Shows where there are potential commercial sources of natural gas trapped in formations with very low permeability to gas (not necessarily shale units). Hydraulic fracturing might be needed in order to exploit these resources.
Using a performance-based geological assessment methodology, we estimated mean volumes of 1,345 billion cubic feet of potentially technically recoverable gas and 168 million barrels of technically recoverable oil and natural gas liquids here.
We estimated mean undiscovered volumes of 3.65 billion barrels of oil, 1.85 trillion cubic feet of associated dissolved natural gas, and 148 million barrels of natural gas liquids in this area using a geology-based assessment methodology.
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.