Arctic oil and gas production has been on a growing trend since, at least, the beginning of the last decade. In 2022, Russia's production of Arctic oil and gas amounted to some 10.65 million barrels of oil equivalent per day, being by far the largest producer across the globe. The majority of oil production in Russia is located in the Arctic region.
Meanwhile, Norway's Arctic production increased in recent years, reaching nearly 487,000 barrels of oil equivalent per day in 2022. Production in the U.S. followed closely, amounting to some 484 billion barrels of oil equivalent that year.
Production of Arctic oil and gas worldwide from 2010 to 2022, by country
(in 1,000 barrels of oil equivalent per day)
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Energy Monitor. (March 21, 2022). Production of Arctic oil and gas worldwide from 2010 to 2022, by country (in 1,000 barrels of oil equivalent per day) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1300235/arctic-oil-production-by-country/
Energy Monitor. "Production of Arctic oil and gas worldwide from 2010 to 2022, by country (in 1,000 barrels of oil equivalent per day)." Chart. March 21, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1300235/arctic-oil-production-by-country/
Energy Monitor. (2022). Production of Arctic oil and gas worldwide from 2010 to 2022, by country (in 1,000 barrels of oil equivalent per day). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1300235/arctic-oil-production-by-country/
Energy Monitor. "Production of Arctic Oil and Gas Worldwide from 2010 to 2022, by Country (in 1,000 Barrels of Oil Equivalent per Day)." Statista, Statista Inc., 21 Mar 2022, https://www.statista.com/statistics/1300235/arctic-oil-production-by-country/
Energy Monitor, Production of Arctic oil and gas worldwide from 2010 to 2022, by country (in 1,000 barrels of oil equivalent per day) Statista, https://www.statista.com/statistics/1300235/arctic-oil-production-by-country/ (last visited November 22, 2024)
Production of Arctic oil and gas worldwide from 2010 to 2022, by country (in 1,000 barrels of oil equivalent per day) [Graph], Energy Monitor, March 21, 2022. [Online]. Available: https://www.statista.com/statistics/1300235/arctic-oil-production-by-country/