Trump administration quickly OKs first Arctic drilling plan

Digital Journal published an article titled, “Trump administration quickly OKs first Arctic drilling plan.” The article reads in part as follows;

“Eni S.p.A., an Italian multinational oil, and gas company has received federal approval to drill for oil in federal waters offshore Alaska, as President Trump makes good on his promise to make America energy independent.

The last time any drilling was done was in 2015 when Royal Dutch Shell ended its exploratory drilling in the Chukchi Sea after the ship they were leasing suffered a gash in the mostly uncharted waters and environmentalists discovered an existing law that limited the company’s ability to drill, according to Reuters.

Eni has been holding leases for drilling in the Beaufort Sea off the coast of Alaska for about 10 years, and even though they have been given approval by the Bureau of Ocean Energy Management (BOEM), the approval is contingent on the company getting other state and federal permits.
Eni has been exploring Alaska’s North Slope since 2006 and already holds 75 leases in federal waters off the Beaufort and Chukchi Seas. Now that Eni has been given approval, they will join other gas and oil companies, including Caelus, Hilcorp, and BP who are already drilling off artificial islands in the Beaufort Sea.
‘We know there are vast oil and gas resources under the Beaufort Sea, and we look forward to working with Eni in their efforts to tap into this energy potential’, said BOEM’s Acting Director Walter Cruickshank.

Basically, this is all part of Trump’s plan, initiated in April when he signed his so-called America-First Offshore Energy Strategy executive order that extended offshore oil and gas drilling to other areas of the Arctic that had previously been off limits.

Eni’s plan is to drill four exploratory wells in the Beaufort Sea from an artificial island using what’s called extended wells, over six miles long before the end of December, when the leases expire.”

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