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Analysis of Opportunities for the Development of Independent Exploration Companies in RussiaNormal access

Author: D. Sazonenko
Event name: ProGREss'19
Session: Pitch Session «Solutions in O&G Exploration» / Питч сессия «Поиск решений в ГРР»
Publication date: 05 August 2019
DOI: 10.3997/2214-4609.201953031
Language: Russian
Info: Extended abstract, PDF ( 443.18Kb )
Price: € 20

In many countries of the world, small oil and gas companies are serious players in the exploration market, occupying a considerable share. In Russia, the role of independent exploration companies is rather small. The analysis of the factors that affect the ability of their success is performed in the paper. The main factors discussed are the legal status of the small exploration companies, government support, and exploration rights market maturity, funding, information and service availability.

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