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Shell asks Alaska regulators for more time to find partners for North Slope prospect

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Shell asks Alaska regulators for more time to find partners for North Slope prospect

Shell Offshore is asking Alaska regulators for more time to find partners to explore a remote North Slope prospect.

In Oct. 6 filings recently posted to the division’s website, attorneys representing the subsidiary of Royal Dutch Shell asked Division of Oil and Gas officials for an extra year to secure a new operator for exploring the oil giant’s West Harrison Bay Unit.

Oil and Gas officials last December approved formation of the West Harrison Bay Unit in state waters of the Beaufort Sea, north of ConocoPhillips’ $6 billion Willow oil project, as well as a multi-year exploration plan for the area. The exploration plan at the time called for Shell to bring in partners to spread out the costs and risks of drilling the area. That included finding a company willing to take on the operator role for the West Harrison Bay Unit by the end of 2021. Shell is proposing that deadline be pushed back to Dec. 31, 2022.

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