts:1,545 Points:1,998,095 Joined:Mar 2004	Message Posted: Sep 22, 2012 4:16:18 AM Ignore mrjames1818 Report Abuse At least they are trying to do it the right way.
leeso1 Champion Author San Diego Posts:7,611 Points:1,373,100 Joined:May 2009	Message Posted: Sep 22, 2012 4:07:49 AM Ignore leeso1 Report Abuse yawn
LogansGasPrices Champion Author Indiana Posts:1,639 Points:1,039,640 Joined:Sep 2005	Message Posted: Sep 22, 2012 4:07:38 AM Ignore LogansGasPrices Report Abuse OK
Happytalk Champion Author Pennsylvania Posts:2,135 Points:577,115 Joined:May 2010	Message Posted: Sep 22, 2012 3:59:45 AM Ignore Happytalk Report Abuse old news
jrschl Champion Author Louisville Posts:2,962 Points:680,090 Joined:Jun 2011	Message Posted: Sep 22, 2012 3:59:12 AM Ignore jrschl Report Abuse Do it right the first time. We can't afford these screw ups with the environment or the commodity.
pachukdog1 Champion Author Pensacola Posts:1,742 Points:377,275 Joined:Jan 2012	Message Posted: Sep 22, 2012 3:51:53 AM Ignore pachukdog1 Report Abuse Nice
Pozole Champion Author Portland Posts:9,596 Points:1,594,520 Joined:Mar 2005	Message Posted: Sep 22, 2012 3:51:25 AM Ignore Pozole Report Abuse ...NO ARCTIC DRILLING !...
hubcapLA Champion Author Louisiana Posts:3,905 Points:940,435 Joined:Apr 2009	Message Posted: Sep 22, 2012 3:51:18 AM Ignore hubcapLA Report Abuse Safety first
cheapertvs Champion Author Richmond Posts:10,285 Points:2,741,720 Joined:Jan 2004	Message Posted: Sep 22, 2012 3:49:36 AM Ignore cheapertvs Report Abuse 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.
Foxt Champion Author Minnesota Posts:5,260 Points:2,020,330 Joined:Jul 2006	Message Posted: Sep 22, 2012 3:49:30 AM Ignore Foxt Report Abuse Taking time out to consider safety? Doesn't sound like any oil company I know.
twobroke61 Champion Author Michigan Posts:8,380 Points:1,588,960 Joined:Sep 2008	Message Posted: Sep 22, 2012 3:46:43 AM Ignore twobroke61 Report Abuse old news
racerdj Champion Author Indianapolis Posts:9,815 Points:2,055,825 Joined:Jun 2003	Message Posted: Sep 22, 2012 3:46:31 AM Ignore racerdj Report Abuse Bad news for supplies now.
tomok Champion Author Portland Posts:33,000 Points:2,345,510 Joined:Aug 2006	Message Posted: Sep 22, 2012 3:34:50 AM Ignore tomok Report Abuse '.....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!
SteveMartin Champion Author New Orleans Posts:4,428 Points:885,415 Joined:May 2008	Message Posted: Sep 22, 2012 3:34:48 AM Ignore SteveMartin Report Abuse k
ED6 Champion Author Riverside Posts:9,484 Points:1,851,130 Joined:Jul 2007	Message Posted: Sep 22, 2012 3:31:19 AM Ignore ED6 Report Abuse Eventually, it will be able to.
Ebaz Champion Author Oklahoma City Posts:3,241 Points:714,335 Joined:Apr 2011	Message Posted: Sep 22, 2012 3:23:56 AM Ignore Ebaz Report Abuse Old news
lenasdude All-Star Author Alaska Posts:970 Points:1,014,855 Joined:Jun 2005	Message Posted: Sep 22, 2012 3:21:53 AM Ignore lenasdude Report Abuse Strategic withdrawl.
jci25946 Champion Author Tampa Posts:3,266 Points:939,790 Joined:Jan 2006	Message Posted: Sep 22, 2012 3:20:50 AM Ignore jci25946 Report Abuse We have too much crude now. Wait and do it right!