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Ukraine Onshore and Offshore Oil and Gas Potential - Larger Than We Thought Only Some Years Ago. New Area of International Exploraiton?

There are three Petroliferous provinces ininternational companies such as Shell,
Ukraine. In the west, there is the CarpathianExxonMobil and Marathon f.inst has developed
hydrocarbon region, in the east we have theinto joint ventures in the country both in
Dnipro-Donetsk region, or Donbas hydrocarbonthe upstream as well as the downstream
province, and in the south there is the Blacksegment  of  the  oil  and  gas  industry.
Sea  and  the  Crimea  hydrocarbon  province.
A report published in 2007 by myself ( will
Ukraine's hydrocarbon resources are estimatedgive you an overview of scientific work
at  7-8  billion  tons  of  fuel  equivalent.performed in Ukraine hydrocarbon provinces.
Work has been performed by local scientists
Average annual oil and gas production amountsbut also from a variety of scientists around
to 18 billion cubic meters of natural gas andthe world. Ukraine has been had interest from
4 million tons of crude oil, and covers 25 %lots of scientists for many years, but only
of the demand for natural gas and 13 % of thethe latter years has attracted the attention
demand  for  crude  oil  in  Ukraine.of international industry. The last few years
even the larger multinational oil and gas
Crude oil and natural gas are importedcompanies have been bidding for acreage both
primarily from Russia, or through Russia fromonshore  and  offshore  Ukraine.
Turkmenistan (natural gas) and Kazakhstan
(crude  oil.)The report is organized into geological
regions, however some articles span over
Oil and gas make up 59 % of the primary fuelseveral regions, and will therefore be found
consumption in Ukraine, including 41 %in several places in the report or only in
natural  gas  and  18  %  petroleum.one  of  these.
In a report compiled by myself there isRecent 2D seismic shot in the Black sea,
provided a brief overview of Ukraine's oil &reveals several potential larger structures
gas resources and production; oil & gasranging from the simple structural to more
storage and transportation system; oilcomplex stratigraphic traps that have a large
refining and gas processing system; oil & gaspotential for hydrocarbons. Some of the traps
field machinery market; and major projects inalso have potential hydrocarbon indicators
the  oil  &  gas  sector.associated with them, and therefore
constitute high potential structures. Some of
Several scientific studies have been done inthe structures could be in the billion barrel
Ukraine, and a large amount of interest fromoil field size.



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