Arctic resources race The Arctic consists of multiple sub-regions: Russian Arctic, Canadian Arctic, Greenland (Kalaallit Nunaat), Northern Alaska (USA), Svalbard(Norway), Iceland, Fennoscandia. In addition to these sub-regions, the Arctic Ocean and its multiple seas—Greenland Sea, Barents Sea, Kara Sea, Laptev Sea, East Siberian Sea, Chuckchi Sea, Beaufort Sea,etc.-- make the arctic a vast region with a variety of natural resources. The U.S. Geological Survey estimates that undiscovered oil and gas reserves in the Arctic amount to 22% of the world's total, about 412 billion barrels of oil. A Brookings Institution summary reported: The first offshore oil platform in the Arctic was Prirazlomnaya in
Beaufort, South Carolina on the National Register of Historic Places. Beaufort is located at (32.431853, -80.689515). The majority of the city is situated upon Port Royal Island, an interior Sea Island that the city shares with neighboring Port Royal and unincorporated portions of Beaufort County. The city has also annexed lands across the Beaufort River on Lady's Island. The city is amid a marshy estuary, and according to the United States Census Bureau has a total area of , of which is land and , or 17.80%, is water. Remnants of the original English colonial settlement of Beaufort can be found in the