Assessment of Undiscovered Conventional Oil and Gas Resources of the Greater Caspian Area, 2022

Fact Sheet 2024-3047
National and Global Petroleum Assessment
By: , and 

Links

Abstract

Using a geology-based assessment methodology, the U.S. Geological Survey estimated undiscovered, technically recoverable mean resources of 34.3 billion barrels of oil and 320 trillion cubic feet of gas in the Greater Caspian area.

Introduction

The U.S. Geological Survey (USGS) quantitatively assessed the potential for undiscovered, technically recoverable conventional oil and gas resources in eight geologic provinces in the Greater Caspian area (fig. 1). This assessment encompasses North Caspian Basin, North Ustyurt Basin, Middle Caspian Basin, Azov-Kuban Basin, South Caspian Basin, Kura Basin, Dnieper-Donets Basin, and Pripyat Basin Provinces.

Outlines of eight geologic provinces spanning the Greater Caspian area.
Figure 1.

Map showing the location of eight assessed geologic provinces in the Greater Caspian area.

The petroleum systems of the Greater Caspian area reflect the complex tectonic evolution of the continental margin of northeast Pangaea that bordered the Paleotethys and Neotethys Oceans (Otto, 1997; Brunet and others, 2003; Golonka, 2007). The basins assessed in this study are largely polyphase in that their modern structural configurations are the result of several tectonic processes. Accommodation space in these provinces is formed by subsidence in regional rifts, back-arc basins, intra-arc basins, thermal sag basins, and foreland basins, or combinations of these structural elements (Otto, 1997; Golonka, 2007; Boote and others, 2018).

Total Petroleum Systems and Assessment Units

In the Greater Caspian area, the USGS defined a Paleozoic–Mesozoic Composite Total Petroleum System (TPS) in the North Caspian Basin Province; Paleozoic Composite TPS in the North Ustyurt Basin Province; Mesozoic Composite TPS in the North Ustyurt Basin Province; Mesozoic–Cenozoic Composite TPS in the Middle Caspian Basin Province; Mesozoic–Cenozoic Composite TPS in the Azov-Kuban Basin Province; Mesozoic–Cenozoic Composite TPS in the South Caspian Basin Province; Mesozoic–Cenozoic Composite TPS in the Kura Basin Province; Paleozoic Composite TPS in the Dnieper-Donets Basin Province; and Paleozoic Composite TPS in the Pripyat Basin Province. The TPS names reflect the major source rock ages. Paleozoic source rocks are present in the Dnieper-Donets Basin, Pripyat Basin, North Caspian Basin, and North Ustyurt Basin Provinces. Paleozoic petroleum source rocks are organic-rich marls in carbonate intraplatform basins, Devonian synrift and postrift organic-rich marine shales, Carboniferous marine shales and marls and coals, and carbonaceous shales (Ulmishek, 2001b; Okere and Toothill, 2012). Mesozoic and Cenozoic source rocks are present in the North Ustyurt Basin, Middle Caspian Basin, Azov-Kuban Basin, South Caspian Basin, and Kura Basin Provinces (Otto, 1997; Ulmishek, 2001a, 2001c; Okere and Toothill, 2012). Mesozoic source rocks are Jurassic and Cretaceous carbonate intraplatform organic-rich marls and Jurassic lacustrine shale, coal beds, and carbonaceous shale. Cenozoic source rocks are dominated by Oligocene to Miocene Maykop Formation organic-rich marine shales and possibly diatomites (Smith-Rouch, 2006; Sachsenhofer and others, 2018, 2021). Fifteen assessment units (AUs) were defined within the TPSs, and each AU was assessed for undiscovered conventional oil and gas resources. Key assessment input data are summarized in table 1 and in Schenk (2025).

Table 1.    

Key input data for 15 conventional assessment units in the Greater Caspian area.

[Shading indicates not applicable. AU, assessment unit; MMBO, million barrels of oil; BCFG, billion cubic feet of gas]

