scholarly journals KETIMPANGAN PENDAPATAN DAN POTENSI SEKTORAL DI KALIMANTAN TIMUR TAHUN 2002-2004

1969 ◽  
Vol 2 (3) ◽  
Author(s):  
Mayahayati Kusumaningrum
Keyword(s):  
Natural Resource ◽  
Oil And Gas ◽  
Local Development ◽  
Third Sector ◽  
Oil And Gas Industry ◽  
Developed Countries ◽  
Economic Activities ◽  
Location Quotient ◽  
Gas Industry ◽  
East Kalimantan

One of common characteristics of the less-developed countries is widespread of economic inequality among their regions. The problem of regional disparity occurs due to differentiation of both quality and quantity of human and natural resources. Indonesia is a classic example of a country with deep economic gap among its provinces. Ironically, East Kalimantan as one of the richest provinces in Indonesia has experienced the similar case. The development of Cities is approximately faster than that of Districts. Such situation is contributed by some factors such as concentration of economic activities, uneven distribution of investment, mobility rate of production, deprived domestic and international trade, etc. The implementation of policy on regional autonomy is intended to minimize such development upheaval. To some extent, however, autonomy laws have been sharpening the disparity among regions, particularly between oil-and-gas-based-regions and non-oiland- gas-based-regions. It means that natural resource (i.e. oil and gas) industry plays crucial role in escalating local development, especially where third sector (services, technology-based, communication, etc) is poorly developed. In the long-term perspective, the dependency on natural resource which is nonrenewable should be shifted to other sector having the potency to be continuously renewed. By using affiliation from Location Quotient (LQ) analysis, this paper tries to excavate the potency and inequality of economic development in East Kalimantan Province. The analysis aims to identify the priority of sound development sector in certain area and finding out the area owning advantage of location from any sector, in order to improve efficiency of economic activities.Keywords: ketimpangan ekonomi/pendapatan, sektor potensial, Kalimantan Timur.

scholarly journals MANAGEMENT OF THE OIL AND GAS INDUSTRY IN INDONESIA MANAGERIAL PERSPECTIVE (STUDY IN THE INDONESIAN UPSTREAM OIL AND GAS INDUSTRY)

2021 ◽  
Vol 2 (3) ◽  
pp. 381-395
Author(s):  
Kasman Arifin ◽  
Dina Hidayat ◽  
Iqbal Maulana Arifin
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Developed Countries ◽  
Financial Accounting ◽  
Exploratory Research ◽  
Literature Study ◽  
Gas Industry ◽  
State Income ◽  
The Government ◽  
Managerial Perspective

This article discusses the organization of upstream oil and gas industri in Indonesia from managerial perspective. For Indonesian context, actually this has been arranged by the Statement Oil and Gas Standard Accountancy No.29 Year 2009. In developed countries such as United States there is Standard Financial Accounting Statement issued by Financial Accounting Standard Board (FASB). In order to obtain clarity and transparency and to avoid different interpretation between the contractors and the government, therefore there ought to be explicit principles and methods in production sharing contract and desired accountancy period so that the similar method can be applied on APBN (National Planning and Expenditure Budget). This is since accountancy method affects financial report. With the latter, contractor’s performance and state income can be measured. Research methodology are ground research and exploratory research, reaseacher assumption based on field condition and resolve problem from literature study.

Analyzing the assets of the world’s leading public oil and gas corporations

2020 ◽  
Vol 19 (2) ◽  
pp. 359-373
Author(s):  
O.V. Shimko
Keyword(s):  
Statistical Analysis ◽  
Public Sector ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Annual Reports ◽  
Economic Activities ◽  
Public Companies ◽  
Gas Industry ◽  
The Public ◽  
Oil And Gas Companies

