Drilling in the peaked during the 1970s and 1980s, led by such companies as in the Sverdrup Basin of the Arctic Islands, and by and in the Beaufort Sea-Mackenzie Delta Basin. Drilling continued at declining rates until the early 2000s. In all, some 300,000 km of seismic and 1500 wells were drilled across this vast area. Approximately 1.9 billion barrels (300×10 m ) of oil and 32.4 trillion cubic feet (9.2×10 m ) .
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