C. I. S. oil woes laid at feet of underspending for exploration

Journal Article · Mon May 04 04:00:00 EDT 1992 · Oil and Gas Journal; (United States)

OSTI ID:5356577

This paper reports that lack of spending on the former Soviet Union's exploration program dealt a serious blow not only to the nation's petroleum industry but to the entire economy during recent years, says F.K. Salmanov, who once served as U.S.S.R. deputy minister of geology. Salmanov played a key role in western Siberia's exploration during that vase region's spectacular oil and gas production growth in the 1970s and much of the 1980s. He believes the plunge in Soviet crude production during the past 3 years was not inevitable and blames errors in government policy under the Communist economic system for the petroleum industry's current plight. Writing in the Moscow daily Izvestia, Salmanov and A. Solotov, a doctor of geological/mineralogical sciences, called for oil and gas exploration to be stabilized at least at the 1990 level during 1992-93. They the the new Commonwealth of Independent States can and must return the nation's crude and condensate production to 12-12.6 million b/d while gas flow is hiked to 1 trillion cu m (35.3 tcf)/year.

• OSTI ID: 5356577
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:8; ISSN OIGJA; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020200 -- Petroleum-- Reserves
Geology
& Exploration
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
ASIA
DEVELOPED COUNTRIES
DRILLING
ECONOMIC DEVELOPMENT
EUROPE
EXPLORATORY WELLS
GAS CONDENSATE WELLS
GOVERNMENT POLICIES
INDUSTRY
OIL WELLS
PETROLEUM INDUSTRY
PLANNING
USSR
WELL DRILLING
WELLS