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Drilling in the Canadian Arctic peaked during the 1970s and 1980s, led by such companies as Panarctic Oils Ltd. in the Sverdrup Basin of the Arctic Islands, and by Imperial Oil and Dome Petroleum in the Beaufort Sea-Mackenzie Delta Basin. Drilling continued at declining rates until the early 2000s.
President George W. Bush's administration supported drilling in the Arctic Refuge, saying that it could "keep [America]'s economy growing by creating jobs and ensuring that businesses can expand [and] it will make America less dependent on foreign sources of energy", and that "scientists have developed innovative techniques to reach ANWR's oil ...
Technology is changing the oil exploration and production picture, and one of the biggest impacts will be on Arctic drilling. The U.S. Geological Survey estimates that 25% of the world's remaining ...
In that role it spent some $900 million and was the operator for perhaps three fourths of more than 175 wells drilled in the high Arctic. Panarctic began its exploration program with seismic work and then drilling in the Arctic Islands.
It seeks, among other things, to open to oil and gas drilling an area of the pristine Arctic National Wildlife Refuge considered sacred to the Indigenous Gwich'in, undo limits imposed by the Biden administration on drilling activity in the National Petroleum Reserve-Alaska on the North Slope and reverse restrictions on logging and road-building ...
(Reuters) -U.S. President Donald Trump signed an executive order on Monday repealing former President Joe Biden's efforts to block oil drilling in the Arctic and along large areas off the U.S ...
The oil and gas industry has changed dramatically since the 20th century, when offshore exploration typically meant there were rigs sitting in a few hundred feet of water drilling into the Gulf of ...
The Arctic marine food web consists of Primary consumers, Secondary consumers, Tertiary consumers, and scavengers. Marine mammals in the Arctic are experiencing severe impacts, including effects on migration, from disturbances such as noises from industrial activity, offshore seismic oil exploration, and well drilling.