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Arctic Oil and Gas Development: Frances Ulmer Keynote

The oil and gas resources of the Arctic region represent one of the most promising, largely untapped hydrocarbon resources in the world. A 2008 U.S. Geological Survey study estimated the recoverable oil resources of the Arctic region at 90 billion barrels, about 13 percent of the worldapos;s remaining oil resources and the gas resource at 1,670 tillion cubic feet, about 30 percent of the worldapos;s remaining gas resource. These oil and gas resources are located throughout the Arctic region and each of the five Arctic nations has prospective areas.
Length: 41:04

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