Economic Estimation of Project Risks when Exploring Sea Gas and Oil Deposits in the Russian Arctic
The aim of the article is to develop the methodology of economic estimation of risks when exploring shelf deposits of the Ob Bay in the Arctic Region of Russia. It considers various methods of accounting and economic estimation of risks: sensitivity analysis, scenarios method, imitation modeling, an...
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ftdoajarticles:oai:doaj.org/article:d83dfc2621b946b7b1dcc5c4a400a129 2023-05-15T14:38:13+02:00 Economic Estimation of Project Risks when Exploring Sea Gas and Oil Deposits in the Russian Arctic Marina Nikolayevna Kruk Anni Yulievna Nikulina 2016-04-01T00:00:00Z https://doaj.org/article/d83dfc2621b946b7b1dcc5c4a400a129 EN eng EconJournals https://dergipark.org.tr/tr/pub/ijefi/issue/31980/352620?publisher=http-www-cag-edu-tr-ilhan-ozturk https://doaj.org/toc/2146-4138 2146-4138 https://doaj.org/article/d83dfc2621b946b7b1dcc5c4a400a129 International Journal of Economics and Financial Issues, Vol 6, Iss 2, Pp 138-150 (2016) risk option oil gas shelf deposit sensitivity analysis Business HF5001-6182 Economics as a science HB71-74 article 2016 ftdoajarticles 2023-02-19T01:40:45Z The aim of the article is to develop the methodology of economic estimation of risks when exploring shelf deposits of the Ob Bay in the Arctic Region of Russia. It considers various methods of accounting and economic estimation of risks: sensitivity analysis, scenarios method, imitation modeling, and the method of real options. Calculations and the conclusion about the most rational method for calculating sea Arctic projects were made. This method of real options allows to take into account peculiarities of venture projects. This work is practically important because the offered methodology can be applied for all gas-and-oil deposits at the Arctic shelf of Russia that have been actively developed over the last decade. Article in Journal/Newspaper Arctic Directory of Open Access Journals: DOAJ Articles Arctic Ob' Bay ENVELOPE(163.367,163.367,-70.583,-70.583) |
institution |
Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
English |
topic |
risk option oil gas shelf deposit sensitivity analysis Business HF5001-6182 Economics as a science HB71-74 |
spellingShingle |
risk option oil gas shelf deposit sensitivity analysis Business HF5001-6182 Economics as a science HB71-74 Marina Nikolayevna Kruk Anni Yulievna Nikulina Economic Estimation of Project Risks when Exploring Sea Gas and Oil Deposits in the Russian Arctic |
topic_facet |
risk option oil gas shelf deposit sensitivity analysis Business HF5001-6182 Economics as a science HB71-74 |
description |
The aim of the article is to develop the methodology of economic estimation of risks when exploring shelf deposits of the Ob Bay in the Arctic Region of Russia. It considers various methods of accounting and economic estimation of risks: sensitivity analysis, scenarios method, imitation modeling, and the method of real options. Calculations and the conclusion about the most rational method for calculating sea Arctic projects were made. This method of real options allows to take into account peculiarities of venture projects. This work is practically important because the offered methodology can be applied for all gas-and-oil deposits at the Arctic shelf of Russia that have been actively developed over the last decade. |
format |
Article in Journal/Newspaper |
author |
Marina Nikolayevna Kruk Anni Yulievna Nikulina |
author_facet |
Marina Nikolayevna Kruk Anni Yulievna Nikulina |
author_sort |
Marina Nikolayevna Kruk |
title |
Economic Estimation of Project Risks when Exploring Sea Gas and Oil Deposits in the Russian Arctic |
title_short |
Economic Estimation of Project Risks when Exploring Sea Gas and Oil Deposits in the Russian Arctic |
title_full |
Economic Estimation of Project Risks when Exploring Sea Gas and Oil Deposits in the Russian Arctic |
title_fullStr |
Economic Estimation of Project Risks when Exploring Sea Gas and Oil Deposits in the Russian Arctic |
title_full_unstemmed |
Economic Estimation of Project Risks when Exploring Sea Gas and Oil Deposits in the Russian Arctic |
title_sort |
economic estimation of project risks when exploring sea gas and oil deposits in the russian arctic |
publisher |
EconJournals |
publishDate |
2016 |
url |
https://doaj.org/article/d83dfc2621b946b7b1dcc5c4a400a129 |
long_lat |
ENVELOPE(163.367,163.367,-70.583,-70.583) |
geographic |
Arctic Ob' Bay |
geographic_facet |
Arctic Ob' Bay |
genre |
Arctic |
genre_facet |
Arctic |
op_source |
International Journal of Economics and Financial Issues, Vol 6, Iss 2, Pp 138-150 (2016) |
op_relation |
https://dergipark.org.tr/tr/pub/ijefi/issue/31980/352620?publisher=http-www-cag-edu-tr-ilhan-ozturk https://doaj.org/toc/2146-4138 2146-4138 https://doaj.org/article/d83dfc2621b946b7b1dcc5c4a400a129 |
_version_ |
1766310340777213952 |