New Approaches to Improve Economical Efficiency of Development of Gas-Condensate Reservoirs with Thin Oil Rims

Abstract

Using BU161-4 formation of the Urengoy oil and condensate field deposit as an example the authors have demonstrated that today in the absence of developed transport infrastructure high CAPEX and OPEX investments are inevitable. It will result in negative economic results in developing oil banks in gas and condensate deposits located in the Northern and Polar regions of the Russian Federation. This factor decreases attraction of such assets for investors significantly and actually oil reserves in oil banks and gas reserves in gas caps are not developed and it is uncertain when these reserves might be developed. As a result the state will get less revenue from developing hydrocarbon reserves.