Posts under ‘Conoco Phillips’

Three Oil Giants Suspend Chukchi and Beaufort Sea Drilling Plans Royal Dutch Shell started the trend by nixing its 2013 Arctic offshore drilling plans altogether because of equipment problems, the company announced on February 27. About a week later, Norwegian conglomerate Statoil said it would hold off on drilling until at least 2014. Most recently, [...]

By Reuters | 18 Apr, 2013, 08.41PM IST Noble Corp, owner of the world’s third-largest offshore drilling fleet, said on Thursday Royal Dutch Shell Plc was in talks to extend its contract to use the Noble Discoverer beyond February 2014, underlining its long-term plans for the offshore Arctic. The Discoverer is undergoing repairs in South [...]

A version of this article appeared April 15, 2013, on page R6 in the U.S. edition of The Wall Street Journal, EXTRACT In the bureau’s 2012-17 plan, the Arctic waters of the Beaufort and Chukchi seas off Alaska are the chief areas slated for expanded leasing outside the Gulf. Environmental groups fear that drilling in [...]

To Reinvigorate Production, Alaska Grants a Tax Break to Oil Companies By CLIFFORD KRAUSS: A version of this article appeared in print on April 16, 2013, on page B3 of the New York edition Hoping to reverse two decades of declining oil production in Alaska, the State Legislature in Juneau has granted oil companies an [...]

SPECULATION BY AN OFFSHORE DRILLING EXPERT  RE: ConocoPhillips delays 2014 Arctic marine drilling   The rules for working in Alaska require two rigs in the area for drilling to take place, so that in the event of an emergency and the loss of one rig, another rig is available to drill a relief well.   [...]

By DAN JOLING, Associated Press 10 April 2013 ANCHORAGE, Alaska (AP) — ConocoPhillips Alaska announced Wednesday it will not drill in Arctic waters off Alaska’s northwest shore in 2014. Environmental groups hailed the decision and said the experience of Royal Dutch Shell PLC in 2012 demonstrated that oil companies are not prepared to drill in [...]

By Jennifer A. Dlouhy, Washington Bureau Published 7:29 pm, Friday, April 5, 2013 Lessons learned from Shell’s problem-plagued 2012 Arctic drilling operations will apply not just to that company’s future work in the Chukchi and Beaufort seas, but to Houston-based ConocoPhillips and other firms with leases in those waters, Interior Secretary Ken Salazar says. That could [...]

20 March 2013 DRILLING for oil in the Arctic could get a lot tougher. The US is considering strict rules to protect the fragile polar environment, after a report found Shell tried to drill there while underprepared. Shell attempted to drill exploratory wells in the Beaufort and Chukchi seas last year, but ran into problems: [...]

Selection of links to Shell related articles kindly supplied by a regular contributor Big oil tries to make amends for missing another big boom: Quartz-by Steve LeVine-The absence of Big Oil–BP, Chevron, Exxon and Shell; Total is a quasi super-major–from East Africa may seem odd. Analysts say that, taken … Why the war in Iraq [...]

Selection of links to Shell related articles kindly supplied by a regular contributor Multiple contamination law suits against Shell in 2012: Breaking News Trinidad and Tobago-Shell Oil Company (including subsidiaries and affiliates, referred to collectively as SOC), along with numerous other defendants, has been … Russia adopts Texas drilling to revive Soviet oil fields: FuelFix [...]

“We’re not going to bring up a 30-year-old piece of equipment,” said Mike Faust, ConocoPhillips’ Chukchi program manager, during the meeting in Anchorage. By gCaptain Staff On March 8, 2013 ConocoPhillips on Thursday revealed that it is moving ahead with plans to drill up to two exploratory wells in Alaska’s arctic waters in 2014 where [...]

How come that nobody dared say what everyone in the world saw (thanks to the Donovans) that you simply cannot go to this most sensitive area in the world with a couple of old rustbuckets? The timing of the most recent Shell reorganisation to buckets and superbuckets was very opportune. I wonder if there now [...]

Selection of links to Shell related articles kindly supplied by a regular contributor The Race For California’s Shale Is On!: Daily Reckoning-Natural gas is plentiful and oil is coming to the surface, more each day. … Indeed, if New York goes the way of shale, the road may be paved for California. … characters include: [...]

Selection of links to Shell related articles kindly supplied by a regular contributor ExxonMobil Witness in Trial Says MTBE Raised Cancer Risk: Bloomberg: Shell Oil Co., Sunoco Inc., ConocoPhillips (COP), Irving Oil Ltd., Vitol SA and Hess Corp. settled before the trial began. The New Hampshire … Five reasons the Keystone XL pipeline is bad [...]

Alex DeMarban | Jan 20, 2013 Perhaps more important than the clamor of environmentalists, the grandstanding of politicians, or the blunders of Royal Dutch Shell‘s own making is how long oil prices will remain high enough to support Arctic exploration in northern Alaska’s Beaufort and Chukchi seas. Not long, believes one analyst watching the clouds [...]