scholarly journals Analysis of business activity management in the oil and gas production enterprise development system

VUZF Review ◽  
2021 ◽  
Vol 6 (2) ◽  
pp. 198-213
Author(s):  
Khrystyna Danylkiv ◽  
Nataliia Hembarska ◽  
Lilia Khaidarova

The scientific work reveals the theoretical, methodological and practical aspects of business management of the oil and gas industry enterprise "Boryslavnaftogaz". Business activity management is the impact on the business activity of the enterprise through the development of a set of measures aimed at expanding existing and conquering new markets; attracting new suppliers of raw materials and supplies; optimization of inventories; accelerating the turnover of assets and capital; elimination of the influence of internal and external factors that reduce the efficiency of resources used; contribute to the survival of the enterprise in a competitive environment, stimulate the development of production, promote sustainable economic growth – in order to maximize the company's profits. The analysis of the financial condition and financial activity of Boryslavnaftogaz oil and gas production department is carried out and the level and dynamics of indicators of business activity of the researched enterprise are analyzed. The main indicators of assessment of business activity of the enterprise (internal and external) are characterized. A SWOT-analysis of the financial and economic condition of the Boryslavnaftogaz oil and gas production department was conducted. Proposals for increasing the efficiency of the Boryslavnaftogaz oil and gas industry enterprise have been developed and substantiated. An in-depth analysis of the structure of receivables (causes and repayment) and accounts payable (search for sources of repayment). The economic results of design decisions are estimated.

2020 ◽  
Vol 60 (2) ◽  
pp. 537
Author(s):  
Andrew Taylor

Associated with the growth of Australia’s oil and gas industry over the past 40 years, our oceans currently host oil and gas production and transportation infrastructure that will cost ~AU$30 billion to decommission. National Energy Resources Australia (NERA) is one of six industry growth centres (IGC) funded by the Australian Government. NERA is investigating opportunities for transforming the way that Australia manages its upcoming decommissioning activities. In 2019, NERA undertook a series of stakeholder consultations to refresh our understanding of Australia’s decommissioning outlook. Feedback was received through more than 20 interviews and follow-up surveys with the service sector, operators, research organisations, regulators and consultants. This paper highlights the outcomes of this review and NERA’s view on opportunities to position Australia favourably to manage decommissioning in a way that maximises benefits.


2012 ◽  
Vol 479-481 ◽  
pp. 1129-1132
Author(s):  
Wang Ming Bo

This paper gives an overview of erosion mechanisms in elbows in oil and gas production systems. The nature of the erosion process itself makes it very difficult to develop some definitive methods or models to prevent or predict the erosion in elbows in all conditions. This paper provides a review of the subject which will help petroleum engineers to handle the erosion problems in oil and gas industry. This review is given of different erosion mechanisms connected with sand erosion and the factors that influence them, and then the review goes on to look at particulate erosion in elbows in more details. Conclusions are then drawn based on the above analyses.


2019 ◽  
Vol 12 (3) ◽  
pp. 46-57 ◽  
Author(s):  
S. V. Kazantsev

The article presents the results of the author’s research of the impact of a wide range of restrictions and prohibitions applied to theRussian Federation, used by a number of countries for their geopolitical purposes and as a means of competition. The object of study was the impact of anti-Russian sanctions on the development of Oil & Gas industry and defence industry complex ofRussiain 2014–2016. The purpose of the analysis was to assess the impact of sanctions on the volume of oil and gas production, the dynamics of foreign earnings from the export of oil and gas, and of foreign earnings from the sale abroad of military and civilian products of the Russian defence industry complex (DIC). As the research method, the author used the economic analysis of the time series of statistical data presented in open statistics and literature. The author showed that some countries use the anti-Russian sanctions as a means of political, financial, economic, scientific, and technological struggle with the leadership ofRussiaand Russian economic entities. It is noteworthy that their introduction in 2014 coincided with the readiness of theUSto export gas and oil, which required a niche in the international energy market. The imposed sanctions have affected the volume of oil production inRussia, which was one of the factors of reduction of foreign earnings from the country’s oil and gas exports. However, the Russian defence industry complex has relatively well experienced the negative impact of sanctions and other non-market instruments of competition


2020 ◽  
Vol 6 (3) ◽  
Author(s):  
Mark Burghardt ◽  
Gage Hart Zobell

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.


2021 ◽  
Vol 2094 (4) ◽  
pp. 042017
Author(s):  
A O Stupin ◽  
D V Rogova ◽  
E A Nozdrenko ◽  
V V Kukartsev ◽  
A I Cherepanov ◽  
...  

Abstract The article discusses the use of induction brazing for connecting oil and gas pipelines. The rationale for the choice of induction brazing in the oil and gas industry is considered. The work calculates the main parameters of the inductor. On the basis of calculations, using a mathematical apparatus, a schematic diagram of an inductor with a diameter of 90 mm is created for installing induction soldering. It is proposed to use and develop inductors of various diameters (60, 90 and 135 mm) to create an induction unit that allows connecting pipelines of oil and gas equipment in order to increase the reliability of equipment and the efficiency of oil and gas production and processing.


