Shell: Arctic ‘tantalizing opportunity’

Basins at the top of the world believed to hold 25 percent of undiscovered oil and gas, explaining Shell’s interest in Alaska

Kristen Nelson

Petroleum News Editor-in-Chief

As energy demands have grown, discoveries have not kept pace, Chandler Wilhelm, Alaska exploration manager for Shell Offshore Inc. told the Resource Development Council’s annual conference. The basins which have been the source of most of the world’s oil supply are in decline, “and new sources of o....

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Arctic challenges

Cost a factor

Arctic gas prone

Cost effective exploration important