Economic results of variants of development and oil production in the North-West region of Russia
- 1 — G.V. Plekhanov Saint Petersburg Mining Institute
- 2 — G.V. Plekhanov Saint Petersburg Mining Institute
Abstract
The levels of crude oil production by different variants taking into account modern state of geological prospecting and based on data of research institutes and oil company are forecasted. The predictions of oil production by each of variant are based on. Economic indexes of reserves development and oil production are determined. Comparative economic characteristics of alternative oil production forecast by such indicators as investments, net present value, state capitalized value, profitability index are calculated. Economical advisability of oil reserves development by fixed forecasting oil reproduction and production and taking into account present tax structure are determined.