Shell to abandon US Arctic exploration efforts
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Report summary
Shell announced 28 September 2015 that it will not pursue further exploration at the Burger field in the US Chukchi Sea. The company indicated that the Burger J well was successfully drilled to a total depth of 2,070 metres (6,800 feet) and encountered oil and gas, but the results were not sufficient to justify further exploration. This announcement ends a nine-year exploration programme that Shell pursued with a 100% working interest. As a result of Shell's move, we do not expect any high-impact exploration in the US Arctic for the foreseeable future.
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