An alternative approach and the economic concept of classifying of oil and gas resources and reserves in market conditions

Authors: I.A. Ponomareva, N.A. Eremin (IPNG RAN)
An alternative approach and the economic concept of integrated assessment of oil and gas resources and reserves on the basis of rent theory, adapted to market conditions, are recommended. It is noted, that this approach is more perfect, science-based, increases validity of the resources and reserves classification, ensures the reliability of the optimal prediction of production, obtaining maximum net discount revenue, comparable to the foreign approach and has to supplement the project of a new classification of resources and reserves of hydrocarbons.
An alternative approach and the economic concept of integrated assessment of oil and gas resources and reserves on the basis of rent theory, adapted to market conditions, are recommended. It is noted, that this approach is more perfect, science-based, increases validity of the resources and reserves classification, ensures the reliability of the optimal prediction of production, obtaining maximum net discount revenue, comparable to the foreign approach and has to supplement the project of a new classification of resources and reserves of hydrocarbons.


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