Observations on the Russian oil sector in 1992 and 1993

Journal Article · Wed Sep 01 04:00:00 EDT 1993 · International Geology Review; (United States)

DOI:https://doi.org/10.1080/00206819309465562· OSTI ID:5195183

Sagers, M J ^[1]; Grace, J D ^[2]

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1. PlanEcon, Inc., Washington, DC (United States)
2. Troika Energy Service, Dallas, TX (United States)

Russia still is one of the world's major petroleum-producing countries, but output declined precipitously from the peak in 1987 of 569.5 million tons to 260.2 million tons for the first nine months 1993 (projected at 310 million tons for the year). The crisis in the oil sector is due largely to the underlying political, economic, and organizational problems rather than to deficiencies in the oil reserve base or technology. Major oil-producing regions - West Siberia and Volga-Urals provinces - are identified, and within these regions, geology, reserve size, and major production associations are described. Other noteworthy areas covered in greater detail are the oil fields of Komi and Sakhalin. Concluding sections are devoted to a critical assessment of the Russian government's program to arrest the decline in oil output and to projecting output over the near future based largely on production trends that are apparent in November 1993. Estimates indicate that oil output in Russia will continue to decline throughout 1992 and 1994, and conceivably in 1995 as well. 26 refs., 9 figs., 4 tabs.

• OSTI ID: 5195183
• Journal Information: International Geology Review; (United States), Journal Name: International Geology Review; (United States) Vol. 35:9; ISSN IGREAP; ISSN 0020-6814
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020200 -- Petroleum-- Reserves
Geology
& Exploration
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
CAPACITY
EASTERN EUROPE
ECONOMIC POLICY
EUROPE
GOVERNMENT POLICIES
INDUSTRY
INSTITUTIONAL FACTORS
PETROLEUM INDUSTRY
POLITICAL ASPECTS
RESERVES
RESOURCES
RUSSIAN FEDERATION