Search Results for arctic
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Expert Insight

Drilling in the Arctic

Author(s): Robert Grant
Director of International Public Policy and Advocacy
Global Innovation Policy Center, U.S. Chamber of Commerce
Date: July 28, 2015 at 8:00 AM

In June, Shell kicked off its controversial Arctic program to conduct exploratory operations in the Chukchi Sea and the Arctic Ocean. Shell plans to drill two wells beginning in August 2015, when ice clears. Shell initially purchased leases to drill in the Arctic in February 2008 from the Bush Administration’s Interior Department, leases that have been repeatedly endorsed by the Obama Administration, most recently in March 2015. The success or failure of these operations could significantly affect future efforts to explore for hydrocarbons in the region. Shell previously abandoned its Arctic exploration program in the 1990s due to high comparative… [more]

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The New Geopolitics of Petroleum and Natural Gas: How Will the Tight Oil Boom Affect the Prospects for Arctic and Ultra-Deepwater Oil Development?

Author(s): David Rosner
Associate Director for Energy Security
Bipartisan Policy Center
Date: April 17, 2014 at 9:00 AM has partnered with the Bipartisan Policy Center for Navigating the Oil Frontier: The Implications of the Tight Oil Boom on Arctic and Ultra-Deepwater Oil Development, to be held Monday April 21st at the Washington Court Hotel. This discussion is a digital extension of that event. With the onset of the U.S. tight oil boom, the growth of Canadian oil sands production, and the prospects for expanded Mexican oil production, expectations about future oil supply have shifted from traditional OPEC oil producers to countries whose oil production had previously been declining.  The reduction of Arctic ice and development of deep-water… [more]

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What Are the Costs and Benefits of Offshore Drilling in the Arctic?


Date: April 2, 2013 at 1:51 PM

The increased focus on oil and gas exploration in the Arctic has identified numerous issues. Oil and gas exploration is a significant challenge for policy makers at all levels of government. In the recent Review of Shell’s 2012 Alaska Offshore Oil and Gas Exploration Program, the Department of Interior identified seven critical principles for safe and responsible offshore drilling, including improved management of contractors and integrated government oversight. It has been noted that with the substantial oil and gas resources believed to exist in the Arctic, geopolitical considerations will greatly impact domestic policy. A Center for Climate and Energy Solutions… [more]

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