Last used by Exxon in Norton Sound in 1985 and Arco in Cook Inlet in 1984, "The Key Hawaii," a state-of-the-art jack-up exploratory oil drilling rig, rests in storage in Resurrection Bay near Seward, Alaska. The sharp drop in world-wide oil prices in 1986 has brought much of the planned oil exploration in Alaska to a halt.
© Sam Kimura