- 10,000 - barrels of conventional oil produced per day in the Territories in 2015
- 5.6 million - cubic feet per day of natural gas production in 2015
- 56 million - barrels of remaining established conventional oil reserves at 2014 year-end
Northern Canada's resources
The Northwest Territories, Nunavut and Yukon have large, untapped resources of crude oil and natural gas. With modern technology and higher prices for oil and natural gas, the North is attracting a growing number of petroleum producers. Considerable exploration and development is underway, especially in the southern part of the territory. Our industry has acquired offshore oil and gas interests and there are some active exploration programs in the Northwest Territories and Yukon.