Yukon

Canada's northern territories have large, untapped resources of crude oil and natural gas. Eight sedimentary basins with potential for oil and gas deposits exist in the Yukon.

Yukon (and Northwest Territories)

$0.32 billion

in industry spending on exploration and development in 2007

18,000

barrels of conventional oil produced per day in the Northwest Territories in 2007

0.03 billion

cubic feet per day of natural gas production in 2007

363 million

barrels of conventional oil reserves at 2006 year-end

0.4 trillion

cubic feet of natural gas reserves at 2006 year-end

Yukon Resources

Yukon contains eight sedimentary basins with potential oil and gas deposits. Most exploratory wells have been drilled in southeast Yukon. However, industry is looking for a more effective regulatory and fiscal environment before increasing oil and gas development.

Want to know more?

Government of Yukon Government of Yukon: Oil and Gas

Government of Yukon Territory

Department of Energy, Mines and Resources: Oil and Gas Management Branch Department of Environment

Federal Government

Fisheries and Oceans Canada Transport Canada Canadian Environmental Assessment Agency Indian and Northern Affairs Canada