scholarly journals Main directions in the development of Russia’s oil sector in the first half of the XXI century

2019 ◽  
Vol 89 (11) ◽  
pp. 1095-1104 ◽  
Author(s):  
Alexey E. Kontorovich ◽  
Lev M. Burshtein ◽  
Valery R. Livshitc ◽  
Svetlana V. Ryzhkova
Keyword(s):  
Oil And Gas ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
First Century ◽  
Special Focus ◽  
Resource Base ◽  
Gas Industry ◽  
Oil And Gas Fields ◽  
Oil Sector ◽  
Gas Fields

This paper discusses the most important aspects of the development of the oil and gas industry in Russia. To replace declining oil production in Russia, we need to change the obsolete paradigm of the development of the domestic resource base. In the twenty-first century, the priority tasks in the search for oil deposits should be the Russian Arctic shelves and immature onshore provinces as well as unique unconventional oil accumulations (Bazhenov, Domanik, Khadum, Kuonamka Formations, etc.). In addition, special focus should be placed on the exploration of small and smallest oil and gas fields, which will be developed with the collaboration of small- and medium-sized oil businesses to ensure up to 20% of domestic oil production. The shift from extensive to intensive development of Russias oil and gas sector will require the prioritizing of technological tasks.

scholarly journals MANAGEMENT AUTHORITY OF OIL AND GAS RESOURCES IN ACEH TERRITORY AFTER SIGNING THE GOVERNMENT REGULATION NUMBER 23 YEAR 2015

2018 ◽  
Vol 3 (Number 2) ◽  
pp. 59-69
Author(s):  
Azhari Yahya ◽  
Nurdin MH
Keyword(s):  
Government Regulation ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Oil And Gas Fields ◽  
Oil And Gas Resources ◽  
Free Aceh Movement ◽  
The Government ◽  
Gas Fields ◽  
Energy Law

The oil and gas industry in Indonesia has been started since 1871 by Royal Dutch Shell. Meanwhile, the oil and gas industry in Aceh began in 1971 which was marked by the discovery of the Arun oil and gas fields. At that time, the management of oil and gas is done centrally by not involving the Government of Aceh as a regional producer. This led to armed conflict between the Government of Indonesia and the Free Aceh Movement and prolonged conflict (for 32 years) ended with the approval of the joint oil and gas management pattern found in the territory of Aceh as stipulated in the MoU Helsinki on August 15 2005, Law No. 11 of 2006 concerning the Government of Aceh and Government Regulation No. 23 of 2015 concerning Joint Management of Oil and Gas in Aceh. In order to finalize joint oil and gas management in Aceh, universities, especially the Faculty of Law, need to immediately prepare human resources who are competent in the oil and gas and energy law so that they are skilled at negotiating and drafting a Production Sharing Contracts (PSC) for oil and gas or Kontrak Bagi Hasil (KBH). For this purpose, law faculties need to immediately incorporate oil and gas and energy law courses into their curriculum.

scholarly journals THE MAIN RESERVE OF ACCELERATED EFFECTIVE OPENING OF OIL AND GAS FIELDS IN UKRAINE

2019 ◽  
pp. 31-37
Author(s):  
V. T. Kryvosheyev ◽  
V. V. Makogon ◽  
Ye. Z. Ivanova
Keyword(s):  
Shale Gas ◽  
Oil And Gas ◽  
Research Work ◽  
Oil And Gas Industry ◽  
The United States ◽  
Resource Base ◽  
Hydrocarbon Production ◽  
Oil And Gas Fields ◽  
High Level ◽  
Gas Fields

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.

scholarly journals Will Uzbekistan’s oil and gas industry benefit from international listing?

