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Assessment of undiscovered oil and gas in the Arctic

December 20, 2009
Among the greatest uncertainties in future energy supply and a subject of considerable environmental concern is the amount of oil and gas yet to be found in the Arctic. By using a probabilistic geology-based methodology, the United States Geological Survey has assessed the area north of the Arctic Circle and concluded that about 30% of the world’s undiscovered gas and 13% of the world’s undiscovered oil may be found there, mostly offshore under less than 500 meters of water. Undiscovered natural gas is three times more abundant than oil in the Arctic and is largely concentrated in Russia. Oil resources, although important to the interests of Arctic countries, are probably not sufficient to substantially shift the current geographic pattern of world oil production.
Publication Year 2009
Title Assessment of undiscovered oil and gas in the Arctic
DOI 10.1126/science.1169467
Authors Donald L. Gautier, Kenneth J. Bird, Ronald Charpentier, Arthur Grantz, David W. Houseknecht, Timothy R. Klett, Thomas E. Moore, Janet K. Pitman, Christopher J. Schenk, John H. Schuenemeyer, Kai Sorenson, Marilyn E. Tennyson, Zenon C. Valin, Craig J. Wandrey
Publication Type Article
Publication Subtype Journal Article
Series Title Science
Index ID 70226882
Record Source USGS Publications Warehouse
USGS Organization Central Energy Resources Science Center; Energy Resources Program; Geology, Minerals, Energy, and Geophysics Science Center