Sol: The economic feasibility of exploration has not been proven in a spot "Blue Whale" In the East Sea
South Korea said that it failed to confirm the economic feasibility of one of the potential oil and gas reservoirs in the East Sea, where the results of the first exploratory drilling at the drilling point bearing the name & quot; the blue whale & quot;, as announced by the Ministry of Trade, Industry and Energy. p>
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Seoul conducted the first exploratory excavation operation in one of seven potential points for oil and gas reserves, which were discovered last year in the depths of the seas off the coast of the Gulf & quot; Young El & quot; In Bohang, about 270 km southeast of Seoul, for about two months, starting from December 20.
& nbsp; – The initial result of drilling showed the possibility of gas at the blue whale point, but the rate of hydrocarbons, which is a major factor in estimating the amount of oil and gas in the potential basin, was not important enough to have an economic feasibility.
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The Ministry plans to issue a temporary report in May or June, and to issue the final report on the results of the excavation in August. & quot; We temporarily emphasized the existence of signs of the presence of gas through exploration, but we believe that the level of hydrocarbons saturation is not enough to ensure the economic feasibility of the dug area (the blue whale) & quot;
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He added that & quot; it is excluded & quot; Drilling again on this site.
& nbsp; Best & quot;
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The geological system for potential oil and gas is formed from four main components, namely the source rocks, treasures rocks, cover rocks and rock compositions called oil traps.
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