The video shows a frozen lake with several holes drilled into the ice. The holes are marked with flags, and the water is bubbling up from the bottom of each hole. The sky is overcast, and there are no people visible in the video. The ice appears to be thick and solid, and the water is clear. The flags are yellow and are placed at the top of each hole. The video does not show any fish being caught or any other activity taking place on the ice.