Published April 2012

Methodological aspects of risks management in oil-gas extraction enterprises

A.G. Huseynov

The article provides classification scheme on risk generating factors at the result of studying theoretical-methodological aspects of risks management in oil-gas extraction enterprises by taking into account international practice and field characteristics. Moreover, general and specific types of risks in oil-gas field have been distinguished, algorithm, empirical scale of decisions to be made on their evaluation has been developed, complex measures ensuring stabilization of oil production in near future in fields which are at the final stage of development have been improved.