2016 ◽  
Vol 14 (2) ◽  
pp. 262-271
Author(s):  
Kurkam Suvanova ◽  
Changmin Lee ◽  
Hyoung-Goo Kang
Keyword(s):  
Oil And Gas ◽  
Positive Impact ◽  
Oil And Gas Industry ◽  
Government Control ◽  
State Budget ◽  
Gas Industry ◽  
Oil And Gas Fields ◽  
Low Efficiency ◽  
Gas Fields ◽  
Efficiency And Productivity

Uzbekistan’s oil and gas industry is experiencing declining production due to the depletion of existing oil and gas fields and aging production infrastructure. A multi-level organizational structure at Uzbekneftegaz is another reason for low efficiency of the industry, which causes the problems of increased bureaucracy, increased tax burden and inefficient allocation of resources. Partial privatization of Uzbekneftegaz can be an efficient tool in attracting alternative financing without putting the burden on the state budget and not ceding government control. Being listed on the international market, Uzbekneftegaz will have to follow internationally accepted corporate governance standards. This will have a positive impact on the efficiency and productivity of the industry

To SSIV, or not to SSIV: that is the question

2009 ◽  
Vol 49 (1) ◽  
pp. 13
Author(s):  
Steven Cooper ◽  
Fiona Aoun
Keyword(s):  
Oil And Gas ◽  
Large Diameter ◽  
Oil And Gas Industry ◽  
Design Teams ◽  
Gas Industry ◽  
Oil And Gas Fields ◽  
The People ◽  
The World ◽  
Gas Fields

Sub Sea Isolation Valves (SSIVs) are normally considered for installation on the majority of facility builds. They first started coming to prominence in the world of safety following the Piper Alpha tragedy in 1988, where 167 people died and the platform was destroyed as a result of an explosion and fire. The aim of SSIVs is to protect the people on the platforms by limiting the amount of hydrocarbon available for a jet fire. Reducing the severity of a jet fire protects the integrity of manned living quarters in the event of an issue with the pipeline. This theory still holds true today but twenty plus years on SSIVs are not always included in new facility designs. Oil and gas fields developed in the future are more likely to be in more remote locations with large diameter pipelines tied back to onshore processing facilities. With well bays being replaced by subsea wells and flowlines it would be thought that the SSIV would now be man’s best friend; however, with the oil and gas industry showing a declining trend in fatalities around the world and with design improvements preventing and mitigating the occurrence of major accident events, many operators are questioning the added benefits of the SSIV. This paper debates the use of the SSIV and explores the issues over which many design teams deliberate. It considers the positives and the negatives associated with the SSIV and illustrates why an SSIV installation is a case-by-case prospect. A case study using a risk-based approach for installing the SSIV as part of a design concept is used to help illustrate this point.

scholarly journals APPLICATON OF MICROSEISMIC NOISE ESTIMATION IN OIL AND GAS EXPLORATION AIMED AT REDUCING ENVIRONMENTAL IMPACT

2019 ◽  
Vol 14 (2) ◽  
pp. 202-210
Author(s):  
A. Yu. Tsivadze ◽  
Yu. V. Sirotinskiy ◽  
M. A. Abaturov
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Noise Estimation ◽  
3D Seismic ◽  
Gas Industry ◽  
Oil And Gas Exploration ◽  
Oil And Gas Fields ◽  
Hardware Complex ◽  
Acoustic Methods ◽  
Gas Fields

Aim. This article discusses the possibility of reducing ecological costs and risks during exploration of oil and gas fields. To this end, we propose to reduce the number of exploratory drilling works performed using unjustified non‐productive wells. Such a problem can be solved with the help of innovative seismic‐acoustic methods of direct deposit exploration.Methods. The method of microseismic noise estimation (MNE) in application to hidden hydrocarbon de‐ posits is proposed. When implementing the MNE algorithms, Chebyshev spectroscopy and analysis of the noise in terms of Gaussian distribution were used.Results. The hardware im‐ plementation of the MNE method is presented. The key component of the hardware complex is presented by an autonomous microprocessor 3D seismic module. The seismic module registers signals across the frequency range of 0.5‐40 Hz with a level of spectral density of self‐noise not higher than 0.5 nm×Hz‐1/2. Presented both in land and sea design, the module is compact and mobile.Conclusion. The application of the MNE method in prospecting and exploration allows identification and exclusion of obviously non‐productive wells from drilling, as well as reduc‐ tion of the total number of wells more than by twofold. For the Caspian region, this indicator is expected to be higher. As a result, the method will provide a significant reduction in the envi‐ ronmental consequences of the oil and gas industry as a whole.   

