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GEOUNIT LLC participated in the conference Odessa Offshore, October 5-6, 2017

In Odessa on October 5-6 2017 was held the conference devoted to hydrocarbons  exploration and production in offshore oil and gas regions. The conference was attended by OJSC “Ukrgasproduction” (Ukraine), Derrick Equipment Company (USA), CROSCO Ltd. (Croatia) and other development and service companies of the oil and gas market, including GEOUNIT LLC.

For the first time in recent years, the perspectives of the Southern Oil and Gas Region of Ukraine were discussed, that, within a huge (up to 2 trillion cubic meters of gas) prospects, have been mastered by less than 3%. The greatest resource potential is connected with offshore areas.

During the conference participants discussed geology, oil-and-gas potential, modern technologies of drilling within the offshore areas.

 General Director of  LLC "GEOUNIT" Igor Solovyov in his report analyzed the Ukrainian seismic exploration possibilities during the exploration of the Southern Oil and Gas Region, including the land parts and the offshore area (with transition zones). In order to develop the region resources successfully, according to Igor Solovyov view, it is necessary to allocate the blocks (areas) and announce the international licensing round. This practice, in combination with multi-client seismic survey, has repeatedly shown its effectiveness in the EU, North Africa, Latin America and others regions.

In the report also proposed a pilot project for profile seismic exploration on the one block of the Odessa southern oil and gas region, that purpose is to combine marine profiles with land seismic surveys. Such project will allow to clarify the geological structure of the territory and to strategically plan further steps for the prospect structures mastering.