BOEM conditionally approves Shell's Chukchi Sea exploration plan

12/26/2011
The US Bureau of Ocean Energy Management conditionally approved Shell Gulf of Mexico Inc.'s revised exploration plan for its leases in the Chukchi Sea off Alaska on Dec. 16. Shell and Alaska government officials immediately questioned the necessity of one condition that would shorten the drilling season there. A Shell Alaska spokesman said the conditional approval was an important step in the company's effort to start drilling its Chukchi Sea leases—which it acquired in a 2008 sale—in July 2012. The company is still evaluating the approval's conditions, including the one that potentially limits the drilling season, he said. "We are concerned this unwarranted restriction could severel...
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