scholarly journals SEARCH AND DEVELOPMENT OF NEW DEPOSITS: METHODOLOGICAL APPROACH TO ECONOMIC ASSESSMENT OF APPLICATION IN THE OIL AND GAS INDUSTRY DIGITAL TECHNOLOGIES

2021 ◽  
Vol 3 (37) ◽  
pp. 53-66
Author(s):  
R.Kh. Azieva ◽  
Keyword(s):  
Oil And Gas ◽  
Digital Technologies ◽  
Economic Assessment ◽  
Oil And Gas Industry ◽  
Gas Production ◽  
Gas Industry ◽  
Oil And Gas Production ◽  
Oil And Gas Fields ◽  
Gas Fields ◽  
Oil And Gas Companies

The oil and gas complex is one of the main triggers of the industrial potential of the Russian Federation. An extremely important aspect for the Russian economy is the analysis of the introduction of intelligent digital technologies in the oil and gas industry, since it is necessary to immediately organize the transition from the traditional economy to the modern one – information, intellectual, digital. The use of digital technologies in the oil and gas industry is reduced to the automation of the entire process of oil and gas production and processing, and they are successfully integrated with digital control systems that are developed to solve the tasks of oil and gas processing enterprises in general. The article examines the features of the use of digital technologies by enterprises of the oil and gas complex at the stages of search and development of new oil and gas fields. The empirical basis of the study was made up of data on the reporting on the sustainable development of oil and gas companies of PJSC Gazprom Neft, PJSC Lukoil, PJSC NK Rosneft, PJSC Tatneft. The author identifies the problems of using digital technologies in the oil and gas industry, including: bimodal age distribution of the labor force; a significant increase in applications and data formats; global division of working groups; instant receipt of a huge amount of data in real time; a stable decrease in the number and size of new field discoveries; an increase in the cost of advanced technologies for restoring oil and gas production. In the context of the economic assessment of the search and development of new oil and gas fields, the use of an integral index of the use of digital technologies by oil and gas companies is proposed, which includes a number of indicators: the share of digital assets in the company's asset structure; the ratio of capital expenditures for digitalization of activities to the company's net profit; the share of employees with digital competencies; the share of new developed fields with the use of digital technologies; the profitability of the use of digital technologies (coefficient). The conclusion is substantiated that it is advisable for oil and gas companies to use the proposed conceptual model in order to identify the level of digitalization of the search and development of new oil and gas fields, which will allow improving the mechanism of state regulation of the country's oil and gas complex.

Turning potential collision into cooperation in Ghana’s oil industry

2015 ◽  
Vol 10 (2) ◽  
pp. 118-131 ◽  
Author(s):  
Kwesi Amponsah-Tawiah ◽  
Kwasi Dartey-Baah ◽  
Kobena Osam
Keyword(s):  
Oil And Gas ◽  
Oil Industry ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Content Type ◽  
Oil Companies ◽  
Critical Issues ◽  
Oil Sector ◽  
Stakeholder Interactions ◽  
Corporate Social

Purpose – This paper aims to examine the potential impact of the presence of oil resource on the Ghanaian society. Specifically, the paper investigates the relationship between key stakeholders in the oil sector, how stakeholder interactions create the potential for collision and advances measures aimed at turning possible collision into cooperation. Design/methodology/approach – The paper uses a literature review-based approach, drawing on existing literature in a number of areas including corporate social responsibility (CSR), oil and gas industry in Ghana and Nigeria as well as communication. Findings – The paper advances that expectations of stakeholders as regards oil being a panacea to all their problems must be managed to avoid possible collision. Additionally, Ghana’s oil industry must identify and engage all stakeholders in planning suitable and sustainable CSR programmes for economic development, thus fostering a friendly environment for oil companies. Transparency and accountability are also needed to promote cooperation rather than collision among stakeholders in Ghana’s oil industry. Originality/value – This paper raises and brings to the fore critical issues that can lead to potential collisions in the oil and gas industry in Ghana if not well-managed, and thus an innovative work in that regard.

