Energy Potential of the Russian Arctic Seas

Energy Potential of the Russian Arctic Seas

Choice of Development Strategy

1st Edition - April 30, 2012

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  • Authors: Alexey Piskarev, Mikhail Shkatov
  • eBook ISBN: 9780444537850

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The structure of sedimentary basins of the Russian Arctic Seas is studied and illustrated by a number of maps, cross-sections and geophysical models. The calculated density models of the Earth crust illustrate the deep structure of the main blocks of the crust. Five major gas-condensate and gas fields are discovered here: three (Shtokman, Ludlov, Ledovoe) in the Barents and two (Leningrad and Rusanov) in the Kara Sea.Geological and geophysical characteristics of the Russian Arctic Sea sedimentary basins allow an estimation of their hydrocarbon potential by comparison with the known world analogues.Total potential resources of giant deposits of hydrocarbons in Russian Arctic Seas are estimated at 470 billion barrels of oil equivalent. The richest resources are the Kara Sea and Laptev Sea. Less rich is Barents Sea. The relatively smaller contribution to the overall estimation of the resources makes the resources of East-Siberian Sea and Chukchi Sea.Development the energy capacity of the continental shelf of Russia can play a stabilizing role in the dynamics of oil and gas production in the period 2010-2020. A key role in developing the capacity of the Arctic shelf oil and gas play is the innovative technology in exploration, production and management of the relevant investment projects. World offshore experience indicates that the combination of these factors is achieved through the formation of international firms and organizations.

Key Features

  • Comprehensively assesses the potential oil and gas resources in sedimentary basins within the Russian sector of the Arctic Ocean
  • Describes the economic and legal challenges to the development of offshore fields in Russia
  • Explores possible ways and timing to maKe these hydrocarbon resources available to the global market


Geologists and geophysicists, petroleum engineers and energy economists

Table of Contents

  • Preface
    1. Prospecting, exploration and development of oil-and-gas fields in the twentieth century
    1.1. Organization of oil production and delivery
    1.2. Oil exploration and production in the period until 1947
    1.3. Oil exploration and production in the period 1947 – 1973
    1.4. Oil exploration and production in the period 1973-1986
    1.5. Oil exploration and production in the period 1986-2010
    2. Sedimentary basins of the Barents and Kara seas
    2.1. Origination of current notions of geological structure and the evolutionary history of the region
    2.2. Structure of sedimentary cover in the region
    2.3. Geophysical fields and density models of the Earth’s crust
    2.4. Studies of the Earth’s crustal structure on geotraverses
    2.5. Specific features of region evolution in Jurassic-Cretaceous period based on studies of composition and magnetism of andesite-basalts in Franz Josef Land
    2.6. Earth’s crustal structure and distribution of oil-and-gas fields
    3. Sedimentary basins of the Laptev, East Siberian and Chukchi seas
    3.1. Generation of notions on the geological structure of the north-eastern seas of Russia
    3.2. Models of the Earth’s crust
    3.3. Studies of the crustal structure on geotraverses
    3.4. Sedimentary cover characteristics of the region
    3.5. Basement structure, deep structure and evolution of the region
    4. Potential oil-and-gas presence in the sedimentary basins of the Arctic seas of Russia as compared with the largest developed basins of the World Ocean
    4.1. Morphological and geological characteristics of the largest sedimentary sea basins with proved oil-and-gas presence
    4.2. Sedimentary basins of the Atlantic and the Arctic oceans
    4.3. Sedimentary basins of the Persian Gulf, Caspian and Red seas, East Mediterranean
    4.4. Sedimentary basins of the Pacific and Indian oceans
    4.5. Density of hydrocarbon reserves in the large fields of the offshore provinces
    4.6. Productivity, development period, investments
    4.7. Potential resources of hydrocarbon raw materials in the offshore sedimentary basins in the Arctic seas of Russia
    4.8. Natural climatic features of the Arctic shelf and environmental safety of the operations
    5. Information support for offshore field development
    5.1. Geographic information analytical system on the objects of subsurface management in the shelf zones of the Russian Federation
    5.2. Evaluation of the influence of geoeconomic factors on the development of the fields in the Arctic seas of Russia
    5.3 Improvement of the approaches to economic geological evaluation
    6. Economic and institutional fundamentals of international cooperation in oil-and-gas resources development on the continental shelf
    6.1. Pattern of the international partnership formation in the sphere of offshore oil and gas production
    6.2 The public-private partnership in the organization of offshore hydrocarbon resources development
    6.3 The conceptual approaches to state regulation of oil-and-gas production on the continental shelf: foreign experience
    6.4. The role of the largest transnational energy companies (TNC) in the development of shelf hydrocarbons

Product details

  • No. of pages: 440
  • Language: English
  • Copyright: © Elsevier 2012
  • Published: April 30, 2012
  • Imprint: Elsevier
  • eBook ISBN: 9780444537850

About the Authors

Alexey Piskarev

Affiliations and Expertise

VNIIOkeanolgia, St. Petersburg, Russia

Mikhail Shkatov

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