Greenland Energy Partners with Halliburton for 2026 Arctic Drilling with 70% Interest
Greenland Energy Company plans to drill two targeted wells in the Jameson Land Basin later this year to earn up to a 70% working interest. The company secured Halliburton’s integrated consulting, drilling and logistical support for its 2026 Arctic exploration campaign targeting an estimated 13 billion barrels of oil.
1. Arctic Exploration Strategy
Greenland Energy Company will drill two wells in the Jameson Land Basin later this year to test prospects in the undeveloped basin and earn up to a 70% working interest by meeting partnership requirements.
2. Halliburton Partnership
The company signed an agreement with Halliburton Company to provide integrated consulting, drilling services and logistical support for its 2026 exploration campaign in Greenland’s Arctic region.
3. Resource Potential and Working Interest
Management estimates the Jameson Land Basin could contain up to 13 billion barrels of oil in undiscovered accumulations, underpinning the strategic pursuit of a majority working interest despite high geological and operational risks.