Industry features of economic evaluation of oil and gas well projects
Journal: Business Education in the Knowledge Economy (Vol.5, No. 3)Publication Date: 2019-11-19
Authors : Shevelyov Vladislav;
Page : 111-117
Keywords : investment project (IP); profitability of the project; economic evaluation of the project; the project of oil and gas wells; methods of project evaluation; features of economic evaluation of well projects;
Abstract
In Russian science there are a number of methodological concepts regarding the economic evaluation of oil and gas facilities, determining the potential value of deposits, the development of which was carried out initially by Soviet researchers, and now — by Russian employees of research geological institutes. However, the developed methods often affect only certain aspects of the problem, and the generally accepted methodology of economic assessment of oil and gas facilities, covering a wide range of issues and having a systematic approach to their solution, has not yet developed. Nevertheless, the study of the evolution of approaches to the economic evaluation of projects of construction and exploitation of fields, modern experience of economic evaluation of projects of oil and gas wells is useful for practical use. The article analyzes the industry features and methods of economic evaluation of projects of some domestic scientists who have made a significant contribution to the development and improvement of methods for assessing the effectiveness of oil and gas wells projects.
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