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Core Competencies of Oil&Gas Exploration CompanyNormal access

Author: M. Vlasov
Event name: ProGREss'19
Session: Round Table «Core Competencies of Oil & Gas Exploration Company 2030» / Круглый стол «Ключевые компетенции ГРР-компании будущего»
Publication date: 05 August 2019
DOI: 10.3997/2214-4609.201953091
Language: Russian
Info: Extended abstract, PDF ( 254.54Kb )
Price: € 20

Summary:
The Oil&Gas industry today is commoditized and de-consolidated in terms of the value chain. Most of the field works are executed not by the Oil&Gas companies themselves, but by their contractors, which means that technological development is concentrated in the arms of these contractors. The situation in Oil&Gas exploration sector is the most challenging, as there are almost no “easy” resources left to discover. This puts the pressure on the exploration sector to effectively find the resources commercially feasible for further production. As a result, Oil&Gas Exploration Companies shall concentrate their efforts around their internal capabilities


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