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Russian Oil and Gas industry in the Context of Low Oil Prices: Problems and Prospects
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, Geomodel 2015 - 17th science and applied research conference on oil and gas geological exploration and development, Sep 2015, Volume 2015, p.1 - 5
Abstract
Summary
The paper addressed to issues related to the changes of the Russian oilfield services market in the fall of oil prices and sector of sanctions imposed by the US and the European Union on Russia. The factors that affect the foreseeable future on the oil quotations, marked the key trends in the global and Russian oilfield services market. Emphasis is placed on the need for a long-term individual domestic exploration and production technologies for the most key process steps
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