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  • Local Pool Service Operators Offers Discounted Prices for New Customers

    Tuesday, 31 March 2015 15:04
  • Alpharetta Massage Therapists Celebrate 2015 with Senior and Veteran Discount on All Transactions

    Tuesday, 31 March 2015 15:00
  • New Atlanta Talk Show To Be Aired On March 30

    Tuesday, 31 March 2015 14:45
  • APA Game is a leading seller of all types of gaming machines

    Tuesday, 31 March 2015 14:17
  • A Small Sized MP3 Player that is Powerful and Efficient

    Tuesday, 31 March 2015 13:59
  • World Bank Signed US$100 Million Loan for Kazakhstan Skills and Jobs Project

    Tuesday, 31 March 2015 13:50
  • Molbase connects both buyers and chemical suppliers for business transactions

    Tuesday, 31 March 2015 13:29
  • Autodesk Launches Tinkerplay App to Make 3D Design and 3D Printing Fun

    Tuesday, 31 March 2015 13:04
  • Apply Coupon Code and Get $20 Off on Magento Extensions

    Tuesday, 31 March 2015 12:27
  • Furniture Company Launches Stunning New Website

    Tuesday, 31 March 2015 12:22

Tokushima Worldwide - After more than 20 years of quiet, drilling began again on Sunday in the Chukchi Sea off the Alaskan coast. 

 

 

Exciting times may lay ahead for Shell Oil, who expect to find significant oil reserves in the Chukchi sea area off the coast of Alaska. A source close to the project reportedly commented to Tokushima Worldwide that it has been several years since Shell paid to secure the leases to start drilling, and that it will be rewarding to finally begin working on the project.

 

President Obama welcomed the development of Alaska’s Arctic coast, though it has become an environmental battleground with groups expressing fears that oil spills will do untold harm to an environment already under threat from retreating ice and global warming. Dan Howells of Greenpeace was supposedly to have said that the melting Arctic is a dire warning, not an invitation to make a quick buck.

 

Estimates, allegedly reviewed by independent sources close to Tokushima Worldwide, believe that the Chukchi Sea and nearby Beaufort Seas recoverable oil,  could total in the region of 26 billion barrels and natural gas reserves of up  to 3.7 trillion cubic meters (130 trillion cubic feet).

 

Shell is believed to have invested heavily for drilling rights for the Arctic Ocean, but has been delayed by regulatory issues and lawsuits from environmentalists and the short exploration and drilling season that the Arctic provides. Shell has reportedly received authorization to begin drilling narrow pilot holes, around 425 meters (1,400 feet) below the sea floor and approximately 1,200 meters (4,000 feet) above a known petroleum reservoir. 

 

In spite of the directive to stay out of the oil bearing rock layers, Shell are apparently relieved to finally be able to begin work.  The source close to the operation reportedly speculated to Tokushima Worldwide that Shell is also expecting to begin drilling in the Beaufort Sea in the near future.

 

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