Subject. The article analyzes assets of the largest public companies operating in the oil and gas industry from 2006 to 2018, like ExxonMobil, Chevron, ConocoPhillips, Occidental Petroleum, Devon Energy, Anadarko Petroleum, PAO Gazprom, PAO NK Rosneft, PAO LUKOIL, and others. Objectives. The aim is to make a comprehensive statistical analysis of changes in absolute values and the structure of assets in the public sector of the oil and gas industry. Methods. The study employs methods of statistical analysis and generalization of materials of official annual reports based on the results of financial and economic activities of the largest public oil and gas corporations. Results. Using the comprehensive analysis of balance sheets of 25 oil and gas companies, I determine changes in the size and structure of assets in the public sector of the industry, and establish the main factors that contributed to this transformation. Conclusions. The findings revealed an increase in the book value of assets in the majority of leading public oil and gas companies. Large mergers and acquisitions and agreements for new field developments also contributed to the increase. The study established that the protracted industry crisis resulted in reducing the proportion of current assets in order to release funds for revenue increase. That was why oil and gas companies sought to accelerate the collection of receivables, primarily by means of trade component. It was also determined that they channeled a part of funds thus collected to short-term financial investments.

scholarly journals Theoretical Approach in Vp/Vs Prediction from Rock Conductivity in Gas Saturating Shaly Sand

2018 ◽  
Vol 13 (1) ◽  
pp. 45
Author(s):  
Denny MF. Mendrofa
Keyword(s):  
Elastic Property ◽  
Clay Mineral ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Significant Discrepancy ◽  
Gas Industry ◽  
Realistic Condition ◽  
East Kalimantan ◽  
Sand Deposit ◽  
Shaly Sand

Most of study in Oil and Gas Industry are studying Vp/Vs behaviour against hydrocarbon presence in a porous rock. Vp/Vs number is commonly used to model Amplitude Variation against Offset response of a gas sand which allow us be able to discriminate it from the water sand. The model is built in term to match the synthesized Vp/Vs against the observed Vp/Vs which actually correspond to elastic property of porous and fluid saturating rocks. This study is aimed to find correlation between elastic property and conductivity of saturated rocks, especially reservoir in this study is found as a shaly sand unit, a turbidite sand deposit in Kutai Basin, East Kalimantan. The correlation between elastic property and conductivity properties are rarely discussed in many studies, however this study gives a new insight and evidence of how elastic and the inverse of conductivity (resistivity) properties are correlating both ways formulized theoretically with a support from Gassmann and Archie equations. In this study, more realistic condition is accomplished by taking clay mineral into account in sand unit and hence impact to Vp/Vs derivation from resistivity. Furthermore, sand-shale texture is considered important when this study giving a significant discrepancy of how clay mineral is distributed in sand unit and impacted to Vp/Vs and resistivity values. Thomas-Stieber diagram is useful when defining a disperse and/or laminate distribution of shale in the observed porous sand.

scholarly journals Environmental and economic indicators of sustainable development of enterprises of oil and gas complexes

2021 ◽  
Vol 92 ◽  
pp. 08009
Author(s):  
Arif Huseynov
Keyword(s):  
Environmental Management ◽  
Oil And Gas ◽  
Value Added ◽  
Oil And Gas Industry ◽  
Developed Countries ◽  
Environmental Safety ◽  
Indicator System ◽  
Gas Industry ◽  
The Cost ◽  
The Impact

Research background: An indicator system is proposed to determine the nature of environmental and economic sustainability in the oil and gas industry. Purpose of the article: The main purpose here is based on the experience of developed countries and the safety practices of enterprises, which are widely used in the world as well as in terms of environmental efficiency. This indicator is used to identify the impact of the oil and gas industry on the environment and environmental-economic and social indices. Methods: Based on various experiences and indices, development and application of indicators is of great importance in terms of development strategies for enterprise formation, elimination of prerequisite in the change of environmental factors, social responsibility and environmental safety. These indicators can be used to establish the environmental rate of the enterprise. Important features of these indicators are their universality, their use in any fuel and energy complex. Findings & Value added: Its activity specificity (environmental and economic) is to evaluate the cost of damage. One of its distinctive features is to carry out accounting of the interaction between all environmental and economic character of the enterprise. This experience is already used in the Russian gas industry. Thus, this system demonstrates its applicability in environmental management and optimization of enterprise operation. In Russia, development of significant environmental management of the country in terms of environmental and economic financing, assessment of environmental impact is carried out in accordance with ISA 14000 standards.

