Bermuda has no history of production and no exploration wells have ever been drilled on land or in its surrounding waters. Globalshift does not forecast any future production of oil or gas in the territory.
The main island of Bermuda and its small neighbours are high points of a caldera contained within a large submarine volcano called a seamount. This was built up directly over oceanic crust of the North Atlantic Ocean.
Globalshift regards Bermuda to have no oil and gas potential, onshore or offshore.