{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Energy Markets Daily","title":"Geographic Feature: Greenland","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/5046a0b7\"></iframe>","width":"100%","height":180,"duration":145,"description":"Wednesday, September 23, 2026. Greenland: zero crude production, zero gas production, pursuing renewable energy transition. Grid >70% hydroelectric, minimal fossil. Target 100% renewable 2030. 2021 moratorium new petroleum licenses (climate goals). Single active oil license: Jameson Land Basin (Nunap Qeqqa). Operator: Greenland Energy Company (NASDAQ: GLND via SPAC merger) / 80 Mile PLC (White Flame Energy subsidiary) JV. Greenland targeting up to 70% working interest, 80 Mile 30%. Basin described one world's last major undrilled onshore Arctic, North Sea geological links. Historical ARCO efforts, >$275M (inflation-adj) prior industry investment decades. Prospective resource ~13B barrels gross un-risked (58 prospects, substantial risk). Phase 1 drilling OPW-1/OPW-6 (~3,500m depth each), ~$40M first well, ~$20M second. Partners: Halliburton (integrated services/logistics/drilling), Stampede Drilling Rig 12 (5-year Arctic contract), IPT Well Solutions, Desgagnés logistics. Original timeline: equipment mobilization Canada Sep 2026, drilling Oct 2026/Q4-Q1 2027. Delays: July 2026 unauthorized equipment landing (excavator/containers), government reprimand, warning. Permitting now requires fuller environmental/social impact assessment, public consultations, regulatory review. Timeline shifted winter 2027 or later (2028 possible), single well focus potential. ~$70M raised NASDAQ offering fund exploration. Local Ittoqqortoormiit communities engaged, political interest (US connections), opposition climate/environmental advocates, regulatory scrutiny ongoing. Comparative USGS West Greenland-East Canada (separate basin) ~7.8B barrels oil, 91.9 Tcf gas (not licensed). Greenland frontier Arctic oil exploration delayed permitting 2027+, highly speculative, environmentally sensitive.","thumbnail_url":"https://img.transistorcdn.com/U36G3q8LRcUNVnqsKxxoyD29VrpCUp_hS1pTIecj8QA/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kNzMw/ZTFlZDQ2NTZmYTAw/YzVkZDJiYzQyNTQw/ODQ5MS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}