We estimated mean undiscovered volumes of 7.4 billion barrels of oil, 6.7 trillion cubic feet of associated/dissolved natural gas, and 0.53 billion barrels of natural gas liquids in this area using a geology-based assessment methodology.
We estimated mean volumes of 1 million barrels of undiscovered, technically recoverable conventional oil and 6 billion cubic feet of undiscovered, technically recoverable conventional natural gas in this area using a geology-based assessment methodology.
A literature synthesis and annotated bibliography focus on North America and on refereed journals. Additional references include a selection of citations on bat ecology, international research on bats and wind energy, and unpublished reports.
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.