U.S. Geological Survey (USGS) Circum-Arctic Resource Appraisal: Estimates of Undiscovered Oil and Gas 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 natu...

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Bibliographic Details
Main Author: Stauffer, Peter
Format: Book
Language:English
Published: U.S Geological Survey 2009
Subjects:
Energy
Arctic
Online Access:http://library.arcticportal.org/1554/
http://library.arcticportal.org/1554/1/usgs.pdf
Description
Summary: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.

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