Assessment input data—
Conventional AUs
North Caspian North and West Margin Presalt Reservoirs AU North Caspian South and East Margin Presalt Reservoirs AU
Minimum Median Maximum Calculated mean Minimum Median Maximum Calculated mean
Number of oil fields 1 40 80 41.0 1 90 180 92.2
Number of gas fields 1 80    160    82.0 1 60 120 61.5
Size of oil fields (MMBO) 5 8 200 12.2 5 10 10,000 80.8
Size of gas fields (BCFG) 30 60 6,000 149.3 30 72 50,000 487.6
AU probability 1.0 1.0
Assessment input data—
Conventional AUs
North Caspian Postsalt Reservoirs AU North Ustyurt Paleozoic Reservoirs AU
Minimum Median Maximum Calculated mean Minimum Median Maximum Calculated mean
Number of oil fields 1 120 240 122.9 1 5 15 5.3
Number of gas fields 1 50 100 51.2 1 50 150 53.2
Size of oil fields (MMBO) 5 8 100 10.5 5 8 100 10.5
Size of gas fields (BCFG) 30 60 8,000 168.2 30 60 20,000 260.1
AU probability 1.0 1.0
Assessment input data—
Conventional AUs
North Ustyurt Mesozoic–Cenozoic Reservoirs AU Middle Caspian Central Basin-South Mangyshlak Reservoirs AU
Minimum Median Maximum Calculated mean Minimum Median Maximum Calculated mean
Number of oil fields 1 20 60 21.3 1 80 160 82.0
Number of gas fields 1 40 120 42.5 1 100 200 102.5
Size of oil fields (MMBO) 5 8 2,000 28.0 5 8 1,800 26.6
Size of gas fields (BCFG) 30 60 10,000 185.7 30 60 20,000 260.1
AU probability 1.0 1.0
Assessment input data—
Conventional AUs
Middle Caspian North Caucasus Platform Reservoirs AU Middle Caspian Terek Foredeep-North Apsheron Reservoirs AU
Minimum Median Maximum Calculated mean Minimum Median Maximum Calculated mean
Number of oil fields 1 100 200 102.5 1 50 100 51.2
Number of gas fields 1 30 60 30.7 1 20 40 20.5
Size of oil fields (MMBO) 5 8 1,600 25.2 5 8 70 9.8
Size of gas fields (BCFG) 30 60 100 61.1 30 60 3,000 115.8
AU probability 1.0 1.0
Assessment input data—
Conventional AUs
Azov-Kuban Foredeep Reservoirs AU Azov-Kuban Foreland Reservoirs AU
Minimum Median Maximum Calculated mean Minimum Median Maximum Calculated mean
Number of oil fields 1 60 120 61.5 1 10 20 10.3
Number of gas fields 1 30 60 30.7 1 150 300 153.7
Size of oil fields (MMBO) 1 4 40 5.2 1 4 20 4.6
Size of gas fields (BCFG) 6 18 300 26.1 6 18 40 18.7
AU probability 1.0 1.0
Assessment input data—
Conventional AUs
South Caspian Marginal Fold Belt Reservoirs AU South Caspian Central Depression Reservoirs AU
Minimum Median Maximum Calculated mean Minimum Median Maximum Calculated mean
Number of oil fields 1 120 240 122.9 1 130 390 138.2
Number of gas fields 1 80 160 82.0 1 130 390 138.2
Size of oil fields (MMBO) 1 6 4,000 43.8 5 8 15,000 89.5
Size of gas fields (BCFG) 6 36 40,000 357.0 30 72 90,000 696.5
AU probability 1.0 1.0
Assessment input data—
Conventional AUs
Kura Basin Reservoirs AU Dnieper-Donets Paleozoic Reservoirs AU
Minimum Median Maximum Calculated mean Minimum Median Maximum Calculated Mean
Number of oil fields 1 70 140 71.7 1 60 120 61.5
Number of gas fields 1 30 70 31.1 1 240 480 245.9
Size of oil fields (MMBO) 5 8 100 10.5 1 3 10 3.2
Size of gas fields (BCFG) 30 60 500 74.0 6 24 1,000 46.3
AU probability 1.0 1.0
Assessment input data—
Conventional AUs
Pripyat Paleozoic Reservoirs AU
Minimum Median Maximum Calculated mean
Number of oil fields 1 50 100 51.2
Number of gas fields
Size of oil fields (MMBO) 1 2 10 2.3
Size of gas fields (BCFG)
AU probability 1.0
Table 1.    Key input data for 15 conventional assessment units in the Greater Caspian area.

Undiscovered Resources Summary

The USGS quantitatively assessed undiscovered conventional oil, gas, and natural gas liquids resources within 15 AUs in the Greater Caspian area (table 2). The fully risked mean totals are 34,335 million barrels of oil (MMBO) or 34.3 billion barrels of oil, with an F95–F5 fractile range from 13,519 to 67,172 MMBO; 319,574 billion cubic feet of gas (BCFG), or 320 trillion cubic feet, with an F95–F5 range from 122,871 to 626,967 BCFG; and 7,421 million barrels of natural gas liquids (MMBNGL), or 7.4 billion barrels of natural gas liquids, with an F95–F5 range from 2,858 to 14,628 MMBNGL.

Table 2.    

Results for 15 conventional assessment units in the Greater Caspian area.

