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Open-File Report 2008–1193

Engineering and Economics of the USGS Circum-Arctic Oil and Gas Resource Appraisal (CARA) Project

By Mahendra K. Verma, Loring P. (Red) White, and Donald L. Gautier

Thumbnail of and link to report PDF (2.2 MB)
Open-File Report
2008-1193 PDF (2.2 MB)

This Open-File report contains illustrative materials, in the form of PowerPoint slides, used for an oral presentation given at the Fourth U.S. Geological Survey Workshop on Reserve Growth of petroleum resources held on March 10-11, 2008. The presentation focused on engineering and economic aspects of the Circum-Arctic Oil and Gas Resource Appraisal (CARA) project, with a special emphasis on the costs related to the development of hypothetical oil and gas fields of different sizes and reservoir characteristics in the North Danmarkshavn Basin off the northeast coast of Greenland.

The individual PowerPoint slides highlight the topics being addressed in an abbreviated format; they are discussed below, and are amplified with additional text as appropriate. Also included in this report are the summary results of a typical “run” to generate the necessary capital and operating costs for the development of an offshore oil field off the northeast coast of Greenland; the data are displayed in MS Excel format generated using Questor software (IHS Energy, Inc.).

U.S. Geological Survey (USGS) acknowledges that this report includes data supplied by IHS Energy, Inc.; Copyright (2008) all rights reserved. IHS Energy has granted USGS the permission to publish this report.

Version 1.0

Posted June 2008

  • Downloads Directory
  • Contains: Spreadsheet that constitutes a custom report for one of the runs, giving the project summary and combined investment and production profiles, and investment and operating costs.

Suggested citation:

Verma, M.K., White, L.P., and Gautier, D.L., 2008, Engineering and economics of the USGS circum-arctic oil and gas resource appraisal (CARA) project: U.S. Geological Survey Open-File Report 2008–1193, 17 p.

Part or all of this report is presented in Portable Document Format (PDF); the latest version of Adobe Acrobat Reader or similar software is required to view it. Download the latest version of Acrobat Reader, free of charge or go to for free tools that allow visually impaired users to read PDF files.

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