DD-
99
Negative
Development in the BDB remains sparse. Given the general opposition to oil & gas in the surrounding countries, large scale progress remains unlikely.
June 12, 2023
Europe - North West
Onshore & Offshore
Oil
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.
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
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