Russian Oil Supply: Performance and Prospects

Russian Oil Supply: Performance and Prospects

by John D. Grace
     
 

Russian Oil Supply traces the development of the Russian oil industry from its inception in the 1870s through the present. The fundamental geology of the two main producing basins (Volga-Ural and West Siberia) is presented along with a review of key production technologies. The technical, economic, and policy aspects of achieving the 1987-88 peak production

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Overview

Russian Oil Supply traces the development of the Russian oil industry from its inception in the 1870s through the present. The fundamental geology of the two main producing basins (Volga-Ural and West Siberia) is presented along with a review of key production technologies. The technical, economic, and policy aspects of achieving the 1987-88 peak production are described as well as the mechanics of the production collapse that followed and, since 1999, the recovery of Russian output. The performance of Russia's major oil companies, independents and joint ventures is analyzed and conclusions drawn on the future course of production and exports.

Product Details

ISBN-13:
9780197300305
Publisher:
Oxford University Press, USA
Publication date:
09/02/2005
Series:
Oxford Institute for Energy Studies
Pages:
304
Product dimensions:
9.30(w) x 6.30(h) x 0.90(d)

Meet the Author

After completing his Ph.D. in Economics at Louisiana State University in 1984, John D. Grace served one year as an Assistant Professor of Geology at LSU. In 1985, he joined the Geologic Department of the Research and Development lab of Atlantic Richfield (ARCO, now a part of British Petroleum). In 1990, he transferred to the headquarters' Corporate Planning department with responsibility for North American natural gas market analysis.
In 1991, Dr. Grace left ARCO to form a joint-venture consulting firm with several Russian and US colleagues to offer advisory services to oil and gas firms seeking investment opportunities in the Former Soviet Union. At the same time, he founded Earth Science Associates, which specializes in hydrocarbon resource assessment, oil and gas supply analysis and the development of geographic information system (GIS) technologies for exploration and production companies.

Table of Contents

Ch. 1The opening of Russia's oil industry6
Ch. 2The Volga-Ural basin14
Ch. 3West Siberia34
Ch. 4The peak, collapse and recuperation65
Ch. 5Industry performance104
Ch. 6The outlook for Russian oil supply178
Ch. 7Conclusions212

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