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Shell

A small Texas firm is gearing up for a $150 million search for oil beneath the Arctic Ocean

A small Texas firm is gearing up for a $150 million search for oil beneath the Arctic Ocean

Narwhal Exploration is one of three small, privately owned companies with offshore leases in West Harrison Bay, a promising but largely unexplored area once controlled by Shell.

In latest sign of North Slope’s evolution, privately owned Texas company targets Chevron’s Alaska assets

In latest sign of North Slope’s evolution, privately owned Texas company targets Chevron’s Alaska assets

A little known Texas company is buying a share of a key North Slope pipeline and asked to buy all of Chevron's oil interests in the region — reviving questions about the Alaska oil industry’s capacity to decommission aging infrastructure and pay damages in the event of a spill.