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oa Undiscovered Resources in Rift Basins of The Mediterranean - Comparison to the North Sea
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, EAGE Conference on Geology and Petroleum Geology of the Mediterranean and Circum-Mediterranean Basins, Oct 2000, cp-109-00009
- ISBN: 978-90-73781-14-6
Abstract
Three prominent rift basins in the immediate vicinity of the Mediterranean Sea are identified as having significant petroleum potential: the Sirte Basin, the Red Sea Basin, and the Provence Basin. It is estimated that these three petroleum provinces contain undiscovered resources in excess of 126 trilbon cubic feet of natural gas and 12 billion barrels of oil as well as abundant natural gas liquids.