Sept. 9, 2012, 11:06 a.m. EDT
By Angel Gonzalez
After a six-year wait and clearing countless hurdles, Royal Dutch Shell PLC’s U.S. unit said it began drilling in Alaska’s Chukchi Sea on Sunday.
This is the first time in more than two decades that the oil industry gets access to the U.S. offshore Arctic. If successful, Shell’s foray could pave the way for the exploitation of one of the world’s last oil frontiers.
Shell’s bid to tap the Arctic’s vaunted offshore oil and gas riches has met with resistance from environmentalists, strict scrutiny from cautious regulators and persistent sea ice. Now the Anglo-Dutch oil giant must cram as much drilling activity as it can in a short window that lasts through late September in the Chukchi Sea and late October in the Beaufort Sea, depending on weather forecasts.
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