ECONOMIC PROBLEMS AND PROSPECTS OF GEOLOGICAL EXPLORATION IN RUSSIA

Abstract

The article examines the issues of geological exploration (exploration). It is impossible to overestimate the importance of oil and gas exploration. It plays an important role in ensuring the dynamics of socio-economic development of society associated with the orientation of the Russian economy to the use of traditional energy carriers. The impact of the cost of energy resources on the production costs of goods, and consequently on the competitiveness of companies, is enormous. In order to maintain production at a sufficient level, it is necessary to carry out exploration work, since the replenishment of depleted reserves is the key to the progress of production in the future. In this regard, leading oil and gas companies are actively conducting geological exploration in traditional oil-bearing territories and increasing their influence on new ones. The article attempts to determine the current state and vector of development of the exploration industry, systematizes the information of Rosnedra on the implementation of exploration, offers suggestions and conclusions for possible improvement are made