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Review of the Soviet oil industry in 1990

Journal Article · · International Geology Review; (United States)
OSTI ID:5795158
Soviet oil production (including gas condensate) experienced its largest decline ever, falling by 37.6 million tons (6.2%) in 1990, from 607.3 million tons in 1989 to 569.7 million tons in 1990. This is down to about the level of output achieved in 1978. In 1990, the Ministry of Oil and Gas produced 551.9 million tons, while the Gazprom Concern (the former Ministry of Gas) produced 17.8 million tons much of it presumably as gas condensate. According to the official report on Soviet economic performance in 1990, the reduced production of oil nationally is attributable to the lag in developing new fields, an increase in idle wells, the reduction in production drilling, and the unsatisfactory supply of material resources and equipment. There is also a serious problem in the reserve base, as the large, high-yielding fields have peaked, forcing a switch to smaller, less effective fields. The rapid growth in Soviet oil production after World War II was largely the result of the discovery and exploitation of a series of extremely large fields. Twenty large fields accounted for 70% of Soviet oil production and 60% of reserves as recently as 1986. Tables give statistics in crude oil and gas production in the various regions from 1975-1990. Specific problems in some of the regions are described.
OSTI ID:
5795158
Journal Information:
International Geology Review; (United States), Journal Name: International Geology Review; (United States) Vol. 33:3; ISSN 0020-6814; ISSN IGREA
Country of Publication:
United States
Language:
English