| In the section | Articles |
| Title of the article | Resource Areas in the New Institutional Environment |
| Pages | 26-60 |
| Author 1 | Valeriy Anatolyevich Kryukov Doctor of Economics, Professor, Corresponding Member of the Russian Academy of Sciences, Deputy Director. Institute of Economics and Industrial Engineering of the Siberian Branch of the Russian Academy of Sciences 17 pr. Akademika Lavrentyeva, Novosibirsk, Russia, 630090 This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Abstract | The article demonstrates that today the dynamics of development and production of mineral resources in resource specializing regions may differ significantly from the canonical scheme - i.e. there is no gradual and steady depletion of natural resources within mentioned territories. The combination of several factors may again move resource regions that used to be «hopeless» to the stage of growing production. These factors are: a modern knowledge economy, an adequate resource mode (norms, rules and procedures that «master» the process of development of natural resources) and developed and available infrastructure of mineral resources extraction. As an example the author considers the USA oil-producing states (Texas, Louisiana and North Dakota) which showed rapid growth in production of natural gas and oil in the last few years. The author sees the accumulation of a «critical level» of economic activity (infrastructure, the number and diversity of companies in the oil and gas sector and the availability and quality of human capital) as the main cause for the development of shale hydrocarbons in these states. These considerations are very important for Russia: the development of heavy oil deposits in Tatarstan, bringing into development the deposits of the Bazhenov formation in Tyumen Oblast and the future oil extraction from bituminous minerals in Yakutia will occur under the same laws (with some Russian specificity, however). |
| Code | 332 |
| DOI | 10.14530/se.2014.4.026-060 |
| Keywords | ♦ resource area ♦ institutional conditions ♦ level of economic activity ♦ stages of mineral resources development ♦ resource mode ♦ subsoil use |
| Download | SE.2014.4.026-060.Kryukov.pdf |
| For citation | Kryukov V.A. Resource Areas in the New Institutional Environment. Prostranstvennaya Ekonomika = Spatial Economics, 2014, no. 4, pp. 26-60. DOI: 10.14530/se.2014.4.026-060. (In Russian). |
| References | 1. Agranat G.A. The Using of Resources and the Development of the Territory of Foreign North. Moscow, 1984, 263 p. (In Russian). 2. Mountain Encyclopedia: in 5 Volumes. Volume 4. Moscow, 1989, 623 p. (In Russian). 3. Kryukov V., Sevastyanova А., Tokarev A., Shmat V. An Evolutionary Approach to the Formation of the System of State Regulation of the Oil and Gas Sector. Novosibirsk: Institute of Economics and Industrial Engineering of the Siberian Branch of the RAS, 2002, 170 p. (In Russian). 4. Muslimov R.Kh. Features Exploration and Development of Oil Fields in the Conditions of Market Economy. Kazan: Academy of Sciences of the Republic of Tatarstan, 2009, 727 p. (In Russian). 5. Poddubny Yu.A. EOR – Frustrated Hopes. Area for Further Actions. Neft. Gaz. Novatsii [Oil. Gas. Innovations], 2011, no. 7, pp. 24–34. (In Russian). 6. Hickel W. Problems of Public Ownership. Model of Alaska – Opportunities for Russia. Moscow, 2004, 356 p. (In Russian). 7. A Tale of Two States. The Wall Street Journal, 2013, May 7, Tuesday. 8. America s New Energy Future: The Unconventional Oil and Gas Revolution and the US Economy. Vol. 1: National Economic Contributions. An IHS Report, 2012, October, 184 p. Availablr at: (accessed 10 October 2014). 9. Batbold D., Grunewald P. Bakken Activity: How Wide is Ripple Effect? Fedgazette, 2013, July. 10. BP Energy Outlook 2030. ВР, 2013. Available at: (accessed 04 September 2014). 11. Bureau of Economic Geology. The University of Texas at Austin. Available at: http://www.beg.utexas.edu/info/shale_rsrvs_prod.php (accessed 18 September 2014). 12. Bureau of Land Management. Available at: http://www.blm.gov/wo/st/en/prog/energy/oil_and_gas/statistics.html (accessed 01 October 2014). 13. Global Unconventional Oil & Gas. Unconventional Rocks – from Deep Water Dack to Deep Land Plays. J.P. Morgan Gazenove. Global Equity Research, 10th January 2014, 264 p. Available at: (accessed 20 August 2014). 14. Hill F., Gaddy Cl. The Siberian Curse. Now Communist Planners Left Russia Out in the Cold. Washington, D.C., Brookings Institution Press, 2003, 302 p. 15. IHS Final Report. Independent Petroleum Association of America (IPAA), 2011. Available at: (accessed 27 August 2014). 16. Independent Petroleum Associated of America (IPAA). Available at: http://www.ipaa.org/economics-analysis-international/industry-statistics/ (accessed 03 September 2014). 17. Kuuskraa V.A., Stevens S.H. How Unconventional Gas Prospers Without Tax Incentives. Oil and Gas Journal, 1995, vol. 93, no. 50, December, 11, pp. 76–81. 18. Oil & Energy Insider. Free Weekly Report, 2014, October, 10. 19. Resource Communities: a Decade of Disruption. Edited by D. Detomashi, J. Gartrell. Westview Press, 1984, 192 p. 20. Sieminski А. Annual Energy Outlook 2012. Early Release Reference Case, 2012, December 5. US Energy Information Administration. Washington, D.C. Available at: (accessed 17 October 2014). 21. Stevens P. The «Shale Gas Revolution»: Developments and Changes. A Chatham House Briefing Paper. Energy, Environment and Resources. EERG BP, 2012. 12 p. 22. U.S. Crude Oil Developmental Wells Drilled (Count). Available at: http://tonto.eia.gov/ dnav/ng/hist/e_ertwo_xwcd_nus_cm.htm (accessed 25 September 2014). 23. U.S. Energy Information Administration (EIA). Available at: http://www.eia.gov/analysis/studies/worldshalegas/index.cfm (accessed 21 August 2014). |
| Financing | |
| Date |