Abstract

Since 1966, numerous discoveries in new basins have caused major shifts in the Russian reserve picture, both stratigraphically and geographically. Most proved reserves now are in Mesozoic rather than in Paleozoic strata, and the principal oil- and gas-bearing basins of the future will be found in West Siberia, Kazakhstan, and Central Asia. The present major role of the Volga-Urals district will decline, and the center of USSR production will leave European Russia for the first time. West Siberian reserves alone are twice the amount of all oil and gas already produced and to be produced from the Volga-Urals district. In addition, large potential oil- and gas-bearing basins are present offshore and a major task is to develop the offshore shelves as soon as possible. Huge fi lds have been discovered in West Siberia and in Soviet Central Asia, as well as in the Pechora and Vilyuy basins. Cambrian production has been established in the Baltic depression of European Russia and in the Irkutsk basin of south-central Siberia. The ultimate number of fields that will be found in the USSR is unknown, but it will be many times more than the present 1,300-1,400.

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