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The powerful technical progress in the West in studying and developing deposits of unconventional hydrocarbons has a great influence on increasing the efficiency of conventional oil and gas deposits. Based on the foundation of modern oil science, it is necessary to calculate reserves and carry out design taking into account geological, off-balance and recoverable reserves. The necessity is substantiated of an innovative approach for the whole chain of hydrocarbon fields exploration and development, the new ideology of construction of geological and hydrodynamic models, the transition to a new level of calculation of development indicators and the oil recovery factor. Particular attention is paid to the improvement of development systems based on various categories of horizontal and multi-hole wells and the application of various fracturing technologies in hard-to-recover oil reserves and tight reservoirs, the selection of new technologies, and pilot commercial development in the field.

Solving the Fundamental Problems of the Russian Oil Industry is the Basis for a Large-Scale Transition to Innovative Development