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Assessment of Oil and Gas Potential of the Timan-Pechora Province According to the Results of Regional Geological Study
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, Saint Petersburg 2020, Nov 2020, Volume 2020, p.1 - 5
Abstract
The comparison of hydrocarbon potential, estimated by the method of geological analogy and potential of the zones of oil and gas accumulation as part of oil and gas system showed significant differences for many areas and complexes, which makes to be more skeptical about residual potential of the traditionally rich systems and on the contrary to take a new look at the potential of previously minor geological features. Involvement in the geological study of areas with ambiguous capacity assessments in the Timan-Pechora oil and gas province, using the results and approaches that assess the hydrocarbon potential from genetic positions and the history of its preservation will bring together approaches to the prospects used by subsoil users and ensure the development of the raw material base of oil and gas, which in turn will contribute to the maintenance of production in the region in the long term. An adequate assessment of the oil and gas potential of the region is necessary as for the long-term planning and expansion of licensing areas by state structures that manage subsoil use, and for companies that develop their presence to make fair management decisions.