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Title: THE THEORETICAL BASIS FOR DETERMINING THE ECONOMIC EFFECTIVENESS OF METHODS OF ENHANCED OIL RECOVERY
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THE THEORETICAL BASIS FOR DETERMINING THE ECONOMIC EFFECTIVENESS OF METHODS OF ENHANCED OIL RECOVERY
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1314-2704
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English
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20
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5.2
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The article considers theoretical basis for determining cost-effective methods of increasing the supply of oil. Describe the major characteristics of social production, improvement of production organization, the most important factors of production for the oil industry. We discuss the main characteristics of the deposits, the volume of oil reserves, its quality and costs to receive it. The growth of oil production provides indicators of technical and economic efficiency for the fields and measures to increase oil supply by different technologies. Definition of economic efficiency of measures for new technology, advanced technology is among the most difficult problems of economic science. Proper and objective evaluation of economic efficiency of any scientific and technical measures depends on the extent of its introduction and distribution at oil companies. Economic evaluation of measures to stabilize oil production, the determination of the most favorable conditions of application of methods of improving technical and economic indicators.
In our view, these approaches may not be applicable for use in the oil industry for activities that increase the volume of oil, as these methods can only be applied in cases of equal volume and quality in matched options. Economic efficiency of scientific developments and innovations is assessed a basic and simplistic ways. Technical and economic characteristics of the input of fixed assets does not take into account the income and expenses associated with the liquidation or disposal of property. In addition, this method not separately identified cash flows of the company as a whole without accounting for innovation and accounting. Assessment of economic efficiency of innovative development needs to take into account the problem of EBITDA, the probability of deviations of the studied parameters of the project. |
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conference
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20th International Multidisciplinary Scientific GeoConference SGEM 2020
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20th International Multidisciplinary Scientific GeoConference SGEM 2020, 18 - 24 August, 2020
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Proceedings Paper
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STEF92 Technology
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International Multidisciplinary Scientific GeoConference-SGEM
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SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci & Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts & Letters; Acad Fine Arts Zagreb Croatia; C
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635-642
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18 - 24 August, 2020
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website
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cdrom
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7475
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Efficiency; the company; productionsand; resources; oil and gas; recovery; usageI innovatesI.
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