Statoil ASA, which has for seven years built a portfolio of prospects in the Chukchi Sea, said Tuesday it would exit Alaska following poor exploration results at a neighboring lease held by Royal Dutch Shell plc.
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Articles from Chukchi
Interior Doesn’t Shut Door on Future Arctic Exploration
The Obama administration on Friday imposed more barriers to explore for oil and natural gas offshore Alaska, angering state officials, legislators and industry groups, but the Department of Interior indicated that it hasn’t ruled out future exploration activity.
Shell Receives Fed’s OK — With Conditions — to Begin Summer Exploration Offshore Alaska
The Department of Interior’s Bureau of Safety and Environmental Enforcement (BSEE) on Wednesday granted a Royal Dutch Shell plc unit conditional approval of two permits for limited exploratory drilling activities in the Chukchi Sea offshore Alaska, but it is limited to drilling only the top sections of wells and barred — for now — from drilling into oil-bearing zones.
Shell Gains Another OK for Chukchi Drilling, One Well At A Time
A unit of Royal Dutch Shell plc has been given the OK to take "small numbers" of polar bears and Pacific walruses incidental to its exploration program this summer in Alaska's Chukchi Sea, but only one well may be drilled at a time.
Shell Gains Another OK for Chukchi Drilling, One Well At A Time
A unit of Royal Dutch Shell plc has been given the OK to take “small numbers” of polar bears and Pacific walruses incidental to its exploration program this summer in Alaska’s Chukchi Sea, but only one well may be drilled at a time.

BOEM Grants Shell Conditional Approval for Chukchi Drilling
The Interior Department's Bureau of Ocean Energy Management gave conditional approval Monday for a subsidiary of Royal Dutch Shell plc to explore…

BOEM Grants Shell Conditional Approval for Chukchi Drilling
The Interior Department’s Bureau of Ocean Energy Management (BOEM) gave conditional approval Monday for a subsidiary of Royal Dutch Shell plc to explore Alaska’s Chukchi Sea and drill up to six offshore wells, after concluding a 30-day review of the project.
Interior Moves to Resolve Legal Claims Over 2008 Chukchi Lease Sale
The Department of the Interior on Thursday moved one step closer to resolving legal concerns regarding the 2008 oil and gas lease sale for the Chukchi Sea offshore Alaska after issuing a final supplemental environmental impact statement (FSEIS).
Shell Revises Chukchi Sea Plan, Could Return Next Summer
Royal Dutch Shell plc on Thursday filed revisions to its previously approved Chukchi Sea Exploration Plan with the Bureau of Ocean Energy Management (BOEM). The company could return to Arctic exploration next year.
Do-Over Readied on Chukchi’s Reserves Potential, Environmental Risks
The Department of Interior may have an updated environmental assessment for the oil and natural gas potential of Alaska’s Chukchi Sea ready by early 2015.