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Vol. 17, No. 31 Week of July 29, 2012
Providing coverage of Alaska and northern Canada's oil and gas industry


The Arctic: opportunities and challenges

Exxon expert spells out the possibilities and challenges of oil exploration and development in a region of huge potential

Alan Bailey

Petroleum News

In 2009 the U.S. Geological Survey published a new Arctic resource assessment, estimating that 13 percent of worldwide remaining undiscovered oil and 30 percent of remaining undiscovered natural gas likely lies within the Arctic Circle. But although this huge potential resource — 83 billion barrels....

    [additional news subjects in this story]

90 years’ experience

Limiting depth

Prospective but challenging

Industry research


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