Oil & Gas

About Oil & Gas

The Northwest Territories (NWT) has vast undeveloped oil and gas reserves. It is estimated that the NWT could hold as much as 37 percent of Canada’s marketable light crude oil resources and 35 percent of its marketable natural gas resources.

On April 1, 2014, the Department of Industry, Tourism and Investment (ITI) became responsible for the administration of onshore oil and gas interests in the Northwest Territories, including the Inuvialuit Settlement Region. Interests issued in the offshore remain the responsibility of Aboriginal Affairs and Northern Development Canada.

To download a map that depicts the line of delimitation between onshore and offshore, click here.

ITI promotes economic self-sufficiency through the responsible management and development of NWT petroleum resources to create a prosperous, diverse and sustainable economy for the benefit of all NWT residents.

ITI is responsible for:

  • Petroleum resources policy
  • Petroleum resources exploration and development
  • Intra-territorial pipeline regulation
  • Benefit Plans
  • Royalties
  • Securities

ITI’s new Petroleum Resources Division office opened April 1, 2014 and is located in Inuvik. The Division develops and delivers policy, programs and services related to petroleum resources exploration and development and manages land tenure associated with petroleum development.

You may be interested in:

Mackenzie Gas Project

The Mackenzie Valley Petroleum Planning Office in Hay River coordinates the Government of the Northwest Territories’ planning and response to the proposed Mackenzie Gas Project – one of the largest energy projects ever proposed in Canada.

Sahtu Shale Development

The Canol Shale discovery represents an incredible opportunity for the Sahtu and its residents. Read More.

ITI promotes economic self-sufficiency through the responsible management and development of NWT petroleum resources to create a prosperous, diverse and sustainable economy.