The Timan–Pechora Basin Province represents the northeastern-most cratonic block of Eastern European Russia. More than 16 billion barrels of oil (BBO) and 40 trillion cubic feet of gas (TCFG) have been discovered in this basin. Three geological assessment units (AU) were defined for assessing the potential for undiscovered oil and gas resources. The NW Izhma Depression AU encompasses all potential structures and reservoirs in the northwestern part of the Izhma–Pechora Depression, but this part of the basin contains little source and reservoir rocks and so was not assessed quantitatively. The Main Basin Platform AU includes all structures and reservoirs that developed in the central part of the basin where the tectonic evolution and development of petroleum systems were complex. The Foredeep Basins AU includes all potential reservoirs within the thick sedimentary section of the foredeep basins developed during the Permo-Triassic Uralian Orogeny. For the Timan–Pechora Basin Province, the estimated means of undiscovered resources are 3.3 BBO, 17 TCFG and 0.3 billion barrels of natural gas liquids (BBNGL). For the areas of the AUs north of the Arctic Circle in the Timan–Pechora Basin Province, the estimated means of undiscovered resources are 1.7 BBO, 9.0 TCFG and 0.2 BBNGL. The Pechora Sea was assessed with the South Barents Sea Province and is not included in this assessment.