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Shell seeks Alaska lease extension, but no plans to return

A nameplate and the Shell Oil logo is shown on the drilling floor of the arctic oil drilling rig "Kulluk," during a tour, Friday, May 25, 2012, as it undergoes extensive work at Vigor Shipyards in Seattle. Shell Oil hopes to use the rig to tap vast oil reserves below the Beaufort Sea off Alaska's north coast. (AP Photo/Ted S. Warren)
A nameplate and the Shell Oil logo is shown on the drilling floor of the arctic oil drilling rig "Kulluk," during a tour, Friday, May 25, 2012, as it undergoes extensive work at Vigor Shipyards in Seattle. Shell Oil hopes to use the rig to tap vast oil reserves below the Beaufort Sea off Alaska's north coast. (AP Photo/Ted S. Warren)(Ted S. Warren | AP)
Published: Sep. 25, 2020 at 12:33 PM AKDT
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JUNEAU, Alaska (AP) - A spokesperson for Shell says the oil company is seeking an extension of leases it holds in Alaska as a way to make the leases more attractive to a potential buyer and does not itself plan a return to operations in the state.

Curtis Smith says the leases for which the company is seeking an extension represent the bulk of leases Shell still holds in Alaska.

The comments come after news media, including The Associated Press, reported that Shell Offshore Inc. had applied to form the West Harrison Bay Unit to explore in state waters off the North Slope region.

Copyright 2020 The Associated Press. All rights reserved.

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