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Five years ago we demonstrated the occurrence across the Arabian Plate of 63 synchronous Maximum Flooding Surfaces (MFS) during the Late Precambrian – Phanerozoic. <br><br>It can be demonstrated that our sequence stratigraphic model can be successfully applied to the stratigraphy of West Eurasia (e.g. West Siberia, Timan-Pechora, Volga-Urals, Barents Sea) and the Greater Caspian (including the Black Sea) regions. Both MFS and sequence boundaries can be demonstrated to be correlative within the constraints of biostratigraphy. <br><br>There are profound hydrocarbon exploration and production implications for the application of the sequence stratigraphic model that we have developed. The model provides a precise and reliable framework for correlation and mapping and the subsequent identification of petroleum system elements such as lowstand reservoirs and transgressive source rocks.