US Arctic drilling regulations finalized
Monday, July 11, 2016
[Shell Oil’s Polar Pioneer Arctic Drilling Rig – West Seattle, Seattle, Washington by Chas Redmond from Seattle WA, USA (IMG_2552) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons]
On July 7, the U.S. Department of the Interior announced final regulations for U.S. Arctic Outer Continental Shelf drilling.
Reuters reports that the regulations established safety standards for exploratory drilling, while also maintaining safe environmental standards.
Last year, Royal Dutch Shell withdrew its Arctic drilling plans after not finding enough oil and natural gas reserves in the Chukchi Sea.
Read more: Reuters > U.S. finalizes Arctic energy development regulation
More about Arctic drilling:
- Shell suspends Arctic oil and gas exploration – Sept. 29, 2015
- Shell begins exploratory drilling in Arctic – Aug. 6, 2015
- Could Arctic Ocean drilling benefit Ohio? – June 3, 2015
- Hilcorp sizes up Arctic drilling opportunity – Jan. 12, 2015
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