Economics and Management Engineering | Article | Published 2021

CHARACTERISTICS OF OIL AND GAS EXPLORATION AND DEVELOPMENT COSTS OIL AND GAS FIELDS

Collection: ACADEMICIA: An International Multidisciplinary Research Journal
Keywords: Oil and Gas, Costs, Geological Exploration, Development Costs

Abstract

The article shows the main aspects of the formation and development of the characteristics of oil and gas exploration and development costs oil and gas fields. Such concepts as completeness of oil recovery increase in oil and gas reserves and depth of oil and gas processing are considered. Evaluation of geological and economic efficiency of geological exploration and fundamentals of accounting for oil and gas producing enterprises are presented.

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