The potential for hydrocarbon resource development on the Russian Arctic Ocean Shelf
A. E. Kontorovich, L. M. Burshtein, V. D. Kaminsky, A. R. Kurchikov, N. A. Malyshev, O. M. Prischepa, A. F. Safronov, A. V. Stoupakova, O. I. Suprunenko, M. I. Epov, 2011. "The potential for hydrocarbon resource development on the Russian Arctic Ocean Shelf", Arctic Petroleum Geology, Anthony M. Spencer, Ashton F. Embry, Donald L. Gautier, Antonina V. Stoupakova, Kai Sørensen
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The dramatic rise in the world oil and gas demand has led to concerns about the energy future for mankind. In the twenty-first century the sedimentary basins of the Arctic Ocean will play a leading role as petroleum provinces, including its Russian shelf areas. This article deals with the characteristics and assessment of resources in the Russian sector of the Arctic Ocean offshore areas. One can predict with 0.90 probability that the Arctic Ocean initial in-place hydrocarbon resources exceed 90 billion tons oil equivalent (toe). The assessments lead to the conclusion that during these years a petroleum production industry will develop on the Arctic Ocean Shelf.
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The vast Arctic region contains nine proven petroleum provinces with giant resources but over half of the sedimentary basins are completely undrilled, making the region the last major frontier for conventional oil and gas exploration. This book provides a comprehensive overview of the geology and the petroleum potential of the Arctic. Nine papers offer a circum-Arctic perspective on the Phanerozoic tectonic and palaeogeographic evolution, the currently recognized sedimentary basins, the gravity and magnetic fields and, perhaps most importantly, the petroleum resources and yet-to-find potential of the basins. The remaining 41 papers provide data-rich, geological and geophysical analyses and individual oil and gas assessments of specific basins throughout the Arctic. These detailed and well illustrated studies cover the continental areas of Laurentia, Baltica and Siberia and the Arctic Ocean. Of special interest are the 13 papers providing new data and interpretations on the extensive, little known, but promising, basins of Russia.
A DVD is provided inside the back of the book, that contains PDFs of all papers plus all related Supplementary Publications.