Capitalization of Mineral Resources as an Innovation Ecological Strategy

Abstract

The paper presents issues of evaluation objects of subsoil usage and reflecting information of mineral assets for oil and gas companies. Estimation of the objects in the mineral resources sector is regulated by IFRS 6 «Exploration for and Evaluation of Mineral Resources», Russian Financial Standard, US GAAP and other normative documents. The authors` idea is to capitalize costs connected with the stages of geological exploration process, what is considered as an innovative component. Concepts of natural and environmental capital are overviewed. Different classifications of reserves and mineral resources of various categories of oil and gas are analyzed. The results of the study show that capitalizing reserves as mineral assets in oil and gas companies is possible and economically profitable.

Automation of the control system for drying grain crops of the technological process for obtaining biodiesel fuels

“…It should be noted that the use of the obtained technology is limited by climatic conditions. As shown in 46 – 55 , the industrial application of some technologies is very limited at low temperatures.…”

The development of the soderberg electrolyzer electromagnetic field’s state monitoring system

“…In the context of transportation of oil, gas, biodiesel 54 and other components that are directly related to the cost of transportation, a number of economic factors influencing metallurgy can be identified: Prices of metal resources: Prices of steel, iron, aluminum and other metals have a direct impact on metallurgical production. Increasing prices for metals can increase the cost of production and reduce the demand for metallurgical products 1 – 3 , 10 , 16 , 45 – 49 , 55 , 56 . Demand for metallurgical products: economic growth and the construction industry can lead to an increase in demand for metallurgical products, while a recession in the economy can reduce demand 2 – 5 , 7 , 19 , 22 , 28 – 30 , 45 – 49 , 57 – 62 .…”

“…Prices of metal resources: Prices of steel, iron, aluminum and other metals have a direct impact on metallurgical production. Increasing prices for metals can increase the cost of production and reduce the demand for metallurgical products 1 – 3 , 10 , 16 , 45 – 49 , 55 , 56 .…”

Modeling of the Natural Objects’ Temperature Field Distribution Using a Supercomputer

“…Since a feature of the Kislovodsk narzan field is the presence of different types of narzan at one geographical point (sulphate, dolomite, general), it is necessary to calculate the values of temperature fields for each layer of narzan. To this end, discrete analogues for three types of narzan located one above the other were obtained [36].…”