USGS offshore petroleum assessment

The 2007 USGS East Greenland Rift Basins assessment estimated about 31.4 billion barrels of oil equivalent in undiscovered conventional oil, gas and natural-gas liquids. Its oil component is about 8.9 billion barrels. Most assessed potential is offshore. Jameson Land and its subvolcanic extension were not quantitatively assessed in this total.^1–3

Oil: 8,902.13 million barrels (about 8.9 billion).

Gas: 86,180.06 billion cubic feet (about 86.2 trillion cubic feet).

Natural-gas liquids: 8,121.57 million barrels (about 8.1 billion).

Greenland resources & interests

Research evidence^1–2

Trump has publicly emphasized Greenland’s military access and its role in the proposed Golden Dome missile-defense system. The financial records show a separate securities-to-contractor chain: disclosed Halliburton holdings, Halliburton Energy Services’ consulting agreement with March GL, and March GL’s place within Greenland Energy.^{2, 4–15}

West Greenland–East Canada assessment

Separate assessed province¹⁶

The USGS 2023 assessment, published July 9, 2025, estimates mean undiscovered, technically recoverable resources of 7.8 billion barrels of oil and 91.9 trillion cubic feet of gas across the West Greenland–East Canada Province. The province spans both Greenland and Canada.¹⁶

AI generated report by Explorvia.com.