OIL AND GAS POTENTIAL AND BASIC PRINCIPLES OF THEIR PROSPECTING IN THE AZOV AND BLACK SEA AREAS OF UKRAINE

Geological and geophysical data of the marine deep drilling is analyzed. The experience of exploration for oil and gas in the Azov and Black Sea areas of Ukraine is overviewed. Years of experience of industrial development of the offshore oil and gas deposits in Ukraine allows for efficient development of water bodies using one’s own resource, but in modern conditions there are no significant results of large and unique deposits’ discovery. The article aims to overcome the existing problems in the development of oil and gas potential of water areas of Ukraine.