Author(s):  
Mariana Shtohryn ◽  
Myroslava Muchka

The lexical-semantic features of the English terms of oil and gas sphere are considered. Attention is drawn to the phraseological and metaphorical features that are characteristic of the terms of the oil and gas industry. It has been revealed that English oil and gas terminology is built on a heterogeneous model, that is, the result of the interaction of several areas of human knowledge. It includes geological, geophysical, geochemical terms, as well as terms related to drilling, washing, fastening and cementing of oil and gas wells, development of oil and gas fields, underground hydraulics, oil and gas production, processing methods, pipeline terminology, offshore drilling terminology, economic terminology. It is has been found out that the semantic categories of English oil and gas terminology are evidence that the terminology under study reflects a particular sphere of human activity that can be structured in some way by the means of language. In this process, the human factor is important. On the one hand, it is inherent in each of the categories, and serves as a basis for subjectivity in identifying the peculiarities of the content.The semantic categories of English oil and gas terminology are analyzed. These include: Human, Process, Equipment, Substance, Method, and Characteristics. The study showed that among the English oil and gas terms formed by metaphorization, we can distinguish terms conventionally grouped under the following lexical-semantic groups: “Parts of the human body”, “World of animals and birds”, “Clothes”, “Society”, “Cooking”, “Construction”, “Nature”, “Traveling”, “Weapon”, “Tool”, “Geometric figure”, “Hunting”, “Fishing”, “Medicine”, “Furniture” та “Quality”.


2018 ◽  
Vol 41 ◽  
pp. 01028 ◽  
Author(s):  
Fares Abu-Abed ◽  
Alexey Khabarov

At present, repair and diagnostic complexes are being developed for repair of oil and gas production facilities, including control areas for working capacity, diagnosing components used in maintenance stations, as well as areas equipped with the necessary technological equipment, measuring instruments, tools and equipment for carrying out current repair of replacement elements. For maintenance of repair, repair-diagnostic complexes are equipped with means of power supply, sets of spare property and accessories and operational documentation. Repair-diagnostic complexes can be represented using a three-phase multi-channel queuing system. The study of such a system with the distribution functions of the service time of applications different from the exponential makes it difficult to use analytical models. The developed simulation model of the repair and diagnostic complex allows to evaluate the characteristics of its functioning, the most important of which is the average service time of the application in the system, as well as to determine the required number of channels on each site. The developed model can be aggregated into a general model of research into the operation of complex technical systems for supplying oilfield facilities.


2001 ◽  
Vol 41 (1) ◽  
pp. 777
Author(s):  
B.F Ronalds

Oil and gas production is characterised by a truly international industry, and yet a unique local environment. Solutions developed elsewhere cannot always be imported directly for Australian use. For this reason alone, a strong local technology base is of value to the Australian oil and gas industry. Other benefits include the ability to provide high quality education and training for people entering, and already in, the industry.A case study is described where the Western Australian technology base is facilitating solutions to a specific challenge faced on the North West Shelf (NWS); namely, that the criteria for reliable development and operation of its offshore infrastructure for oil and gas production are more severe than other petroleum provinces, requiring new analytical tools to be developed.


1999 ◽  
Vol 39 (1) ◽  
pp. 30
Author(s):  
M. Meaton

The oil and gas production sector in Western Australia has grown dramatically in recent years and now represents the largest resource sector in the State economy. The industry has a very promising future but it faces a number of challenges if it is to achieve its full potential. Its production location in remote parts of the State confers both advantages and disadvantages. Chief among the disadvantages is the challenge of convincing the community and government of the benefits from the industry when many of those benefits are not apparent to the majority of the population. The emphasis in this paper is on economic impacts, social benefits and community attitudes.WA has produced about 820 million barrels of oil and 2000 million barrels of natural gas when gas is calculated in energy equivalent terms. Petroleum energy production has increased dramatically over the last 15 years and the State is now a substantial energy exporter. Petroleum sources provide the energy for over 85% of the final energy used in the State. Total industry investment over the last 18 years has been nearly $21,000 million for an average of $3.2 million each day. Direct employment by petroleum companies is around 2,500 people with flow-on employment in the services sector estimated at over 17,000 people. Petroleum companies have been major contributors to government revenue and to the development of remote regions in WA.


2017 ◽  
pp. 89-95
Author(s):  
A. V. Solodovnikov ◽  
A. N. Makhneva

The trends of the basic indicators of oil and gas production and export in Russia based on the statistical data were analyzed. The chain and basic absolute increments, growth rates and increments were identified. On the basis of general indicators of the dynamics of development of the oil and gas industry the average characteristics were determined. The perspective of development of oil and gas industry in the country was estimated.


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