Exploring Arctic Oil and Gas Resources

Innovative drilling techniques for extreme conditions.

Pioneering Arctic exploration since 1966.

★★★★★

Pioneering Arctic Oil Exploration Since 1966

Panarctic Oils Limited was a Canadian petroleum company focused on exploring and developing Arctic oil and gas resources, achieving significant discoveries in extreme conditions through innovative techniques and collaborative efforts.

A truck drives down a snowy city street at night.

A truck drives down a snowy city street at night.

Our Legacy in Exploration

Innovative Drilling Techniques

Founded in 1966, Panarctic drilled over 175 wells, discovering major fields like Drake Point and Bent Horn, and pioneering methods like ice islands to adapt to harsh Arctic environments.

Innovative Arctic Solutions

Pioneering oil and gas exploration in extreme Arctic conditions since 1966.

An expansive arctic landscape with a large glacier in the midground, surrounded by rugged mountains in the distance under a bright blue sky. The foreground features icy waters with chunks of ice scattered across the surface.

An expansive arctic landscape with a large glacier in the midground, surrounded by rugged mountains in the distance under a bright blue sky. The foreground features icy waters with chunks of ice scattered across the surface.

Advanced Drilling Techniques

Utilizing innovative methods like ice islands for effective resource extraction.

Exploratory Well Drilling

Discovering significant gas and oil fields through over 175 successful wells drilled.

Collaborative Industry Approach

Founded by a consortium of 75 companies, enhancing collaboration in Arctic resources development.

Innovative Exploration

Pioneering oil and gas development in extreme Arctic conditions.

An offshore drilling rig is situated on a calm body of water, under a sky painted with pink and purple hues from the setting sun. The structure is industrial and complex, with tall towers and various machinery visible.

An offshore drilling rig is situated on a calm body of water, under a sky painted with pink and purple hues from the setting sun. The structure is industrial and complex, with tall towers and various machinery visible.

Drilling Techniques

Advanced methods for Arctic oil and gas extraction.

A stark black and white photograph capturing a solitary offshore oil rig against the backdrop of a distant, misty island across the water. The calm sea reflects the overcast sky, creating a serene yet somewhat isolated atmosphere.

A stark black and white photograph capturing a solitary offshore oil rig against the backdrop of a distant, misty island across the water. The calm sea reflects the overcast sky, creating a serene yet somewhat isolated atmosphere.

An offshore oil rig is situated in the sea, with cranes and structures visible against a hazy horizon. The water is dark and stretches out under a misty sky, creating a faint silhouette of distant land in the background.

An offshore oil rig is situated in the sea, with cranes and structures visible against a hazy horizon. The water is dark and stretches out under a misty sky, creating a faint silhouette of distant land in the background.

Oil Fields

Significant discoveries including Drake Point and Bent Horn.

Innovative Exploration

Discover Panarctic's pioneering techniques in Arctic oil and gas exploration.

An offshore oil drilling platform is situated in the middle of a large expanse of blue ocean, under a sky scattered with fluffy clouds. A smaller boat or ship is seen moving away from the platform, leaving a trail in the water.

An offshore oil drilling platform is situated in the middle of a large expanse of blue ocean, under a sky scattered with fluffy clouds. A smaller boat or ship is seen moving away from the platform, leaving a trail in the water.

A seascape featuring two offshore oil rigs positioned in the calm sea. The larger rig is on the right, and a smaller one is on the left, both set against a clear blue sky. In the foreground, a stone jetty separates the water from the viewer.

A seascape featuring two offshore oil rigs positioned in the calm sea. The larger rig is on the right, and a smaller one is on the left, both set against a clear blue sky. In the foreground, a stone jetty separates the water from the viewer.

An offshore oil platform surrounded by the sea, featuring various structures such as cranes, pipes, and storage facilities. The platform stands on stilts above the water, with a clear blue sky in the background.

An offshore oil platform surrounded by the sea, featuring various structures such as cranes, pipes, and storage facilities. The platform stands on stilts above the water, with a clear blue sky in the background.

A large offshore oil platform situated in the middle of the ocean with a bright blue sky above. The platform is constructed of metal beams painted in yellow and white with cranes and other equipment visible. The surrounding water is deep blue with gentle waves.

A large offshore oil platform situated in the middle of the ocean with a bright blue sky above. The platform is constructed of metal beams painted in yellow and white with cranes and other equipment visible. The surrounding water is deep blue with gentle waves.

An offshore oil platform is illuminated against the evening sky. Large cranes surround the structure, and the sea is visible in the background. The lighting suggests it is dusk, with the horizon showing a blend of dark blue and orange hues.

An offshore oil platform is illuminated against the evening sky. Large cranes surround the structure, and the sea is visible in the background. The lighting suggests it is dusk, with the horizon showing a blend of dark blue and orange hues.

A large oil drilling rig with a towering red and white structure stands against a sky with scattered clouds. The base of the rig features industrial equipment and pipes, predominantly in blue and yellow. There is construction signage and caution symbols visible, indicating a work site.

A large oil drilling rig with a towering red and white structure stands against a sky with scattered clouds. The base of the rig features industrial equipment and pipes, predominantly in blue and yellow. There is construction signage and caution symbols visible, indicating a work site.