Capitalization of resources of natural gas of shale formations

Journal Title: Економічний аналіз - Year 2018, Vol 28, Issue 1

Abstract

Introduction. The article is devoted to problems of capitalization of natural gas resources of shale formations. Purpose. The article aims to develop methodological approaches to estimate the cost of natural gas resources of shale rock for their conversion through capitalization into assets, which can generate revenues and create added value. Results. The model for capitalization of shale gas resources in the subsoil has been developed. It allows to take into account the initial debits of shale wells, the rate of decline of deposits, the number of development cycles in the process of shale gas extraction, the accumulated shale gas extraction at different stages of development, the amount of investment and operating costs, time factor taking into account the natural and geological features and risks existing in the development of a specific shale deposit. The methodical approaches for determining the main parameters, which the proposed model includes, have been described.

Authors and Affiliations

Yaroslav Vytvytskyi, Olha Lebega

Keywords

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  • EP ID EP513871
  • DOI -
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How To Cite

Yaroslav Vytvytskyi, Olha Lebega (2018). Capitalization of resources of natural gas of shale formations. Економічний аналіз, 28(1), 11-17. https://europub.co.uk/articles/-A-513871