Nowadays, Russia is strongly interested in developing its continental shelves in order to enlarge the oil and gas potential of the country. As one of the major hydrocarbon exporters in the world, Russia is in search for a viable alternative to replace its aging Western Siberian fields, which are experiencing a gradual unavoidable decline in production. Therefore, the Russian government launched large-scale programs for conducting additional geological exploration in other parts of the country, including the Caspian shelf, intended for the further expansion of the oil and gas production.