scholarly journals Composite leading indicators of economic activity: An application to the upstream oil and gas industry in Rio de Janeiro

2020 ◽  
Vol 18 (2) ◽  
pp. 55
Author(s):  
Rafael Gonçalves Patrocínio ◽  
Jéfferson Augusto Colombo
Keyword(s):  
Economic Activity ◽  
Rio De Janeiro ◽  
Oil And Gas ◽  
Statistical Tests ◽  
Turning Points ◽  
Oil And Gas Industry ◽  
Economic Activities ◽  
Gas Industry ◽  
Leading Indicator ◽  
Prime Movers

This paper proposes a monthly composite leading indicator to anticipate turning points in the economic activity of the upstream oil and gas industry in Rio de Janeiro, from January 2002 to May 2019. Firstly, we build a database with 61 series, and categorize each of them into i) rapidly responsive to economic activities; ii) expectation-sensitive; or iii) prime movers indicators. Afterward, we remove the seasonality of the series through the X-13 ARIMA-SEATS method and use the Bry-Boschan algorithm to identify the cycles. Then, we evaluate the components’ fit to integrate the composite leading indicator through four statistical tests: cross-correlation, quadratic probability score, Granger causality, and probit. The assessment of the composite leading indicator demonstrates that it leads 67% of the peaks and 100% of the troughs in the target series (5/6 of the turning points). Furthermore, the average leading period is 8.4 months, while the median is 9 and the standard error is 2.8 months. We contribute to the literature by creating, to our knowledge, the first leading indicator for the oil and gas industry in Brazil.

Public Policy and Resource Use: The Case of Offshore Oil

1987 ◽  
Vol 5 (2) ◽  
pp. 111-121 ◽  
Author(s):  
Federico Foders
Keyword(s):  
Natural Resource ◽  
Resource Use ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
The United States ◽  
Hydrocarbon Exploration ◽  
Outer Continental Shelf ◽  
Gas Industry ◽  
Public Choice Perspective ◽  
The Government

This paper addresses the role of the government as a producer of regimes to govern natural resource use. The regime for hydrocarbon exploration and exploitation in the Outer Continental Shelf of the United States serves as an empirical illustration. The efficiency of this regime is evaluated applying criteria derived from economic theory (natural resource and property rights theory). The claims put forward by powerful political groups are contrasted with empirical evidence on the performance of the oil and gas industry. The fact that these claims were able to substantially influence the making of the regime in spite of their actual irrelevance is analysed from a public choice perspective.

scholarly journals Forest Conversion in Upstream Oil and Gas Industry Area

2020 ◽  
Vol 1 (3) ◽  
pp. 256-264
Author(s):  
Meyzi Heriyanto ◽  
Bayu Andrianto Wirawan ◽  
Darwis, AN
Keyword(s):  
Oil And Gas ◽  
Grid Method ◽  
Wald Test ◽  
Oil And Gas Industry ◽  
Active Role ◽  
Systematic Sampling ◽  
Forest Conversion ◽  
Economic Activities ◽  
Gas Industry ◽  
Industry Area

Forest conversion is the root of the problem that can hamper investment, state revenue, and potentially cause state losses. The purpose of this study was to analyze forest conversion in the upstream oil and gas industry area and the factors that influence forest conversion in the upstream oil and gas industry area based on spatial analysis. This study used systematic sampling with the point grid method measuring 1 kilometers * 1 kilometers. Rokan Block had 5,125 sampling points. This study used raster-based GIS analysis and logistic regression with the Wald Test. The results of the study showed that the Rokan Block Area experienced a fairly severe forest conversion in 2000-2014 influenced by the total population and The 1986 TGHK. The novelty of this study is that the active role of communities around the forests that still upholds the concern for the forest must be preserved, because they will be the front guard in securing forest encroachment, and upstream oil and gas industry are not the main economic activities that cause forest conversion

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