Arctic Offshore Oil & Gas
The area north of the Arctic Circle may hold a significant amount of undiscovered oil and gas, up to 13% and 30%, respectively, according to the USGS (Gautier et al. 2009). According to that source, this resource probably lies in continental shelves at water depths below 500 metres (1,600 ft), which makes up about one third of that area. Also, more than 400 oil and gas fields had been identified up to 2007, most of them in Northern Russia and on the North Slope of Alaska.
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Famous quotes containing the words arctic, oil and/or gas:
“The chisel work of an enormous Glacier
That braced his feet against the Arctic Pole.”
—Robert Frost (1874–1963)
“Oh Gull of my childhood,
cry over my window over and over, take me back,
oh harbors of oil and cunners, teach me to laugh
and cry again that way that was the good bargain
of youth....”
—Anne Sexton (1928–1974)
“Papa died in the gas chamber,
slipping blue as an undressed minnow,
gulping in the shower to wash the Jew off him.”
—Anne Sexton (1928–1974)