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Assessment of Geological Risks in the Search for Oil and Gas Fields in the Eastern Arctic

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Recent Research on Sedimentology, Stratigraphy, Paleontology, Tectonics, Geochemistry, Volcanology and Petroleum Geology (MedGU 2021)

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Abstract

The paper assesses geological risks and the probability of discovering oil and gas fields in the Eastern Arctic water zones using the methodology widely used by oil companies. Three promising sedimentary complexes are predicted in the water zones of the Eastern Arctic: Aptian-Upper Cretaceous, Paleogene, and Neogene. As a result, the probability of geological success in the Aptian-Upper Cretaceous deposits is associated with high risks. On the other hand, the likelihood of discovering hydrocarbon (HC) in the Paleogene and Neogene complexes is higher and corresponds to a moderate risk. The results helped identify the most promising areas for further geological exploration.

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Correspondence to Rustam Mamedov .

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Mamedov, R., Scherbina, Y., Frolova, M. (2023). Assessment of Geological Risks in the Search for Oil and Gas Fields in the Eastern Arctic. In: Çiner, A., et al. Recent Research on Sedimentology, Stratigraphy, Paleontology, Tectonics, Geochemistry, Volcanology and Petroleum Geology . MedGU 2021. Advances in Science, Technology & Innovation. Springer, Cham. https://doi.org/10.1007/978-3-031-43222-4_51

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