TY - JOUR TI - Hydrocarbons Reserves in a Changing Institutional Environment T2 - HSE Economic Journal IS - HSE Economic Journal KW - gas KW - technology KW - institutional conditions KW - oil KW - resources/reserves KW - depletion AB - Article analyses modern tendencies in oil-and-gas sector resources base development. Article shows not only high oil prices influenced growth of the oil-and-gas sector resources base (what gave chance for the transfer of uneconomic resources into profitable reserves), not only widespread of modern oil-and-gas production technologies (like horizontal drilling and hy drof­racturing), but also (especially in US) extremely favorable institutional and organizational conditions. Access to modern technology in combination with skills and experience to use these technologies - are among most important features. All together changes not only organiza tional pattern of the oil-an-gas sector, but also principles and forms of the various companies interactions (especially between national and transnational oil-an-gas companies). AU - Valery Krukov AU - Ol'ga Selezneva UR - https://ej.hse.ru/en/2013-17-3/106452632.html PY - 2013 SP - 433-458 VL - 17