The text presented is the final draft of the Report of the Resource Assessment Task Group to the Committee on Arctic Resources of the National Petroleum Council* The draft was submitted in July 1981* It provided a basis for further studies and analyses of real and potential problems by six other task groups during the remainder of that yean In December 1981, the National Petroleum Council submitted its report entitled “U.S. Arctic Oil and Gas” to the Secretary of Energy. The reader is referred to that publication for a complete synopsis of the work of all seven task groups.
This petroleum resource assessment is included in this volume to illustrate the organizational and data-handling problems encountered by the Resource Assessment Task Group and how these problems were overcome, as well as to present the results of our assessment of Arctic regions in which the petroleum industry will be actively exploring into the next millennium.
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There is a continual need to update estimates of oil and gas resources remaining to be discovered, and also to refine the methodologies for making these assessments. In 1974, AAPG sponsored a research conference dealing with the above topics, and many of the papers presented there were published in AAPG Studies in Geology 1. As a follow-up to that volume, a U.S. Geological Survey workshop was held in 1983, and many papers from talks presented there, in addition to several other papers, are contained within this volume. The 22 papers have been grouped into two types: those describing methodologies for evaluating resources and those presenting assessments of both conventional and unconventional resources.