Rosnedra summed up the results geological exploration in Russia. The industry is demonstrating multidirectional trends: stability in the search for hydrocarbons and strong growth in the field of solid minerals thanks to growing investments.
According to Rosnedra, geological exploration in Russia shows different results in key areas. The hydrocarbon sector remains stable despite sanctions restrictions. Reproduction of reserves remains an important achievement. At the end of last year, the increase in recoverable reserves of oil and gas condensate reached 592 million tons.
Annual investments in hydrocarbon exploration exceed 300 billion rubles on average. State funding amounts to approximately 11-12 billion rubles per year. Specialists note that in the future it will be necessary to intensify work due to the gradual deterioration of the structure of reserves.
On the contrary, geological exploration of solid minerals is showing intensive growth. Investments in this area are constantly increasing: from 58 billion rubles in 2021 to 88 billion in 2024. This jump is associated with the acquisition of all available licenses for highly liquid raw materials.
In the context of a reduction in the number of objects for later stages of exploration, the early exploration sector is actively developing, which includes prospecting and appraisal work. The introduction of the declarative principle of plot allocation had a positive effect.
Exploration of solid minerals is expected to continue to grow, but at a slower pace.
The material was prepared with the support of the Russian Ministry of Education and Science as part of the Decade of Science and Technology.
Source: geonews.ru
Photo: rogtecmagazine.com
