Research output: Contribution to journal › Article › peer-review
Effectiveness of tax incentives of hard-to-recover oil reserve development. / Sharf, I. V.; Ivanova, P.; Filimonova, I. V.
In: International Journal of Innovative Technology and Exploring Engineering, Vol. 8, No. 10 Special Issue, 01.08.2019, p. 399-403.Research output: Contribution to journal › Article › peer-review
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TY - JOUR
T1 - Effectiveness of tax incentives of hard-to-recover oil reserve development
AU - Sharf, I. V.
AU - Ivanova, P.
AU - Filimonova, I. V.
N1 - Publisher Copyright: © BEIESP.
PY - 2019/8/1
Y1 - 2019/8/1
N2 - The present-day stage of the world hydrocarbon market development is characterized by the growing share of oil and gas production from the fields related to hard-to-recover reserves in terms of different criteria, which is a consequence of technological breakthrough in the USA. The strategic task of Russian oil and gas sector is to intensify the development of such fields with governmental support in the form of tax incentives. The goal of this research is to consider dynamics of oil production from the fields related to Bazhenov, Abalak, Domanic, and Khadumsk geological formations with enormous hydrocarbon potential thanks to tax incentives. The research method used is statistical analysis. The research results have shown the effectiveness of tax incentives, but due to absence of native development technologies, the effectiveness of incentives is evened, which requires different approaches to the tax incentive system.
AB - The present-day stage of the world hydrocarbon market development is characterized by the growing share of oil and gas production from the fields related to hard-to-recover reserves in terms of different criteria, which is a consequence of technological breakthrough in the USA. The strategic task of Russian oil and gas sector is to intensify the development of such fields with governmental support in the form of tax incentives. The goal of this research is to consider dynamics of oil production from the fields related to Bazhenov, Abalak, Domanic, and Khadumsk geological formations with enormous hydrocarbon potential thanks to tax incentives. The research method used is statistical analysis. The research results have shown the effectiveness of tax incentives, but due to absence of native development technologies, the effectiveness of incentives is evened, which requires different approaches to the tax incentive system.
KW - Hard-to-recover reserves
KW - Oil
KW - Regions
KW - Tax incentives
KW - Technologies
UR - http://www.scopus.com/inward/record.url?scp=85073340592&partnerID=8YFLogxK
U2 - 10.35940/ijitee.J1074.08810S19
DO - 10.35940/ijitee.J1074.08810S19
M3 - Article
AN - SCOPUS:85073340592
VL - 8
SP - 399
EP - 403
JO - International Journal of Innovative Technology and Exploring Engineering
JF - International Journal of Innovative Technology and Exploring Engineering
SN - 2278-3075
IS - 10 Special Issue
ER -
ID: 21940040