Cost of oil production in the countries.

oil, equivalent to the dollar and gold is one of the most powerful levers of economic regulation.For prospective oil fields are constantly conducted the war between the states, some government units are replaced by others.Power on the structure belongs to the category stranoobrazuyuschih industries as a breakthrough in this area leads to the dawn of the majority of activities of the country.The more the country is able to extract "black gold", the lower the cost of its production, the higher the chance the state of the economy and the prosperity of the conquest of the strong position in the global market.

Cost of production of the resource by countries

cost of oil production in the countries differs considerably.For example, Saudi Arabia's production cost of fuel does not exceed 10 dollars per barrel.In Russia, this figure varies between 30 and 40 dollars.In America it is important in some regions comes to the level of 60-70 dollars.With Canada's individual situation.In developing the oil sands have to spend on the order of 120-150 dollars per barrel.

Puts whether the situation "shale revolution" in the United States under attack?

situation with prices on the oil market and the cost of oil production in the countries, especially the United States, according to a sufficiently large number of experts, jeopardizes the "shale revolution".If the price of a barrel of oil rises closer to the mark of $ 80 in the near future, it will produce just unprofitable.To work to the detriment of himself nobody wants.The low cost of black gold and the high cost of works on development of oil opens the door to the world market of countries such as India and China.If the cost of an energy indicator drops to $ 30, the market will be squeezed out of such a major player as Russia.The only way out - it's the beginning of the implementation of the oil countries in their own currency without reference to the dollar.

opposite side of the coin is that voiced by the public cost of oil production in the countries is not factual.Systematic development of new deposits of fossil, and perfected technology reduces the cost of its production.Many countries can withstand much higher loads from the decline in world fuel prices.Table

development cost of a barrel of oil of the countries examined the table

cost of barrel of oil in each of the producing countries.

From the table it is clear that the confidence of all the international oil market feels it is Saudi Arabia.And that she is an avid participant OPEC, which flatly refuses to reduce oil production.The fall in prices, which leads to the horror of many states, it does not frighten.Many analysts assume that such behavior simply wants to oust the country from the world stage, their main rivals.

The table contains data which show the value of a barrel of oil excluding taxes into state coffers and without the cost of excise duties, other minor expenses.Here it is possible to focus attention on the fact that in Russia the cost of oil is formed by 55% of the taxes.In America, this kind of business is almost not taxed and, consequently, private companies have excellent prospects for development and excellent conditions in the international market.Support from the state plays an important role.

Details of the cost of US oil

cost of oil in the US is significantly different depending on the place of development and the specificity of the production technology used.Thus, in 2012 the major American mining companies have spent about $ 100 on the technology used in shale oil.In 2015 this figure stood at around 30 dollars.Representatives of the private oil companies informally say that thanks to systematic and long-term improvement of technologies for oil, they managed to reach the figure of $ 22 per barrel.Maintenance of active oil producing plant costs half less.Find out exactly what the cost of a barrel of oil in the United States, is not possible.It will be apparent over time, with the development of the situation in the oil market.

What are the prospects for the US?

Estimating the cost of extracting a barrel of oil in America, many experts do not stop to wonder about at some specific indicators of prices on the world market for fuel production would be unprofitable for the state.According to statistics, one of the largest agencies, only 4% of the oil produced at the moment are beyond profitability.Large deposits in North Dakota are functioning successfully and continues to evolve today.In addition, we are constantly exploring new areas and assessment of potential deposits.The most productive region of the United States - is the Mackenzie District, where the cost of a barrel of oil rises above $ 28.A great influence on US policy has a strategic reserve of fuel.According to preliminary estimates, to date, it is enough to provide all the needs of the state in the next three years.

how much it costs, oil production in Russia?

Cost of oil production in Russia is not only shaped by the specifics of its production, much of it justified the accompanying costs.The entire volume of Rosneft's revenues can be divided are numbered to 100%.At the same time 55% of the income will be deducted to pay for state excise, severance tax and customs duties.10% of the total income is spent on preliminary research fields, installation of oil drilling equipment, searching for customers and contracts with them.Add to the total expenditure of 8.4% of the cost of a barrel of shipping it to customers and 7.6% depreciation of all the resources of Rosneft (machinery, buildings, equipment, rigs, etc.).The company, in addition to energy production, it also buys from third-party companies, it pays for the processing of at least 8.6% of revenues.Net income after the implementation of "black gold" is not more than 10%.

