Urgent issues in replenishment of hydrocarbon mineral and raw materials base in present-day Russia
O.M. Prischepa
All-Russian Petroleum Research Exploration Institute (VNIGRI), 39 Liteinyi prosp., St. Petersburg, 191014, Russia
Keywords: oil and gas reserves; replenishment of mineral resource base; regional and prospecting stages; public private partnership; exploration efficiency; strategic priorities; subsurface licensing; state administration; investment; production
Pages: 235-243
Abstract
The article deals with current problems of exploitation and pre-exploitation measures in oil and gas resource replenishment in Russia. Specific procedures are proposed to be taken at different levels of state administration for improving the efficiency of reserves replenishment. The public private partnership is suggested as one of the effective means to solve the problem. The level of the state's involvement in funding and management during regional exploration and prospecting survey is discussed. A systemic approach and a set of criteria for assessing the exploration success rate (at different stages) are recommended for use by the state, as subsurface owner, and for operating companies. In addition, several recommendations and action-oriented proposals are given for preparation of licensing programs that will ensure the preset rates of oil and gas reserves replenishment in the region.
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