scholarly journals Utah

2020 ◽  
Vol 6 (3) ◽  
Author(s):  
Mark Burghardt ◽  
Gage Hart Zobell
Keyword(s):  
Crude Oil ◽  
Oil And Gas ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Legal Framework ◽  
Gas Production ◽  
Mandatory Reporting ◽  
Gas Industry ◽  
Oil And Gas Production ◽  
Crude Oil Production

Oil and gas production continues to be an important sector of Utah’s economy. Following a 25% loss in production between 2014 and 2015, Utah’s production continues to slowly rebound. Crude oil production in 2019 appears to be slightly ahead of 2018 production. Monthly production averages slightly over three million barrels, placing Utah among the top ten states in crude oil production. Along with the continuing increase in production, the state’s legal framework governing oil and gas continues to develop. This Article examines recent changes in Utah statutes and regulations along with new case law developments involving the oil and gas industry. In particular, this Article discusses a recent federal bankruptcy decision involving midstream agreements, the revision to a Utah statute that now requires mandatory reporting of unclaimed mineral interests, and recent revisions to Utah’s oil and gas regulations.

scholarly journals MECHANISMS AND INSTRUMENTS FOR ENSURING ECONOMIC SECURITY OF OIL AND PETROCHEMICAL ENTERPRISES

2020 ◽  
Vol 8 (1) ◽  
pp. 126-130
Author(s):  
Camila Weisman
Keyword(s):  
Crude Oil ◽  
Oil And Gas ◽  
Raw Materials ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Economic Security ◽  
Gas Industry ◽  
Important Direction ◽  
The Russian Federation ◽  
Oil And Gas Sector

The oil and gas industry remains for Russia the most important source of income, a strategic industry. According to official figures of the Ministry of Finance of the Russian Federation, income from the oil and gas sector, according to the results of 2019, is 40% of the total budget of the country. A large volume of crude oil and gas is exported from the country. The tax burden on raw materials reaches up to 60% of the initial cost, which makes oil production at new fields extremely unprofitable. The most important direction for the country is the transition from a strategy for the sale of crude oil products to refined ones, which have an additional cost. The article discusses the features of domestic oil production, analyzes the reasons for overpriced in comparison with competitive raw materials from other oil producing leader countries. The strategy of ensuring the economic security of the industry is noted, the main tools are listed and the mechanisms for ensuring the economic security of petrochemical industry enterprises are presented.

scholarly journals Classification of oil and gas-bearing territories of Russia and the structure of the oil and gas industry of the regions

2021 ◽  
Vol 7 (2) ◽  
pp. 422-427
Author(s):  
Danil Petrovitch Egorov
Keyword(s):  
Russian Federation ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
The State ◽  
Qualitative Assessment ◽  
Resource Base ◽  
Gas Industry ◽  
The Russian Federation ◽  
Gas Bearing

The article is devoted to the qualitative assessment of the state of the oil and gas industry in the Russian Federation based on the context of administrative-territorial units. It was realized that the data provided by different sources differs due to the variation in the calculation methods used, and the lack of detailed regional reports from foreign agencies shows the novelty of the research. In the current research the projection of administrative borders on the territory of oil and gas-geological zoning is used. To determine the degree of the dependence of regional economies from the oil and gas industry, current data about the state of the mineral resource base in the subjects of the Russian Federation were compared with the geography of the location of processing enterprises. On the basis of the obtained materials, the classification of oil and gas-bearing territories is carried out.

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