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The AAPG/Datapages Combined Publications Database

AAPG Special Volumes


Pub. Id: A122 (1977)

First Page: 9

Last Page: 10

Book Title: CN 5: Geology of Continental Margins

Article/Chapter: Petroleum Prospects of Continental Slopes and Rises

Subject Group: Geologic History and Areal Geology

Spec. Pub. Type: Course Notes

Pub. Year: 1977

Author(s): Hollis D. Hedberg, J. D. Moody


A review of the probable geology of continental slopes and rises over the world conclusively shows that the petroleum prospects of these oceanic realms are at least good enough to justify extensive exploration drilling, if, as, and when, there is demand for petroleum at prices adequate to cover the costs of production in these environments. The

End_Page 9--------------------------

technology is already essentially available for such production although future improvements will continually be making it more feasible. The controlling factors are largely economic and political -- dependent on costs of operation and prices for the product, and on the nature of the political jurisdiction over these areas. Quantitative estimates of petroleum resources beneath the slopes and rises must be extremely conjectural at this stage, but the geological setting for oil or gas accumulations is at least promising.

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