The economic formalization of the term HtRR is the key to administering tax incentives

The concept of "hard-to-recover reserves" arises when existing technologies do not correspond to the geological features of the reservoir and the development of such objects is unprofitable. The trinity of concepts: geology – technology – economics is considered in the context of the formation of a conceptual base that allows in the future to administer taxation to stimulate economical oil and gas production.

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