U..S. Geological Survey Circum-Arctic Resource Appraisal The Arctic contains the world’s largest known petroleum province (West Siberian Basin) and several other world-class petroliferous basins such as Timan-Pechora, Northern Alaska, and the Norwegian Sea. Other high northern latitude basins also have a significant potential for future additions to oil and gas reserves. However, because of the technological challenges of exploration and development, the Arctic remains largely unexplored with respect to petroleum, and extreme geologic uncertainty characterizes the entire region. In order to quantify the uncertainty surrounding future additions to reserves, the U.S. Geological Survey is conducting a Circum-Arctic Resource Appraisal (CARA). The CARA is a consistent, comprehensive, rigorous assessment of conventional oil and gas resources in all sedimentary basins of the Arctic. Because of the sparse data available from most Arctic basins, the standard tools of resource assessment-discovery history analysis, prospect counting, and deposit simulation--are not generally applicable. Instead, the CARA relies primarily upon geological analysis and analog modeling. The Northeast Greenland Shelf has been selected as a prototype for the CARA because it exhibits many typical characteristics of Arctic sedimentary provinces, including the constant presence of sea ice. At the same time, its geological resemblance to western Norway and the North Sea permits the possibility that a world class petroleum province awaits discovery. Using a newly compiled map of Arctic sedimentary successions, over the next two years the USGS, in collaboration with several international organizations, will systematically evaluate the petroleum potential of the Circum-Arctic basins. Brenda S Pierce Name: Brenda S Pierce Affiliation: United States Geological Survey Department: Energy Resources Program Title: Program Coordinator E-Mail: bpierce@usgs.gov Phone: 703648 6470 Fax: 703648 6470 Address: U.S. Geological Survey 12201 Sunrise Valley Drive Reston, Virginia United States of America 20192