TITLE:
Oil and Gas Potential of Eurasian Western Arctic Shelf/Exploration in the Nearshore Area of Northeastern Baltic Shield
AUTHORS:
Sanghee Shin, George V. Chilingar, Oleg Sorokhtin, Nikolai O. Sorokhtin
KEYWORDS:
Arctic Shelf; Geodynamic Evolution; Baltic Shield; Oil Potential; Gas Potential
JOURNAL NAME:
Open Journal of Geology,
Vol.3 No.3,
July
11,
2013
ABSTRACT: A number of large and unique oil and
gas fields were discovered over the western Arctic shelf of Eurasia. Some of
them were partially appraised. Also, there are three potentially
hydrocarbon-rich but insufficiently studied areas in the region. The discovery
of commercial accumulations there would substantially increase the petroleum
potential of the entire region. These areas are northern Murmansk Oblast, on
the Rybachy Peninsula,
the Franz-Joseph Land area, andthe
North Kara Shelf. It is suggested that oil and gas field discoveries in the
former two areas are most expedient under current conditions. The oil and gas
potential of the northwestern Kola Peninsula is reviewed in more detail.