Energy and Environment

Shell to stop Arctic drilling after disappointing results

By Kyle Feldscher
Published September 28, 2015 12:15pm ET
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Shell to stop Arctic drilling after disappointing results
Royal Dutch Shell PLC icebreaker Fennica heads upriver in Portland, Ore. Royal Dutch Shell will cease exploration in Arctic waters off Alaska's coast following disappointing results from an exploratory well backed by billions in investment and years of work. (AP Photo/Don Ryan) | Don Ryan

A little more than a month after getting permission from President Obama, Shell announced Monday it will cease drilling in the Arctic after disappointing results.

In a statement released Monday morning, the company announced drilling to 6,800 feet in the Burger J well, about 150 miles from Barrow, Alaska, didn’t find enough oil to warrant further drilling. The well will be sealed and abandoned.

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Tag:

Alaska Arctic Climate Change Kyle Feldscher Minusextra Offshore Drilling Oil Shell