Russian researcher claims edge in Arctic oil and gas

11 May 2017   Arctic, Russia

Ahead of a meeting of littoral states, a Russian expert said Wednesday there are new methods to offer an edge in assessing Arctic oil and gas reserves. Vladimir Cheverda, a project director at Russia’s Institute of Oil and Gas Geology and Geophysics, was quoted by state news agency Tass as saying seismic surveys used to get a better understanding of reserve potential is difficult given the geological and technical challenges of working in extreme climates. “Some oil companies attempted to establish systems of observation on floating ice but faced uncontrollable hindrances,” he said. “We managed to determine the source of the obstacles and are developing completely new methods for 3D seismic survey of minerals, as well as software designed for modern high-capacity […]

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