Keywords:ecological and economic assessment, environment, industrial waste, oil industry, oilfields, social, stage of declining production, standard of living
Citation: Anna Sizova (2010). Oil Production at the Late Stage of Development: How to Maintain Efficiency?. Russian Journal of Entrepreneurship, 11(5), 48-52. — url: http://bgscience.ru/com/lib/2106
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Abstract:
The inevitable beginning of the late stage of an oil field development makes quite urgent the problem of efficiency of supporting oil industry operations. It is important to take into account all the components of this process: economic,
social and ecological for business entities, the state and the population employed in the industry. Taking into consideration the uncertainty and making a simulation model will effectively solve the problem of the optimal use of the oilfield.