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Assessment of Undiscovered Oil and Gas Resources of the Timan-Pechora Basin Province, Russia, 2008

Fact Sheet 2008-3051

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Abstract

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.

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Additional Publication Details

Publication type:
Report
Publication Subtype:
USGS Numbered Series
Title:
Assessment of Undiscovered Oil and Gas Resources of the Timan-Pechora Basin Province, Russia, 2008
Series title:
Fact Sheet
Series number:
2008-3051
Edition:
Version 1.0
Year Published:
2008
Language:
ENGLISH
Publisher:
Geological Survey (U.S.)
Contributing office(s):
U.S. Geological Survey
Description:
2 p.