Chron.com (blog) | Shell's Arctic oil well comes up dry Chron.com (blog) Shell announced that its exploratory oil well in the Chukchi Sea north of Alaska encountered “indications of oil and gas” that are “not sufficient to warrant further exploration” — a significant blow for the Anglo-Dutch firm that had hoped to find a ... Shell to Cease Oil Exploration in Alaskan Arctic After Disappointing Drilling ... Shell Halts Alaska Oil Drilling After Disappointing Well Result Shell shocker on oil exploration off Alaska |