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Minerals Report - International Seabed Authority

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A qualitative indication of resource potential, and hence a qualitative<br />

ranking of ELCS regions and their coastal states, can be made by comparing<br />

the known reserve province against the location of those countries with<br />

significant sedimentary sequence thickness. However, it does not indicate the<br />

estimated resource volume.<br />

The hydrocarbon resource potential, based on sediment thickness,<br />

crustal age and basement type is shown on Figure 25. High resource potential<br />

that coincides with ELCS regions are found throughout the Atlantic seaboard<br />

of North and South America (including the Labrador Sea); Antarctica;<br />

northern and western Norway; south and west of the United Kingdom and<br />

Ireland; parts of north-west Africa; south-west Africa, south-east Africa and<br />

East of the Horn of Africa; South of Pakistan; East and West of India; South of<br />

Tasmania (Australia); North of New Zealand and East of Australia; the Sea of<br />

Okhotsk; and the Alaskan Arctic seaboard. In all of these areas, conventional<br />

hydrocarbon resources are considerable and of high potential value.<br />

In many of the ELCS areas identified as having hydrocarbon resource<br />

potential, the seafloor lies beyond 500 m depth and 200 nautical miles from<br />

shore. In high latitudes there is both seasonal and permanent ice shelf cover.<br />

For these reasons, hydrocarbon resources in the ELCS regions are mostly submarginal<br />

to para-marginal. What can not be indicated or predicted is the size<br />

of individual oil fields, or whether sedimentary sequences that a have high<br />

potential for hydrocarbon resources have adequate geological traps. However,<br />

there is considerable potential for exploitation in the future when technology<br />

and economic conditions make exploration, proving, and ultimately<br />

exploiting of these resources viable.<br />

4.7 Marine gas hydrate deposits<br />

4.7.1 What marine gas hydrate deposits comprise<br />

Gas hydrates occur widely in nature mainly beneath the seafloor in<br />

deep-sea sediments but also close to the seabed in shallow arctic seas. This is<br />

because the compound is stabilised by a pressure – temperature relationship.<br />

In water depths greater than 300 m it can form at temperatures well above<br />

IINTERNATIONAL SEABED AUTHORITY 726

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