An Analysis of Geological Studies and Recommendations for the Near Future

An essential factor determining the reserve amount and the outlook of the structure is its location and distance from the nearest regions of HC generation. An analysis of the area in the South Caspian shows that HC reserves are more in case the hydrocarbon field is confined to a significant structure surrounded by several troughs containing oil- and gas-generating series. Prospecting works in 15 areas carried out by western oil companies in the last 30 years, only five areas appeared to be commercial oil and gas-bearing. The number of discovered productive traps is about 36% of all prospecting areas. The efficiency of prospecting works according to the number of productive wells is about 34%. Based on the facts mentioned, the SCB water area ranks according to the outlook degree.