Cost of oil production in Russia, despite the generally accepted figure is in the range of 12 to 25 dollars, much more.Given the cost of land lease or purchase of the rights to its use, the cost of construction is optimal for fuel production infrastructure, it turns out the figure of around 70 dollars per barrel, which is an order of magnitude greater than that of America.

Why OPEC countries do not reduce the oil content and low prices?

cost of oil in Saudi Arabia, the lowest in the world.It ranges from 4 to 5 dollars.This allows the state to withstand the significant drawdown in prices on the world market.Failure to develop an energy reduction has led to the drop in the value of "black gold."Such a decision is justified by the fact that not only Saudi Arabia but all OPEC countries are completely dependent on the oil industry.The only state that does not depend on the production of fuel - is Indonesia, which generated profits of tourism industry, the gas industry and the sawmill.All other OPEC members to a greater or lesser extent survive thanks to oil.Depending on their level ranges from 48 to 97%.Hence the conclusion: given the low cost of oil in the different countries participating communities, they do not suffer from the situation on the world market.Reduce the volume of production, they hit on his own economy.Decisions are made on the reverse: the more production of fuel, the better the country itself and its people.

Why does the demand for oil is growing, and the price of oil falls?

In the past few years, the demand for oil in the world has increased several times.This was facilitated by the development of the economies of China and India.High levels of demand have led to the fact that in mid-summer 2014 the price of oil peaked at 117 dollars.The situation did not become a statistic, by the middle of autumn price per barrel slipped to $ 60.The "black gold" as it was, and remains popular.An interesting fact is that the drop in fuel prices has no clear sound economic reasons, the state continues to develop, their needs grow.Only in China over the last year it has been released about 30 million vehicles.Another interesting fact is that the cost of oil production in the countries of almost not changed.

supply growth outstripped the increase in demand

Since interest in the oil market has grown, the cause of the fall in prices is likely to become the increase in sentences that exceeded skaknuvshy demand.The rate of energy resource extraction activity increases in Saudi Arabia and in the United States.The imprint on the formation of oil prices imposes political situation and the conflict between Russia and Ukraine.History shows that any change in the geopolitical significance of the region in the world lead to an increase in energy prices.

Reducing the cost of oil production in the world - no additional income

Modernization of oil production technology has reduced the cost of fuel.The idea is that exporting States had to fuck a good profit from the situation.In contrast to all expectations, the price of fuel on the world market collapsed.The development of the sector and reduce the cost of oil development have led to losses.The reasons for this are several:

• lifting of sanctions against Iraq, the increase in the proportion of its fuel in the international market.
• recovery of Libya and its oil industry.
• deliveries to the international market of contraband oil at artificially low prices.
• Increased production of unconventional oil (shale, on the sands and heavy).

limit the profitability of oil

fall in the value can not be done indefinitely.Once the cost of oil in the world will be almost equal to the cost of fuel on the market, you can expect a reversal.Here works the fact that each state has its own fixed price fuel production.Price changes had a global impact on state revenue and profitability development of the oil.In fact, just spend less on fuel production Gulf states.This is due to the small depth of the fossil and the close proximity of the development of the fuel to the end consumer.The costs of construction and maintenance technology are minimal.The highest cost of oil production in the world, America, as it works exclusively with shale resources.They are very difficult to produce and financially difficult.From a technology he refused to virtually the entire world.According to analysts, the profitability of such fuel will remain at the level if the world market price of a barrel will not fall below $ 75.In fact the situation is different: despite the fact that prices have gone over the figure of $ 50, America continues active development of mineral deposits.

Instead of conclusion

Cost of oil production in Russia is much lower than in America.Nevertheless, the US continues to increase the volumes of production of fuel, the experts directly linked to the political conflict in the modern world.Thus, in October 2014, the volume of fuel production was 8.9 million barrels, then in 2015 it is planned to increase to 9.4 million.It undercurrents determine the situation on the world oil market, economic factors, this time completely absent.