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Spatial Dynamics of the Oil and Gas Field Services Sector: Global Trends and Lessons for Russia

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  • V. A. Kryukov

    (Russian Academy of Sciences)

  • A. N. Tokarev

    (Russian Academy of Sciences)

Abstract

It is shown that the global spatial organization of the oil and gas field services sector depends largely on the characteristics of assets available in the mineral resources sector and that Russian service companies still remain players in the regional league. Our analysis reveals the key role of oilfield service companies in the innovative processes in the oil and gas industry. Science-intensive services can significantly reduce the unit costs of reserves increment and production costs. Endogenous, network, and exogenous models are used to summarize the formation and development processes for the oil and gas component of regional innovation systems. It is shown that resource regions cannot follow a single model of innovative development targeting the needs of the oil and gas industry. These models should take into account a wide range of regional features. The results demonstrate the need to strengthen the role of resource regions in regulating the oil and gas field services sector and innovative processes in the oil and gas industry. The focus is on developing a methodology for studying innovative processes within regional socioeconomic systems and on providing practical recommendations for the development of the oil and gas field services sector in Russia’s resource regions.

Suggested Citation

  • V. A. Kryukov & A. N. Tokarev, 2018. "Spatial Dynamics of the Oil and Gas Field Services Sector: Global Trends and Lessons for Russia," Regional Research of Russia, Springer, vol. 8(3), pages 248-257, July.
    • Handle: RePEc:spr:rrorus:v:8:y:2018:i:3:d:10.1134_s2079970518030036
    DOI: 10.1134/S2079970518030036
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    References listed on IDEAS

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    Cited by:

    1. V. A. Kryukov & A. N. Tokarev, 2022. "The Oil Industry in the South of Tyumen Oblast: Enclaves or Clusters?," Regional Research of Russia, Springer, vol. 12(2), pages 113-123, June.
    2. Valeriy Kryukov & Anatoliy Tokarev, 2018. "Relationship between Assets and Organizational Structure in the Oil Industry: Regional Aspects," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1076-1087.
    3. V. A. Kryukov & A. N. Tokarev, 2023. "Innovative-Resource Directions of Industrial Development: The Example of the South of the Tyumen Oblast," Studies on Russian Economic Development, Springer, vol. 34(1), pages 25-32, February.
    4. Valeriy Kryukov & Anatoliy Tokarev, 2022. "Spatial trends of innovation in the Russian oil and gas sector: What does patent activity in Siberia and the Arctic reflect?," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(1), pages 127-146, February.

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