Assessment of Undiscovered Conventional Oil and Gas Resources of the Barents Sea Area, 2021

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Abstract

Using a geology-based assessment methodology, the U.S. Geological Survey estimated undiscovered, technically recoverable mean conventional resources of 7.3 billion barrels of oil and 463.7 trillion cubic feet of gas within the Barents Sea area.

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Schenk, C. J., Mercier, T. J., Woodall, C. A., Ellis, G. S., Finn, T. M., Le, P. A., … Drake, R. M. (2023). Assessment of Undiscovered Conventional Oil and Gas Resources of the Barents Sea Area, 2021. U.S. Geological Survey Fact Sheet, 2023(3019). https://doi.org/10.3133/fs20233019

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