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Stages of Exploration and Petroleum Potential in the South-Eastern part of the Norwegian Sector of the Barents Sea
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, 7th EAGE Saint Petersburg International Conference and Exhibition, Apr 2016, cp-480-00093
- ISBN: 978-94-6282-179-8
Abstract
The Norwegian Continental Shelf is part of LUKOIL’s strategy; the company has been performing exploration activities in the area since 2012. “Former disputed area“ is still unexplored territory, however the recent large discoveries in the adjacent areas allow us to see the presence of hydrocarbon and plays within this territory. Within the study area, it is possible to define traps, predominantly of structural type. Petroleum potential of this area is connected to the Upper Paleozoic, Triassic and Jurassic deposits. Basin modeling results indicate sufficient amount of hydrocarbons generated during the geological history of the region, the presence of migration pathways and accumulation of hydrocarbons. The results of geochemical analysis of the seabed coring also indicate the presence of oil and gas accumulations. Exploration drilling campaign planned for 2017 will allow evaluating the commercial attractiveness of the identified prospects.