First Rules for Arctic Drilling Released
The U.S. Department of the Interior unveiled the first draft rules for offshore oil and gas exploration in the Arctic. The rules would require energy companies to clear a number of safety hurdles before being approved for drilling.
“The Arctic has substantial oil and gas potential, and the U.S. has a longstanding interest in the orderly development of these resources, which includes establishing high standards for the protection of this critical ecosystem, the surrounding communities, and the subsistence needs and cultural traditions of Alaska Natives,” said Secretary of the Interior Sally Jewell. She noted that the proposed regulations “are designed to ensure that offshore exploratory activities will continue to be subject to the highest safety standards.”
The regulations, which were crafted with a nod to previous experiences in the Arctic’s first drilling season when a Royal Dutch Shell oil rig ran aground in 2012, are open for public comment now, but they are not expected to be finalized before this summer’s drilling season. If approved, they would—among other things—require energy companies to submit safety plans and have a separate backup rig nearby to quickly drill a relief well to handle any blowout.
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