Siberian Shelf Siberian Shelf The Siberian Shelf, one of the Arctic Ocean coastal shelves (such as the Milne Ice Shelf), is the largest continental shelf of the Earth, a part of the continental shelf of Russia. It extends from the continent of Eurasia in the general area of North Siberia (hence the name) into the Arctic Ocean. It stretches to offshore. It is relatively shallow, with average depth of 100 m. A number of islands are within the shelf, including the Wrangel Island, Novaya Zemlya, and the New Siberian Islands. It is encompassed by the Kara Sea, Laptev Sea, and East Siberian
East-Prinovozemelsky field immediately fatal for the venture, as under the terms of the agreement ExxonMobil has until 2023 to begin operations in the field. The South Kara Sea hydrocarbons basin lies on the same geological trend with the Western Siberian hydrocarbon province. The East-Prinovozemelsky area covers . According to Rosneft, the estimated oil in place is and the estimated natural gas in place is . Of this of oil and of gas lies in EPNZ-1 block, of oil and of gas in EPNZ-2, and of oil and of gas in EPNZ-3. East-Prinovozemelsky field The East-Prinovozemelsky field (also referred as Vostochno-Prinovozemelskoye structure –