Finding Petroleum Exploring the Arctic
The vast Arctic region is probably the last remaining unexplored source of hydrocarbons on the planet. In the past three decades of oil exploration in the Arctic, more than 200 billion barrels of oil have been discovered. Ultimate resources are estimated at 114 billion barrels of undiscovered oil and 2,000 trillion cubic feet of natural gas. If these estimates are correct, these hydrocarbons would account for more than a fifth of the world’s undiscovered reserves.
Astrium GEO-Information Services are sponsors of this event, and will have representatives on hand to discuss our experience and products and services for the Arctic region.
To find out more about the conference, click here.