Open AccessOn top-priority measures to improve the investment attractiveness of oil prospecting in energy transition
Author(s) -
Alexander Sokolov
Publication year - 2021
Publication title -
georesursy
Language(s) - English
Resource type - Journals
eISSN - 1608-5078
pISSN - 1608-5043
DOI - 10.18599/grs.2021.3.5
Subject(s) - prospecting , attractiveness , subsoil , investment (military) , business , natural resource economics , petroleum industry , production (economics) , order (exchange) , fossil fuel , process (computing) , environmental science , economics , finance , mining engineering , computer science , engineering , microeconomics , environmental engineering , soil science , waste management , political science , psychology , operating system , politics , law , psychoanalysis , soil water
The country needs new, profitable «here and now» reserves that can slow the rate of oil production decline. In this regard, the subsoil manager urgently needs to take fundamental measures to raise investment in oil prospecting and to speed up the process. All hopes rest upon independent investors who have potential to accelerate and increase prospecting activity. In order to stimulate oil prospecting, the subsoil manager needs to take several steps towards independent investors.