Circum-Arctic resource appraisal: Estimates of undiscovered oil and gas north of the Arctic Circle
Fact Sheet
2008-3049
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Abstract
The U.S. Geological Survey (USGS) has completed an assessment of undiscovered conventional oil and gas resources in all areas north of the Arctic Circle. Using a geology-based probabilistic methodology, the USGS estimated the occurrence of undiscovered oil and gas in 33 geologic provinces thought to be prospective for petroleum. The sum of the mean estimates for each province indicates that 90 billion barrels of oil, 1,669 trillion cubic feet of natural gas, and 44 billion barrels of natural gas liquids may remain to be found in the Arctic, of which approximately 84 percent is expected to occur in offshore areas.
Suggested Citation
Bird, K.J., Charpentier, R., Gautier, D.L., Houseknecht, D.W., Klett, T., Pitman, J.K., Moore, T.E., Schenk, C.J., Tennyson, M., Wandrey, C.R., 2008, Circum-Arctic resource appraisal: Estimates of undiscovered oil and gas north of the Arctic Circle (Version 1.0): U.S. Geological Survey Fact Sheet 2008-3049, 4 p., https://doi.org/10.3133/fs20083049.
ISSN: 2327-6932 (online)
Study Area
| Publication type | Report |
|---|---|
| Publication Subtype | USGS Numbered Series |
| Title | Circum-Arctic resource appraisal: Estimates of undiscovered oil and gas north of the Arctic Circle |
| Series title | Fact Sheet |
| Series number | 2008-3049 |
| DOI | 10.3133/fs20083049 |
| Edition | Version 1.0 |
| Year Published | 2008 |
| Language | English |
| Publisher | U.S. Geological Survey |
| Contributing office(s) | Central Energy Resources Science Center, Eastern Energy Resources Science Center, Energy Resources Program, Geology, Minerals, Energy, and Geophysics Science Center |
| Description | 4 p. |
| Other Geospatial | Arctic |