Baltic Depression

Outline

Key Indicators

Rating

DD-

Ranking

91

Outlook

Negative

Commentary

Development in the BDB remains sparse. Given the general opposition to oil & gas in the surrounding countries, large scale progress remains unlikely.

Updated

May 27, 2021

Outline

Region

Europe - North West

Position

Onshore & Offshore

Hydrocarbon

Oil

Location

Baltic Depression

Description

Petroleum generation from Cambrian, Ordovician, and Silurian source rocks began in the Late Silurian prior to the Devonian to Carboniferous Hercynian orogeny. Uplift and erosion during this orogeny removed at least 1,000m of lower Palaeozoic rocks and potentially affected the retention of hydrocarbons within the source/reservoir rock systems, which constitutes a major source of geologic uncertainty in the assessment.

Summary

The Baltic Depression Province is an area of approximately 232,410sq km, and exists partly offshore and includes areas of onshore Poland, Russia (Kaliningrad), Lithuania, Latvia, Estonia, and Sweden.

Source: ESRI, BGS, USGS & OGA data

© 2021 Oil & Gas Advisors Limited
Website by Rugby Web Design