Shell's (RDS.A) stricken Kulluk rig anchored for the last month in a bay off Kodiak Island is...

|By:, SA News Editor

Shell's (RDS.A) stricken Kulluk rig anchored for the last month in a bay off Kodiak Island is not subject to an Alaska oil and gas property tax, a state official says. Shell had been accused of moving the drillship at least partly for tax reasons when it escaped its tow lines and ran aground Dec. 31, but Shell will not be assessed that tax.