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The depletion of oil fields in traditional production regions leads to the need to involve hard-to-recover reserves in the development. This, in turn, is associated with a significant increase in the cost of production. Well construction costs are subdivided into costs that depend on the time of drilling and costs that depend on the amount drilled. The article indicates that one of the main methods of reducing the cost of drilling is to increase the efficiency of productive time and reduce non-productive time in t...

The article notes that at present the competition in the global hydrocarbon market has intensified significantly. This is due to the complication of mining and geological conditions of occurrence of oil and gas layers, depletion of reserves in traditional production regions, geopolitical reasons. In this situation, the development of digital technologies may become a tool to increase the efficiency of oil and gas assets. The article formulates the aims of creating a single digital environment of the oil and gas co...

Currently, the depletion of traditional oil and gas reserves makes it necessary to develop hard-to-recover reserves, develop and apply new technologies for hydrocarbon exploration and production in hard-to-reach areas of Eastern Siberia and on the Arctic shelf. Solving these problems calls for intensifying the implementation of information technologies in the oil and gas complex. The article states that, at present, an intensive digital transformation is taking place in the oil and gas complex of Russia. Companies...

At present creation of a system of incentives for large-scale development, adaptation and introduction of the newest domestic technologies for developing hard-to-recover oil reserves is a very important task of the oil and gas industry in the Russian Federation. It is connected with depletion of traditional deposits and deterioration of mining and geological conditions of production. The sequence of creation, development and commercialization of any technology in oil and gas industry includes four elements: resear...

In the paper the author has made attempt to prove economically sustainable and complex use of mineral deposits. The paper presents analytical, abstract and logical, comparative and economic-mathematical methods of doing the research. The author recommends to make assessment on the basis of calculation and analysis of the following indicators: cost-and-saving factor of investments for sustainable and complex use of fields; integrated economic effect at the state level; coefficients of rational utilization of minera...

At the present day, requirements to the quality of marine fuel and to the volumes of air pollutant emissions become stricter for shipping in the Arctic Region. This article states that one of the most important ways to follow the emission limits is switching the ice-rated vessels to liquefied natural gas (LNG) as fuel. As compared with oil fuels, LNG has the superior calorific value and the best physical characteristic. It is noted that Russia has a number of opportunities to apply LNG both for supply of water and...

The article states that the important purpose of the specialists with industry-specific economic education is to ensure efficient and smooth operation of mining enterprises. Technical and economic features of mining industry have been characterized. Specific features of oil and gas companies have been of a special focus. It has been determined that studying of mining industry economy, analysis and operational effectiveness assessment of its enterprises is impossible without considering industry-specific operationa...

The article depicts natural potential of the Arctic territory, provides shares in fuel and energy and mineral resources extracted in the Arctic region of Russia. An importance of arctic oil and gas projects for Russian and the World economies has been noted. It has also been noticed that localization of equipment production and the development of technologies aimed at the offshore oil and gas extraction in the Arctic region of the Russian Federation may become a driver to stimulate import replacement, as well as t...