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Shell Arctic Drilling Plans in Doubt

Rig Zone -- Shell's plans for a second summer of drilling in the Arctic Ocean are in doubt as the company says it must tow its two Arctic drilling rigs to Asian ports for repairs.

Officials of Royal Dutch Shell PLC haven't made a formal decision about drilling in the waters off Alaska's northern coast this summer, but it appears unlikely the Kulluk, a drilling rig owned by Shell and operated by Noble Corp., and the Noble Discoverer, which Shell was leasing, will be able to return before drilling can resume in July.

The Kulluk ran aground on an uninhabited island about 300 miles southwest of Anchorage on Jan. 1 after ships towing it to Seattle for the winter lost control of the rig during a storm. It was freed from the shore and remained afloat, but damage to the hull and electrical systems


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Submitted Feb 12, 2013 By: mastermariner
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Author Topic: Shell Arctic Drilling Plans in Doubt Back to Topics
REPLIES (newest first) Post a Reply
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afghaned
Champion Author Ottawa

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Message Posted: Feb 12, 2013 2:34:29 PM

Big deal!!!
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Spirits
All-Star Author Florida

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Message Posted: Feb 12, 2013 1:02:20 PM

I bet it won't affect prices even when they find the oil.
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tcp23unc
Champion Author Durham

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Message Posted: Feb 12, 2013 11:28:03 AM

Shell tried to tow their drilling rig out of Alaskan waters (and into a storm) to avoid paying Alaskan property taxes on it. Now they have millions in repairs and losses as a result. Corporate greed meets incompetence.

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2granny
Champion Author Michigan

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Message Posted: Feb 12, 2013 11:24:36 AM

I agree, w4kh.
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tes283
All-Star Author Tampa

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Message Posted: Feb 12, 2013 10:45:02 AM

w4h has it right
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w4kh
Champion Author Tennessee

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Message Posted: Feb 12, 2013 10:25:11 AM

I think Shell grossly under-estimated the severity of conditions in the Beaufort and Chukchi Seas, and the logistics of supplying the rigs and maintaining the crews... Shell also grossly OVER-estimated their own abilities in the Arctic.
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MrDeath666
Champion Author Houston

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Message Posted: Feb 12, 2013 10:17:14 AM

Drill baby drill!
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Cuzilla
Champion Author Indianapolis

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Message Posted: Feb 12, 2013 10:10:24 AM

It is a lot cheaper to have them repaired in Asia. Those pesky asians don't think oil is evil. As a matter of fact, they are wiling to pay more for it than we are.
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beekeeper1
Champion Author Indiana

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Message Posted: Feb 12, 2013 10:08:48 AM

Could this be used for another lame excuse to hike prices again?
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gvan
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Message Posted: Feb 12, 2013 10:08:42 AM

"Obama is allowing this?"

And what would you recommend President Obama do? Should he dictate to a private foreign corporation? Should he nationalize oil companies? It's not clear what you want him to do.
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Spankster85
Champion Author Chicago

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Message Posted: Feb 12, 2013 10:05:50 AM

I guess as long as it keeps them in safe working order it's okay.
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heartbroken2010
Champion Author Ottawa

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Message Posted: Feb 12, 2013 10:04:20 AM

capture it & repair it, it will be a nice " tax loss " deduction expense.
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zimowski
Champion Author San Jose

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Message Posted: Feb 12, 2013 10:03:59 AM

It's expensive to drill in an inhospitable environment.
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paulp24
Champion Author Harrisburg

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Message Posted: Feb 12, 2013 10:02:52 AM

They cant repair them here? Really?
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drillintheUSA
Champion Author Rochester

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Message Posted: Feb 12, 2013 10:01:18 AM


Humm. . . drillintheUSA
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dad2two
Champion Author Dallas

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Message Posted: Feb 12, 2013 9:59:39 AM

Interesting article. The rigs are one of a few that can withstand the harsh conditions of the Arctic.
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PackerfanMN
Champion Author Twin Cities

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Message Posted: Feb 12, 2013 9:58:09 AM

Get them repaired and keep the waters clean.
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blitzntj
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Message Posted: Feb 12, 2013 9:55:54 AM

The oil isn't going anywhere
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9C1
Champion Author Chicago

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Message Posted: Feb 12, 2013 9:55:16 AM

There is a glut of oil in the countyr. So why drill in remote locatins now. They will save it for later.
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nanu4u21
Champion Author Orange County

