scholarly journals ECONOMIC EVALUATION OF INFORMATION CAPITAL OF THE ENTERPRISE AS A FACTOR IN THE MANAGEMENT OF THE VALUE OF OIL AND GAS PRODUCTION ENTERPRISES

Author(s):  
Oksana Vytvytska ◽  
Liubov Shehda

The article highlights the role of oil and gas enterprises as the main source of fuel and energy resources for the state. This requires the heads of oil and gas companies to find and implement effective ways and methods of enterprise management. The need to apply the latest concepts and approaches to management, among which the concept of cost-oriented management of the enterprise deserves special attention. In this context, the authors from a theoretical standpoint analyzed the concepts of enterprise management that exist in world practice, identified current trends in management, and identified problems in the implementation of cost-oriented management in Ukraine. In order to solve these problems, the role of information capital in creating the value of the enterprise is considered. The economic categories of information capital and economic evaluation of information capital are characterized. It is established that the economic evaluation of information capital of the enterprise is one of the main tools in cost-oriented management of business entities. The main aspects of economic evaluation of information capital of enterprises are highlighted – cost, value and efficiency of its use. The stages of economic evaluation of the information capital of the enterprise are developed. For the valuation of information capital of the enterprise on the basis of previous publications systematized the main approaches and methods of calculating the cost. For the qualitative assessment of information resources, a number of basic qualitative properties of information have been identified, which have a direct impact on the assessment of the quality of information, and the nature of management decisions. In order to develop methodological approaches to the qualitative evaluation of information, the qualitative properties of information are grouped by levels. The peculiarities of assessing the efficiency of information capital in the case when the information system is used only for the implementation and maintenance of business processes, the products of which are exclusively information and assessing the effectiveness of information capital in oil and gas companies, whose main purpose is oil and gas, are highlighted.

2021 ◽  
Vol 18 (1) ◽  
pp. 52-65
Author(s):  
P. N. Mikheev

The article discusses issues related to the impact of climate change on the objects of the oil and gas industry. The main trends in climate change on a global and regional (on the territory of Russian Federation) scale are outlined. Possible approaches to the identification and assessment of climate risks are discussed. The role of climatic risks as physical factors at various stages of development and implementation of oil and gas projects is shown. Based on the example of oil and gas facilities in the Tomsk region, a qualitative assessment of the level of potential risk from a weather and climatic perspective is given. Approaches to creating a risk management and adaptation system to climate change are presented.


2019 ◽  
Vol 2 (3) ◽  

The Role of Science in Developing Enhanced Oil & Gas Resources, Being Environmentally Sound, & Protecting Water Use • Global transformation with fossil fuel as primary source which have an effect on GDP, export/import changes, and global effects on pricing • History of evolution of oil and gas production in the United States • Global development: European Community, India, China, Brazil, Chile, Argentina and Mexico all have proven reserves • All time high extraction of tight natural gas and oil being environmentally sound and protecting domestic water supplies • Hydraulic fracking below potable water supplies • Drilling Diagrams – Vertical and Horizontal, Proper Casing  Record pace of pipeline construction to supply refineries & terminal ports  Pronounced effect on GDP • Natural gas treatment, delivery, from source to energy deficient countries exported as LNG • Cost subsidies and economic pricing of oil and gas extraction, hydro power, coal, nuclear, wind, and solar. Cost of power by region • There are no “Dry Holes” and more attributes of highly advanced geological technology


Author(s):  
M. S. Pilka

T The possibilities of attraction of investments for efficient removal of hydrocarbon reserves, which belong to hardrecoverable and mechanisms for attracting investments in the further development of oil and gas deposits in Ukraine, are presented. The main principles of the ranking of hydrocarbon reserves are considered, deposits structure analysis is needed to evaluate the prospects of transferring their parts to cost-effective ones if some economic conditions will change, as well as the appearance of new methods and technologies for attracting these reserves into development. For oil and gas companies information about the qualitative characteristics of profitable reserves and their distribution in the collectors is very important. The main advantages of using intelligent oil and gas field technologies, which enable real-time realization of fast processing of large volumes of geological information, modeling of various extraction scenarios, and the adoption of rational management decisions for optimizing oil and gas production are described. Hydrodynamic modeling, as an instrument for the search and growth of hydrocarbon reserves, its quantitative and qualitative assessment and a detailed comprehensive study of productive collectors based on modern achievements in geological and geophysical sciences is one of the main ways of development of hardrecoverable reserves. The application of existing and the creation of new technological solutions for the efficient production of oil and gas with positive economic indicators, is a logical continuation of a complex of works on low-yielding hydrocarbon deposits. The main source of growth of hydrocarbon reserves in deposits with a long history of development are: unidentified reserves outside the productive part of the deposit and missed oil-saturated intervals; oil-saturated intervals in the productive section, which aren’t attracted in the development. The development of hardrecoverable reserves is associated with considerable complexity, but the engineering approach, using development monitoring, hydrodynamic modeling, attracting international experience and new technologies, will increase profitability and obtain additional extraction of significant volumes of hydrocarbons, which will ensure not only the achievement of maximum investment efficiency, but also full usage of natural resources of hydrocarbons.


2011 ◽  
Vol 9 (1) ◽  
Author(s):  
Donald I. Hamilton

This paper examines the role of oil and gas companies in community crises in the Niger Delta. The major conclusions are that oil and gas companies have encountered various forms of community crises in their work environment. These crises have negative impact on the performance of these companies. The paper thinks that adequate community relation will significantly reduce the level of also that oil and gas companies in the Niger Delta should adopt community relation strategy through community development projects as this would minimize the level of community crises and hence enhance the performance of oil and gas companies Industry/community crises in the Niger Delta region


Fuel ◽  
2020 ◽  
Vol 259 ◽  
pp. 116207 ◽  
Author(s):  
Shikha Sharma ◽  
Vikas Agrawal ◽  
Rawlings N. Akondi

Significance The Zohr field is one of the largest gas fields discovered in Egyptian waters. The launch of production heralds a major new supply of gas for the country as it faces a sharp decline in most of its existing gas fields. Impacts State-owned EGAS will buy Zohr-produced gas, adding to pressure on the government’s outstanding debts to international operators. The discovery of Zohr and its rapid development will increase interest in upstream opportunities from international oil and gas companies. The start of Zohr gas production will put on hold any consideration by the Egyptian government of gas imports from Israel and Cyprus.


Subject LNG investment outlook. Significance Spot prices of liquefied natural gas (LNG) have fallen this year, as new supply has collided with a relatively warm Northern Hemisphere winter. Oil and gas companies see a supply shortfall emerging in the mid-2020s and are investing in LNG plants. The deep decarbonisation required to meet 2030 climate change targets means gas is likely to gain market share against coal in power generation and oil in transport. Impacts Low LNG prices will encourage coal-for-gas switching and embolden new importers to enter the market. Higher flows of LNG into Europe as a result of falling domestic gas production will solidify the price cap on pipeline import prices. LNG will continue to make inroads in the shipping and land transport sectors.


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