TY - JOUR

T1 - Relationship between assets and organizational structure in the oil industry: Regional aspects

AU - Kryukov, V. A.

AU - Tokarev, A. N.

PY - 2018

Y1 - 2018

N2 - The article analyzes the relationship between the assets of the oil industry and the industry organizational structure at the level of the producing regions. When considering assets in oil production, we focus on the quantitative and qualitative characteristics of the resource base, primarily on the volumes of recoverable reserves and their depletion. The analysis of the organizational structure of the industry is based on the estimates of the concentration levels of companies in oil production. The performed analysis allows to conclude that in most of the Russian Federation subjects, the organizational structure of the oil industry does not correspond to the assets. For example, in a number of regions, there is a high concentration of companies with a high depletion of reserves. This situation is largely determined by a weak development of small and medium-sized oil business. The development of the organizational structure should be connected with the reform of the institutional conditions in resource management. Currently, these conditions are formed at the federal level and are outside the scope of the regional authorities. Resource base, primarily in mature oil and gas regions, requires stimulating the development of small and medium-sized oil business including support from the regional authorities. The study of regional aspects of the organizational structure of oil production allows identifying the characteristics of certain regions, dependencies and drivers that are not visible when considering these issues at the country level. The obtained results can be used for the development of the system of state regulation in the oil and gas sector both at the federal and regional levels

AB - The article analyzes the relationship between the assets of the oil industry and the industry organizational structure at the level of the producing regions. When considering assets in oil production, we focus on the quantitative and qualitative characteristics of the resource base, primarily on the volumes of recoverable reserves and their depletion. The analysis of the organizational structure of the industry is based on the estimates of the concentration levels of companies in oil production. The performed analysis allows to conclude that in most of the Russian Federation subjects, the organizational structure of the oil industry does not correspond to the assets. For example, in a number of regions, there is a high concentration of companies with a high depletion of reserves. This situation is largely determined by a weak development of small and medium-sized oil business. The development of the organizational structure should be connected with the reform of the institutional conditions in resource management. Currently, these conditions are formed at the federal level and are outside the scope of the regional authorities. Resource base, primarily in mature oil and gas regions, requires stimulating the development of small and medium-sized oil business including support from the regional authorities. The study of regional aspects of the organizational structure of oil production allows identifying the characteristics of certain regions, dependencies and drivers that are not visible when considering these issues at the country level. The obtained results can be used for the development of the system of state regulation in the oil and gas sector both at the federal and regional levels

KW - Assets

KW - Concentration ratio

KW - Gas region

KW - Medium-sized business

KW - Oil

KW - Oil company

KW - Oil industry

KW - Organizational structure

KW - Reserves

KW - Small

KW - State regulation

UR - http://www.scopus.com/inward/record.url?scp=85062061387&partnerID=8YFLogxK

UR - https://www.elibrary.ru/item.asp?id=36650344

UR - https://apps.webofknowledge.com/full_record.do?product=WOS&search_mode=GeneralSearch&qid=19&SID=F4q8HL5cWl26gLFxjdM

U2 - 10.17059/2018-4-2

DO - 10.17059/2018-4-2

M3 - Article

AN - SCOPUS:85062061387

VL - 14

SP - 1076

EP - 1087

JO - Экономика региона

JF - Экономика региона

SN - 2072-6414

IS - 4

ER -