Abstract
Economic hardship in Ukraine during the years of independence led to a sharp reduction of exploration work on oil and gas, a drop in hydrocarbon production, a decrease in inventories and a sharp collapse of research work to ensure the growth of hydrocarbon reserves.The hydrocarbon potential of various sources of Ukrainian subsoil is quite powerful and can provide future energy independence of the country. Potential hydrocarbon resources in traditional traps of various types are exhausted by only 25 %. Ukraine has recently experienced so-called “shale gas boom”. The experience of extraction of shale gas in desert areas of the United States can not be repeated in densely populated Ukraine in the absence of such powerful shale strata, resource base, necessary infrastructure, own technologies and techniques and economic, environmental and social risks.Taking into account the fuel and energy problems of the state, we constantly throughout the years of independence oriented the oil and gas industry and the authorities on the active use of our own reserves and opportunities for accelerated opening of new oil and gas fields.The results of geological exploration work in the old oil and gas basins at the high level of their study indicate that deposits in non-structural traps dominate among open deposits.A complex of sequence-stratigraphical, lithology-facies and lithology-paleogeographical studies is being successfully used to forecast undeformational traps in well-studied oil and gas bearing basin of the Ukraine – the Dniprovsko-Donetsky basin. The authors predict wide development of stratigraphic, lithologic, tectonic and combined traps in terrigenous sediments of Tournaisian and Visean age, reef-carbonate massifs of the lower Tournaisian, lower and middle Visean age and others. They should become the basis for exploration of oil and gas fields for the near and medium term and open the second breath of the basin.