Petroleum Geo-Services (PGS) has highlighted the exploraton prospectivity of northern Kara Sea, after completing research and 2D seismic in the region.
PGS says, according to its research, the area, known as the Kara Plate, is a “highly promising proliferous region”.
The Kara Plate is on the Russian Arctic Shelf. Until recently, it has remained one of the least explored regions of the Barents-Kara Shelf.
Geophysical investigations began during the 1970s, and the first offshore drilling started in the early 1980s. The area is ice-bound for the majority of the year.
As part of the framework of an international scientific program, PGS acquired 8,840 km of 2D data in the Russian Barents Sea and Kara Sea.
The 2D survey, conducted in partnership with Geology Without Limits, began in 2012, using the vessel Akademik Lazarev.
PGS says: “Even at this early stage of exploration maturity, it is obvious that the area [the Kara Plate] is quite promising relative to other prospects on the Russian Arctic Shelf and there are strong indications of oil dominance in hydrocarbon presence. Recoverable resources estimated by existing operators in the region have been significant in recent years.”
PGS said the Kara Sea is a complex mosaic of basins and platforms, having undergone intercontinental sedimentation from 240 million years ago, to 60 million years ago.
It says the basin is similar to the Timan-Pechora Plate, one of the main oil producing regions of Russia.
Image: The Akademik Lazarev.
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