Geology topics
Source-linked reports with geographic coverage including Timan-Pechora Basin Province.
Using a geology-based assessment methodology, the U.S. Geological Survey estimated undiscovered, technically recoverable mean resources of 1.4 billion barrels of oil and 46 trillion cubic feet of gas in the Timan-Pechora Basin Province of Russia.
The Timan-Pechora Basin Province is a triangular area that represents the northeasternmost cratonic block of east European Russia. A 75-year history of petroleum exploration and production in the area there has led to the discovery of more than 16 billion barrels of oil (BBO) and 40 trillion cubic feet of gas (TCFG). Three geologic assessment units (AUs) were defined for assessing the potential for undiscovered oil and gas resources in the province: (1) the Northwest Izhma Depression AU, which includes all potential structures and reservoirs that formed in the northwestern part of the Izhma-Pechora Depression, although this part of the basin contains only sparse source and reservoir rocks and so was not assessed quantitatively; (2) the Main Basin Platform AU, which includes all potential structures and reservoirs that formed in the central part of the basin, where the tectonic and petroleum system evolution was complex; and (3) the Foredeep Basins AU, which includes all potential structures and reservoirs that formed within the thick sedimentary section of the foredeep basins west of the Uralian fold and thrust belt during the Permian and Triassic Uralian orogeny. For the Timan-Pechora Basin Province, the estimated means of undiscovered resources are 3.3 BBO, 17 TCFG, and 0.3 billion barrels of natural-gas liquids (BBNGL). For the AU areas north of the Arctic Circle in the province, the estimated means of undiscovered resources are 1.7 BBO, 9.0 TCFG, and 0.2 BBNGL. These assessment results indicate that exploration in the Timan-Pechora Basin Province is at a mature level.
The U.S. Geological Survey (USGS) recently assessed the undiscovered oil and gas potential of the Timan-Pechora Basin Province in Russia as part of the USGS Circum-Arctic Oil and Gas Resource Appraisal program. Geologically, the Timan-Pechora Basin Province is a triangular-shaped cratonic block bounded by the northeast-southwest trending Ural Mountains and the northwest-southeast trending Timan Ridge. The northern boundary is shared with the South Barents Sea Province (fig.1). The Timan-Pechora Basin Province has a long history of oil and gas exploration and production. The first field was discovered in 1930 and, after 75 years of exploration, more than 230 fields have been discovered and more than 5,400 wells have been drilled. This has resulted in the discovery of more than 16 billion barrels of oil and 40 trillion cubic feet of gas.