The article is devoted to the aspects of financing geological exploration in subsoil use. The author considers the main indicators for assessing the commercial benefits of developing hydrocarbon deposits. The valuation of reserves, taking into account the forecast resources of mineral deposits and subsoil areas, is one of the important criteria for economic justification necessary for solving a wide range of issues in the field of subsoil use for all participants in this process. The determination of commercial benefits from their industrial developmentis recognized as the main objective of the valuation of mineral deposits and subsoil areas.The net discounted income, which is taken into consideration to determine the effectiveness and feasibility of the implementation of the developed investment projects related to the development of mineralsis considered an indicator of such avaluation. The development of investment projects in accordance with current standards and methods is a very laborious and expensive process that requires taking into account many input indicators and factors of calculation and use of special computer programs. Various scenarios of changing the economic efficiency of the project depending on the discount rate are substantiated.The state of the mineral resource base of hydrocarbon raw materials, including the unallocated subsoil reserve fund, is estimated. The author also gives estimates of the commercial effectiveness of hydrocarbon deposits development based on unclaimed small hydrocarbon deposits are given. The basic economic prerequisites for the formation of small business in subsoil use, aimed at the development of rational subsoil use and resource conservation, as well as the socio-economic development of the resource regions of Russia, are justified. The considered directions for the development of unclaimed hydrocarbon deposits can be recommended for use in the raw material subjects of the Russian Federation for projects for development projects of small energy and small business in subsoil use in the regions.
Volume 12 | Issue 6
Pages: 1356-1360
DOI: 10.5373/JARDCS/V12I2/S20201331