Baffin Bay Geological Survey has estimated that at least 13% of the world's undiscovered oil deposits and 30% of the world's undiscovered gas pockets are located in the Arctic, with the seas around Greenland potentially holding large amounts of natural gas and lesser amounts of crude oil and natural-gas liquids. Accordingly, the Greenland authorities have offered a large number of off-shore concessions for potential hydrocarbon (oil and gas) extraction. The largest concession-areas are located in seas west of Greenland; primarily in Baffin Bay and the Davis Strait, but with several smaller concessions in the Greenland Sea in the east also. Baffin Bay
Baffin Island is also a year-round resident of Baffin Island. Unlike the gray wolf in southern climes, Arctic wolves often do not hunt in packs, although a male-female pair may hunt together. In the water (or under the ice) the year-round visitors are mainly the ringed seal. The ringed seal lives off-shore within of land. During the winter, it makes a number of breathing holes through ice up to thick by visiting each one often, and keeping the hole open and free from ice. In March, when a female is ready to whelp, she will enlarge one of the breathing holes that