Trap Magmatism: Possibility of Formation of Oil and Gas Deposits

Abstract

Hydrocarbon reserves from the explored traditional traps of oil and gas at depths of up to 3 km, which are characterized by a low level of production costs, are now practically exhausted. It is necessary to make a choice of the direction of conducting prospecting and exploration works, while being guided by the criteria of the cost price of oil and gas production. Against the background of very costly work on the production of hydrocarbons from hard-to-recover reserves, resources of shale formations and shelf deposits, the global phenomenon of trap magmatism, especially within ancient platforms, opens up prospects for involving significant volumes of sedimentary strata at relatively shallow depths in oil and gas exploration studies, which will allow to open fairly cheap oil and gas reserves.