$99k (USD) per Sponsor
Compared to the U.S. Gulf of Mexico, West Africa margins, and the South Atlantic margin, the South China Sea (SCS) is an frontier exploration region. Based on Energy Information Administration (EIA) and U.S. Geological Survey (USGS) estimates, the SCS contains proven or probable reserves of approximately 11 billion barrels of oil (bbl) and 190 trillion cubic feet (Tcf ) of gas and may have an additional, undiscovered 12 bbl of oil and 160 Tcf of gas resources.
Recent discoveries in Yinggehai Basin and Pearl River Mouth Basin located in the northern continental margin, Cuu Long in western SCS, and Reed Bank in southeastern SCS have spurred exploration efforts in the region. The current exploration status differs from basin to basin due to the variety of geologic settings, and a lack of regional studies to characterize the differences in those basins. The study objectives are to understand the regional tectonic and depositional evolution and petroleum systems in SCS.
Project results are made available to sponsors in a Final Project Report as well as ArcGIS. Project Sponsor update meetings will be held as needed.