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Timan-Pechora Basin
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== Oil and gas extraction == A planned project to mine its oil and gas was conceived in the mid-1990s and approved by [[United States of America|United States]] and [[Russia]]n Governments. As of September 29, 2004, [[Conoco]] and [[LUKoil]] planned to jointly develop this Basin. {| class="wikitable" !2004!!2005!!2006!!2007!!2008!!2009!!2010!!2011!!''Reference'' |- ||11.732||12.476||13.601||14.576||16.685||21.662||21.175||17.547 | colspan=6 | <ref>[http://www.lukoil.com/static_6_5id_254_.html Lukoil - Oil production ] {{Webarchive|url=https://web.archive.org/web/20140702222056/http://www.lukoil.com/static_6_5id_254_.html |date=2014-07-02 }}</ref> |} Since 2004 the production increased and the importance for LUKoil increased. However, the production began to decline in 2010. Large investments are needed to increase production rates or at least to maintain production at levels over 17 million tons annually. Oil extraction has produced limited environmental damage. In particular it has caused [[eutrophication]] and [[organic contamination]] of waters as interpreted from low [[diatom]] diversity and absence of pollution sensitive diatoms among other things. Possibly oil extraction is also behind lower avian diversity at some locations as transport activity might have disturbed wildlife. Despite this much of the Pechora region can be described as "semi-pristine" from an ecological point of view.<ref>{{cite journal |last1=Walker |first1=Tony R. |last2=Crittenden |first2=Peter D. |last3=Dauvalter |first3=Vladimir A.|last4=Jones |first4=Vivienne|last5=Kuhry |first5=Peter|last6=Mikkola |first6=Kari|last7=Nikula |first7=Ari|last8=Patova |first8=Elena|last9=Ponomarev |first9=Vasily I.|last10=Pystina |first10=Tatyana|last11=RΓ€tti |first11=Osmo|last12=Solovieva |first12=Nadia|last13=Stenina |first13=Angelina|last14=Virtanen |first14=Tarmo|last15=Young |first15=Scott D.|date=2009 |title=Multiple indicators of human impacts on the environment in the Pechora Basin, north-eastern European Russia |url=https://www.researchgate.net/publication/233747496 |journal=Ecological Indicators |volume=9 |issue= 4|pages=765β779 |doi= 10.1016/j.ecolind.2008.09.008|access-date=3 October 2015}}</ref> In a 2018 assessment, the [[United States Geological Survey]] estimated for undiscovered, technically recoverable continuous resources, the mean totals for the region are 1,425 million barrels of shale oil, or 1.4 billion barrels of oil; 45,721 billion cubic feet, or 46 trillion cubic feet of gas; and 737 million barrels of [[natural gas liquids]].<ref>{{cite book |title=Assessment of Continuous Oil and Gas Resources of the Timan-Pechora Basin Province, Russia, 2018 |date=2018 |publisher=U.S. Department of the Interior, U.S. Geological Survey |location=Reston, VA |url=https://purl.fdlp.gov/GPO/gpo113383 |accessdate=19 December 2018}}</ref>
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