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Message Posted: Feb 12, 2013 9:53:35 AM

This will raise the prices more
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cableman31
Champion Author New York

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Message Posted: Feb 12, 2013 9:53:23 AM

Arctic drilling is not a good idea. The weather is going to be a very costly problem and if ever there is a spill, it will be damn near impossible to clean up.
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BillHeatherL
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Message Posted: Feb 12, 2013 9:52:56 AM

another excuse to raise gas prices
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Costello
Champion Author South Dakota

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Message Posted: Feb 12, 2013 9:52:28 AM

Give them time...
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techque
Champion Author St. Louis

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Message Posted: Feb 12, 2013 9:52:25 AM

Dutch Shell uses Asian ports to repair its rigs so it can drill in US waters !! THIS IS JUST WRONG !!
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RQCraig
Champion Author Texas

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Message Posted: Feb 12, 2013 9:52:13 AM

It will not take them long to make the repairs. There is too much money at stake.
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WIPACKERFAN
Champion Author Chicago

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Message Posted: Feb 12, 2013 9:51:58 AM

Don't drill and then the prices can rise to a better level for them.
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NMRawker
Champion Author New Mexico

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Message Posted: Feb 12, 2013 9:50:13 AM

OP! There you go! The price of a gallon is going to go up even more to pay for the tow and repairs!
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RAKARWOWSKI
Champion Author Chicago

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Message Posted: Feb 12, 2013 9:50:02 AM

Do we really need gas that bad?
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TC5504
Champion Author West Virginia

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Message Posted: Feb 12, 2013 9:49:16 AM

Okay.
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gasmeup52
Champion Author Missouri

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Message Posted: Feb 12, 2013 9:48:34 AM

They will be back. They want the money.
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INBwana
Champion Author Indiana

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Message Posted: Feb 12, 2013 9:48:02 AM


Anything to keep fuel prices high.
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Gascapade
Champion Author Fort Worth

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Message Posted: Feb 12, 2013 9:46:48 AM

Good.....
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TBecker1415
Champion Author Missouri

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Message Posted: Feb 12, 2013 9:46:29 AM

if there's money to be made, they'll be back!
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viperahul
Champion Author Oakland

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Message Posted: Feb 12, 2013 9:46:05 AM

And up goes the gas prices
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albert2008
Champion Author Winnipeg

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Message Posted: Feb 12, 2013 9:45:46 AM

not good
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oppdetcon
Champion Author Ottawa

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Message Posted: Feb 12, 2013 9:45:41 AM

Sorry, we have to increase the price of gas to pay for this...
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YLHandyman
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Message Posted: Feb 12, 2013 9:45:13 AM

Obama is allowing this?
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HATinMUNDY
Champion Author Michigan

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Message Posted: Feb 12, 2013 9:45:00 AM

Sounds like a conspiracy.....
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SUSANCK
Champion Author Chicago

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Message Posted: Feb 12, 2013 9:44:59 AM

Spare the Arctic.
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orphancarguyPE
Champion Author PEI

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Message Posted: Feb 12, 2013 9:44:36 AM

Doubtful they are indeed.
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hvyd1
Champion Author Chicago

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Message Posted: Feb 12, 2013 9:44:04 AM

shell should have a place for the repairs a little closer , ya think ?
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PrepHermit
Champion Author New Jersey

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Message Posted: Feb 12, 2013 9:43:56 AM

Guess who's paying for this tab.
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CAD69
Champion Author Milwaukee

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Message Posted: Feb 12, 2013 9:43:52 AM

They moved their rig to save money!
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MikLamb
Champion Author Texas

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Message Posted: Feb 12, 2013 9:43:51 AM

Ok.
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driveonby1
Champion Author Toledo

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Message Posted: Feb 12, 2013 9:43:26 AM

They'll get there, don't you worry.
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olebufnav
Champion Author Omaha

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Message Posted: Feb 12, 2013 9:43:06 AM

Ouch
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reff5577
Champion Author Illinois

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Message Posted: Feb 12, 2013 9:42:48 AM

ANOTHER ACCIDENT WAITING TO HAPPEN!!!
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freedomsailor
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Message Posted: Feb 12, 2013 9:42:47 AM

Hmmm.
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Mariuxus
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Message Posted: Feb 12, 2013 9:42:44 AM

ok...
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Hangnail309
Champion Author Manitoba

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Message Posted: Feb 12, 2013 9:42:15 AM

inhospitable part of the world up there ...
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