[Results shown are fully risked estimates. F95 represents a 95-percent chance of at least the amount tabulated; other fractiles are defined similarly. Shading indicates not applicable. MMBO, million barrels of oil; BCFG, billion cubic feet of gas; NGL, natural gas liquids; MMBNGL, million barrels of natural gas liquids]

Total petroleum system and assessment units (AUs) AU prob-ability Accum-ulation type Total undiscovered resources
Oil (MMBO) Gas (BCFG) NGL (MMBNGL)
F95 F50 F5 Mean F95 F50 F5 Mean F95 F50 F5 Mean
North Caspian North and West Margin Presalt Reservoirs AU 1.0 Oil 301 483 754 499 841 1,351 2,110 1,398 9 15 23 15
Gas 6,686 11,755 19,604 12,261 87 153 255 159
North Caspian South and East Margin Presalt Reservoirs AU 1.0 Oil 2,668 6,511 15,339 7,443 3,996 9,740 22,987 11,163 64 156 368 179
Gas 10,297 25,596 64,463 29,960 565 1,408 3,543 1,648
North Caspian Postsalt Reservoirs AU 1.0 Oil 850 1,255 1,835 1,288 674 1,003 1,478 1,030 8 12 18 12
Gas 4,077 7,979 15,226 8,618 41 80 153 86
North Ustyurt Paleozoic Reservoirs AU 1.0 Oil 25 50 107 56 25 50 107 56 0 0 1 0
Gas 4,362 11,902 29,649 13,816 17 47 120 55
North Ustyurt Mesozoic–Cenozoic Reservoirs AU 1.0 Oil 153 461 1,522 596 60 183 613 238 0 0 1 0
Gas 2,769 6,952 16,138 7,867 33 83 194 94
Middle Caspian Central Basin-South Mangyshlak Reservoirs AU 1.0 Oil 1,043 2,023 3,830 2,178 2,608 5,058 9,577 5,444 52 101 192 109
Gas 12,486 24,878 46,817 26,655 474 945 1,779 1,013
Middle Caspian North Caucasus Platform Reservoirs AU 1.0 Oil 1,311 2,433 4,325 2,576 1,700 3,161 5,633 3,349 39 73 130 77
Gas 1,270 1,834 2,642 1,881 11 17 24 17
Middle Caspian Terek Foredeep-North Apsheron Reservoirs AU 1.0 Oil 330 491 724 504 592 885 1,304 908 5 7 11 7
Gas 1,150 2,182 4,257 2,375 17 33 64 36
Azov-Kuban Foredeep Reservoirs AU 1.0 Oil 206 310 459 318 349 527 782 541 4 5 8 5
Gas 478 775 1,208 800 11 18 28 18
Azov-Kuban Foreland Reservoirs AU 1.0 Oil 29 46 70 47 31 50 77 52 1 1 1 1
Gas 1,933 2,804 4,068 2,877 21 31 45 32
South Caspian Marginal Fold Belt Reservoirs AU 1.0 Oil 2,400 5,011 9,648 5,384 6,477 13,522 26,074 14,536 103 216 417 233
Gas 10,182 25,711 60,167 29,225 224 566 1,322 643
South Caspian Central Depression Reservoirs AU 1.0 Oil 3,502 10,633 27,032 12,378 9,469 28,720 73,039 33,421 151 460 1,168 535
Gas 30,807 85,447 197,056 96,099 646 1,793 4,138 2,018
Kura Basin Reservoirs AU 1.0 Oil 489 733 1,079 752 238 365 550 376 3 4 7 5
Gas 1,353 2,221 3,561 2,307 27 44 71 46
Dnieper-Donets Paleozoic Reservoirs AU 1.0 Oil 134 195 282 199 562 817 1,186 837 16 23 33 23
Gas 7,337 11,101 16,460 11,391 227 344 511 353
Pripyat Paleozoic Reservoirs AU 1.0 Oil 78 114 166 117 62 91 134 93 2 2 3 2
Gas
Total undiscovered conventional resources 13,519 30,749 67,172 34,335 122,871 286,660 626,967 319,574 2,858 6,637 14,628 7,421
Table 2.    Results for 15 conventional assessment units in the Greater Caspian area.

For More Information

Assessment results are also available at the USGS Energy Resources Program website, https://www.usgs.gov/programs/energy-resources-program.

Greater Caspian Assessment Team

Christopher J. Schenk, Tracey J. Mercier, Phuong A. Le, Andrea D. Cicero, Ronald M. Drake II, Thomas M. Finn, Sarah E. Gelman, Jane S. Hearon, Benjamin G. Johnson, Jenny H. Lagesse, Heidi M. Leathers-Miller, and Kira K. Timm

References Cited

Boote, D.R.D., Sachsenhofer, R.F., Tari, G., and Arbouille, D., 2018, Petroleum provinces of the Paratethyan region: Journal of Petroleum Geology, v. 41, no. 3, p. 247–297, accessed September 25, 2023, at https://doi.org/10.1111/jpg.12703.

Brunet, M.-F., Korotaev, M.V., Ershov, A.V., and Nikishin, A.M., 2003, The South Caspian Basin—A review of its evolution from subsidence modelling: Sedimentary Geology, v. 156, nos. 1–4, p. 119–148, accessed September 23, 2023, at https://doi.org/10.1016/S0037-0738(02)00285-3.

