Russian oil and gas companies, despite the need to maintain the resource base, are in no hurry to begin geological exploration in new remote regions, as this is an expensive pleasure without sufficient guarantees. Therefore, the state should stimulate them. The greatest efficiency in this area can only be achieved through joint efforts with participants in the fuel and energy sector, who will subsequently conduct further exploration and development.
After the departure of foreign players, the Russian oilfield services sector faced the need to accelerate the development of its own technologies for the development of new hydrocarbon provinces. Market participants believe that the main obstacle to this is the lack of investment, which can be offset by government support. If dependence on foreign technologies continues, oil production in Russia may fall by 20% by 2030, experts predict.