On the rationality criteria of oil and gas fields development

Authors: Yu.E. Baturin

Key words: rationality criterion of development, fields development, the market economy.

The correspondence of the designed development system with qualifying standards should be confirmed by the criterion of rationality of the development system. The rationality criteria for the planned and market economies are considered. The shortcomings of the criterion for market economy are noted and attempts to improve it are undertaken. The maximum possible profit from the field development is recommended to use as a rationality criterion in the market economy conditions.
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