Extending coastal state boundaries into the central Arctic Ocean: outer continental shelves beyond 200 nautical miles and the quest for hydrocarbons
Christian Marcussen, Ron Macnab, 2011. "Extending coastal state boundaries into the central Arctic Ocean: outer continental shelves beyond 200 nautical miles and the quest for hydrocarbons", Arctic Petroleum Geology, Anthony M. Spencer, Ashton F. Embry, Donald L. Gautier, Antonina V. Stoupakova, Kai Sørensen
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Five Arctic coastal states – Canada, Denmark (on behalf of Greenland), Norway, Russia and the United States – are qualified to define Outer Continental Shelves beyond 200 nautical miles in the central Arctic Ocean, in accordance with the provisions of Article 76 of the UN Convention on the Law of the Sea. This paper provides an overview of recent and ongoing initiatives by those states, describing operational difficulties and offering a regional preview of possible outcomes. For the most part, the process is driven by a desire to expand national control over resources of the seabed, but recent appraisals suggest that the areas of interest are unlikely to contain significant and commercially exploitable quantities of hydrocarbons.
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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.