Assessment of Undiscovered Petroleum Resources of the Laptev Sea Shelf Province, Russian Federation

The Laptev Sea Shelf Province was assessed for undiscovered crude oil, natural gas, and natural gas liquids/condensates resources (collectively referred to as petroleum) as part of the U.S. Geological Survey's Circum-Arctic Oil and Gas Resource Appraisal. Using a geology-based methodology, the USGS estimates the mean undiscovered, conventional petroleum resources in the province to be approximately 9,300 million barrels of oil equivalent, including approximately 3,069 million barrels of crude oil, 32,252 billion cubic feet of natural gas, and 861 million barrels of natural gas liquids.