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Royal Dutch Shell (RDS.A, RDS.B) yesterday began drilling a well off Alaska's coast in the...

Royal Dutch Shell (RDS.A, RDS.B) yesterday began drilling a well off Alaska's coast in the Chukchi Sea, and it begins preparing to drill another well in the Beaufort Sea, 10 days after U.S. officials said Shell would be permitted to begin preparation work. Arctic waters in the Chukchi and Beaufort seas could hold 26B barrels of recoverable oil and 130MMcf of natural gas.
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