What are the oil reserves in Russia?

What are the oil reserves in Russia?
What are the oil reserves in Russia?

Video: What are the oil reserves in Russia?

Video: What are the oil reserves in Russia?
Video: Major Russian oil & natural gas reserves map | Energy Relationship Between Russia & European union 2024, September
Anonim

The coming global energy crisis forces us to calculate the available natural resources. The main source of energy on Earth is oil. It is thanks to her that most power plants operate, cars and buses drive. Oil has become the main engine of modern civilization. But the amount of "black gold" is gradually drying up.

oil reserves in Russia
oil reserves in Russia

Against this background, Russia stands out not only for its natural resources, but also for the fact that every year their volume only increases. The modernization of production allows not only to increase the amount of "black gold" produced, but also allows the development of already "used" wells.

Better equipment allowed Russian oil companies to increase their proven oil reserves by 5-15%. Within 3 years, from 2001 to 2004, the total explored oil reserves in Russia increased one and a half times. To date, the Russian Federation has tripled this figure, the total volume fluctuates today around the figure of 120 billion barrels.

oil and gas reserves in Russia
oil and gas reserves in Russia

Oil reserves in Russia are growing not only along with new discoveriesdeposits, but also thanks to unique methods of extraction. The drilling of horizontal wells, the use of modern means of production automation, lead to the fact that a considerable amount of “black gold” can be extracted from already developed and, it would seem, already developed wells. The volume of raw materials extracted from one well, after the introduction of modern technologies, increases by 50%.

Proved oil reserves in Russia are also increasing due to new discoveries. For example, the Vankor field is estimated at 3.5 billion barrels of oil. Its development was started by Rosneft. Currently, additional geological exploration is being carried out to study not only the terrestrial, but also the sea depths of the Arctic Ocean for the subsequent extraction of oil from its bowels. Technologies for the construction of modern floating platforms are actively developing.

The main oil reserves in Russia are located in the northern regions. The development and development of these regions are associated with huge investments. The quality of the oil also leaves much to be desired, therefore, before transportation, the oil is cleaned at special oil recovery units. They make it possible to distill oil already purified from third-party impurities to the buyer, increasing its cost and the profitability of the well itself.

explored oil reserves in Russia
explored oil reserves in Russia

Russia has a quarter of the world's natural gas reserves, which automatically makes it a leader in the export of "blue fuel". More than half of the explored largest gas fields are located in Russia. The main problem in developmentalso lies in the poor knowledge of Siberia. Remoteness from the center and severe weather conditions make it necessary to carry out work only when necessary.

Oil and gas reserves in Russia are one of the main sources of income. The Russian economy is currently completely dependent on world prices for these natural resources. Despite the fact that Russia has very rich oil and gas reserves, their extraction, and most importantly, their export, is associated with great difficulties. The construction of new gas and oil pipelines requires large financial investments. Naturally, every dollar invested will later bring a considerable profit, but it takes a very long time from the moment the funds are deposited to the receipt of dividends. This makes investments in Russian oil unattractive for foreign capital, which finds it easier to buy it from Middle Eastern competitors. Be that as it may, Russia's oil reserves will contribute to its prosperity for a long time to come.

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