Table 1.1.

A comparison of the wildcat wells, discoveries, discovered resources and yet-to-find resource estimates for the regions of the Arctic

RegionArea (106 km6)Wildcat wellsDiscoveriesTotal discovered recoverable resources (×109 bbloe)Estimates of mean, unrisked, yet-to-find recoverable resources of all of the Assessment Units in the region (×109 bbloe) (Gautier et al.)Estimates of most probable yet-to-find recoverable resources in the basins in the region (×109 bbloe) (Kontorovich et al.)
OilGas
Norwegian Sea0.138120.70.76
Barents Sea1.44; 5; 2; 34; 5450; 200
West (Norway)0.480250.51.5
East (Russia)1.01350.222.5
Svalbard0.115
Timan–Pechora0.264614212.43.65; 3; 115
West Siberia and South Kara Sea0.74269222.0226.310; 126100
North Kara Sea0.3920
Yenisey–Khatanga0.428160.13.424; 1
Lena–Anabar0.2134Neglnegl5
Laptev Sea0.815; 9; 320
East Siberian Sea0.31; 45; 35
North Chukchi0.25
Siberian Passive Margin0.25
Arctic Alaska0.53176123.16.814; 59; 4
Mackenzie Delta0.1196591.41.813
Eagle Plain+Northern Interior Platform0.21148Negl0.1
Sverdrup Basin0.3108200.52.51; 5
Canada Passive Margin0.59
North Greenland0.14; 5
West Greenland and Baffin Bay0.71211; 22; 14; 14; 6
East Greenland0.521; 19; 4; 6; 2
Totals7.8200644460.9269.2
  • Sources for the information in Table 1.1: wells and discoveries from Chew & Arbouille (table 1); discovered resources from IHS (courtesy of K. Chew); yet-to-find estimates from Gautier, Bird et al. (table 1) and Kontorovich et al. (table 2; converted to recoverable values using assumed recovery factors of 35% for oil and 70% for gas). The probabilities associated with each of the estimates by Gautier, Bird et al. are shown on Figure 1.1. Note that each of the three data sources employs different geographical areas for regions that they discuss. The wells, discoveries and discovered resources are north of 66°N, but some of the yet-to-find estimates are for areas that extend somewhat south of the Arctic Circle. Negl, negligible.