|PROBLEMS OF MODERN ECONOMICS, N 1 (37), 2011|
|ECONOMIC PROBLEMS OF REGIONS AND BRANCH COMPLEXES|
|Grigorjev Yu. P.|
Professor, Chair of Organization and Management, G.V. Plekhanov St. Petersburg State Mining Institute, PhD (Economics), Professor
Chaikovskaya D. D.
PhD student, Chair of Economy and Finances, State Polar Academy (St. Petersburg)
|The article analyzes Russia’s oil extraction branch in relation to the volume of extraction and accrual of oil deposits, distinguishes the major factors of effectiveness in the oil extraction industry, and describes indices of oil resource supplies. The authors define the possible directions of further research related to evaluation of deposits with the decreasing oil extraction|
|Key words: evaluation of deposits with decreasing oil extraction, oil extraction industry, effectiveness of oil extraction industry, sustainable development|