The paper is devoted to the analysis of the current and the forecast of the prospective state of introducing digital technologies into the oil and gas mining industry of the Russian Arctic. The authors of the paper analyzed the global trends that define the process of digital technologies’ introduction into the oil and gas mining industry. They also reviewed the Russian companies’ experience in this sphere. The main trends and prospects for the development of oil and gas resources extraction in the Russian Arctic in the digitalization sphere were identified. Together with this, the researchers considered prospects for digital technologies’ introduction into the oil and gas industry, observing their competition with RES. As a result, the authors have come to the following conclusions: (1) in Russian companies, digitalization is being more actively introduced into the processes of general enterprise management. (2) The main purpose of Russian oil and gas sector digitalization is to increase the efficiency of business process management, while the key constraining factors of digitalization are the lack of qualified personnel, lack of material and technical base and cyber-security threats aggravation. (3) The prospects of introducing a new package of sanctions can become both an incentive for a qualitative leap in Russian software development/implementation and an obstacle to the development of Arctic projects due to their rise in price. (4) The COVID-19 pandemic factor is one of the incentives for the widespread introduction of production and various business processes automation in the oil and gas industry, as well as the development of digital communications. (5) The leader in the digital technology development industry among Russian oil and gas companies is “Gazprom Neft” PJSC, followed by “NK Rosneft” PJSC. (6) “Gazprom” PJSC continues to lag behind in the sphere of digitalization; however, qualitative changes here should be expected in 2022. (7) The “sensitivity parameters” influencing the industry digitalization process in the Arctic region are the high dependence on foreign technological solutions and software, characteristics of the entire Russian oil and gas industry, and the problem of ensuring cybersecurity in Arctic oil and gas projects and power outages. (8) For the Arctic regions, the use of RES as the main source of electricity is the most optimal and promising solution; however, hydrocarbon energy will still dominate the market in the foreseeable future.