Golonka, J., 2007, Geodynamic evolution of the South Caspian Basin, chap. 7 of Yilmaz, P.O., and Isaksen, G.H., eds., Oil and gas of the Greater Caspian area: AAPG Studies in Geology, v. 55, p. 17–41, accessed September 25, 2023, at https://doi.org/10.1306/1205844St551463.

Okere, D., and Toothill, S., 2012, New insights into hydrocarbon plays in the Caspian Sea, Kazakhstan: Petroleum Geoscience, v. 18, p. 253–268, accessed September 25, 2023, at https://doi.org/10.1144/1354-079311-045.

Otto, S.C., 1997, Mesozoic–Cenozoic history of deformation and petroleum systems in sedimentary basins of Central Asia—Implications of collisions on the Eurasian Margin: Petroleum Geoscience, v. 3, p. 327–341, accessed September 25, 2023, at https://doi.org/10.1144/petgeo.3.4.327.

Sachsenhofer, R.F., Bechtel, A., Gratzer, R., Enukidze, O., Janiashvili, A., Nachtmann, W., Sanishvili, A., Tevzadze, N., and Yukler, M.A., 2021, Petroleum systems of the Rioni and Kura Basins of Georgia: Journal of Petroleum Geology, v. 44, no. 3, p. 287–316, accessed September 25, 2023, at https://doi.org/10.1111/jpg.12794.

Sachsenhofer, R.F., Popov, S.V., Coric, S., Mayer, J., Misch, D., Morton, M.T., Pupp, M., Rauball, J., and Tari, G., 2018, Paratethyan petroleum source rocks—An overview: Journal of Petroleum Geology, v. 41, no. 3, p. 219–245, accessed September 25, 2023, at https://doi.org/10.1111/jpg.12702.

Schenk, C.J., 2025, USGS National and Global Oil and Gas Assessment Project—Greater Caspian Area—Assessment unit boundaries, assessment input data, and fact sheet data tables: U.S. Geological Survey data release, https://doi.org/10.5066/P13GJMAQ.

Smith-Rouch, L.S., 2006, Oligocene–Miocene Maykop/Diatom Total Petroleum System of the South Caspian Basin Province, Azerbaijan, Iran, and Turkmenistan: U.S. Geological Survey Bulletin 2201–I, 27 p., accessed September 25, 2023, at https://pubs.usgs.gov/bul/2201/I/pdf/B-2201-I_508.pdf.

Ulmishek, G.F., 2001a, Petroleum geology and resources of the Middle Caspian Basin, former Soviet Union: U.S. Geological Survey Bulletin 2201–A, 38 p., accessed September 25, 2023, at https://pubs.usgs.gov/bul/2201/A/.

Ulmishek, G.F., 2001b, Petroleum geology and resources of the North Caspian Basin, Kazakhstan and Russia: U.S. Geological Survey Bulletin 2201–B, 25 p., accessed September 25, 2023, at https://pubs.usgs.gov/bul/2201/B/b2201-b.pdf.

Ulmishek, G.F., 2001c, Petroleum geology and resources of the North Ustyurt Basin, Kazakhstan and Uzbekistan: U.S. Geological Survey Bulletin 2201–D, 14 p., accessed September 25, 2023, at https://pubs.usgs.gov/bul/2201/D/.

Disclaimers

Any use of trade, firm, or product names is for descriptive purposes only and does not imply endorsement by the U.S. Government.

Although this information product, for the most part, is in the public domain, it also may contain copyrighted materials as noted in the text. Permission to reproduce copyrighted items must be secured from the copyright owner.

Suggested Citation

Schenk, C.J., Mercier, T.J., Le, P.A., Cicero, A.D., Drake, R.M., II, Finn, T.M., Gelman, S.E., Hearon, J.S., Johnson, B.G., Lagesse, J.H., Leathers-Miller, H.M., and Timm, K.K., 2025, Assessment of undiscovered conventional oil and gas resources of the Greater Caspian area, 2022: U.S. Geological Survey Fact Sheet 2024–3047, 4 p., https://doi.org/10.3133/fs20243047.

ISSN: 2327-6932 (online)

Study Area

Publication type Report
Publication Subtype USGS Numbered Series
Title Assessment of undiscovered conventional oil and gas resources of the Greater Caspian area, 2022
Series title Fact Sheet
Series number 2024-3047
DOI 10.3133/fs20243047
Year Published 2025
Language English
Publisher U.S. Geological Survey
Publisher location Reston VA
Contributing office(s) Central Energy Resources Science Center
Description Report: 4 p.; Data Release
Other Geospatial Greater Caspian area
Online Only (Y/N) Y
Additional publication details