• Title/Summary/Keyword: regressive package

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Seismic Sequence Stratigraphy in the Southwestern Margin of the Ulleung Basin, East Sea (울릉분지 남서연변부의 탄성파 시퀀스 층서분석)

  • CHOI Dong-Lim
    • The Korean Journal of Petroleum Geology
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    • v.6 no.1_2 s.7
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    • pp.1-7
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    • 1998
  • A multichannel seismic profile from the southwestern margin of the Ulleung Basin, East Sea, was analysed in detail to interpret the middle to late Miocene sequence stratigraphic evolution of the area. A regressive package is overlying a transgressive package which, in turn, is underlain by older uplifted and deformed sedimentary layers. A prominent condensed section separates the regressive and transgressive packages. The transgressive package is characterized by onlapping onto the underlying uplifted and deformed strata. The regressive package contains six prograding sequences composed of seismically resolvable lowstand, highstand, and transgressive systems tracts. Most of the depositional sequences comprise lowstand systems tracts consisting of basin-floor fan, slope fan, and prograding complex. Potential reservoirs in the regressive package are turbidite sands in basin-floor fans, channel-fill sands and overbank sand sheets in slope fans, and incised valley-fill sands in the shelf. The shallow marine sands in transgressive packages are another type of reservoir. Detailed sequence stratigraphic analysis, seismic data reprocessing, and 3-D seismic survey are suggested for the successful hydrocarbon exploration in the study area.

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The Effect of COVID-19 Pandemic on Stock Market: An Empirical Study in Saudi Arabia

  • ALZYADAT, Jumah Ahmad;ASFOURA, Evan
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.913-921
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    • 2021
  • The objective of the study is to investigate the impact of the COVID-19 pandemic on Saudi Arabia stock market. The study relied on the data of the daily closing stock market price index Tadawul All Share Index (TASI), and the number of daily cases infected with COVID-19 during the period from March 15, 2020, to August 10, 2020. The study employs the Vector Auto-Regressive (VAR) model, the Impulse Response Function (IRF) and Autoregressive Conditional Heteroscedasticity (ARCH) models. The results of the correlation matrix and the Impulse Response Function (IRF) show that stock market returns responded negatively to the growth in COVID-19 infected cases during the pandemic. The results of ARCH model confirmed the negative impact of COVID-19 pandemic on KSA stock market returns. The results also showed that the negative market reaction was strong during the early days of the COVID-19 pandemic. The study concluded that stock market in KSA responded quickly to the COVID-19 pandemic; the response varies over time according to the stage of the pandemic. However, the Saudi government's response time and size of the stimulus package have played an important role in alleviating the impacts of the COVID-19 pandemic on Saudi Arabia Stock Market.