Description: Russian Oil Supply traces the development of the Russian oil industry from its inception in the 1870s through the present. The fundamental geology of the two main producing basins (Volga-Ural and West Siberia) is presented along with a review of key production technologies. The technical, economic, and policy aspects of achieving the 1987-88 peak production are described as well as the mechanics of the production collapse that followed and, since 1999, the recovery of Russian output. The performance of Russia's major oil companies, independents and joint ventures is analyzed and conclusions drawn on the future course of production and exports.
Review Quotes: This is not bedtime reading, but it is entirely accessible to the non-specialist. And it provides the most measured and comprehensive assessment available of Russia's near- to medium- term potential as an oil supplier. If Russia's status as an international actor increasingly involves oil, here is a very good place to begin understanding it. --Foreign Affairs