Circum-Arctic Resource Appraisal: Estimates of Undiscovered Oil and Gas North of the Arctic Circle

http://pubs.usgs.gov/fs/2008/3049/

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.

by Bird, Kenneth J.; Charpentier, Ronald R.; Gautier, Donald L.; Houseknecht, David W.; Klett, Timothy R.; Pitman, Janet K.; Moore, Thomas E.; Schenk, Christopher J.; Tennyson, Marilyn E.; and Wandrey, Craig J.

U.S. Geological Survey Fact Sheet 2008-3049

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