TGS-NOPEC's Faroe Shetland Basin Surveys identify a number of possible hydrocarbon plays in designated and undesignated areas in the Faroe Shetland Basin.

Both surveys show that the Eocene fan system, Tertiary inversion structures, and Mesozoic grabens and horsts both within the main basin and below the basalts are far more extensive that is generally indicated in the literature. There are numerous indications of the presence of an active hydrocarbon system.

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