In recent years, both the petroleum industry and government research institutions have shown renewed interest in the petroleum potential of the High Arctic. At the same time, a range of activities are taking place, aimed at defining national borders in the Arctic Ocean following ratification of arti...
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| Format: | Text |
| Language: | English |
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| Online Access: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.620.2176 http://www.geus.dk/publications/bull/nr17/nr17_p53-56.pdf |
| Summary: | In recent years, both the petroleum industry and government research institutions have shown renewed interest in the petroleum potential of the High Arctic. At the same time, a range of activities are taking place, aimed at defining national borders in the Arctic Ocean following ratification of article 76 of the United Nations Convention on the Law of the Sea (UNCLOS). Parallel to the general upsurge in data acquisi-tion activities, the United States Geological Survey has car-ried out a Circum-Arctic Resource Appraisal (CARA), which for North-East Greenland was published in 2007. This assessment indicated that a significant petroleum exploration potential exists on the North-East Greenland shelf, in partic-ular in the Danmarkshavn Basin and the North Danmarks-havn Salt Province (Fig. 1). The estimated potential amounts to 31 billion barrels of oil equivalents, principally in the form |
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