Main research objectives are:
1. State value and prospects of the proppant submarket development from standpoint of investment appeal.
2. Expediency definition and possibilities of investors penetrate in the Russian proppant submarket.
The research period is 2000-2007 years. The general trends and forecasts of proppant submarket development are considered over the near-term outlook in coordination with oil- and gas producing branches up to 2030 year.
Information sources:
1. Statistical data of Federal State Statistics Service, estimated and forecast figures of Energy Information Administration, Ministry for Economic Development and Trade of the Russian Federation, Ministry of Industry and Energy of the Russian Federation, Ministry of Natural Resources of the Russian Federation, data of Federal Customs Service of Russia.
2. The companies press releases, branch and expert estimations of mass media.
3. Own informational resource and extensive enterprises database of Information Agency «CredInform – North-West».
General conclusions:
On the experts opinion of the Russian proppant submarket, the proppant production and consumption is in the close dependence on a state and development prospects in the oil- and gas subbranches.
As the practice indicates, modern ways of extraction the oil and gas stocks from the land with application of layers hydrobreak, on the one hand, cause wide proppant applying, and, on the other hand, stimulate development of the proppant submarket as a whole.
For all investigated period since 2000 till 2007 the Russian proppant submarket capacity annually grew proportionally on the average 10% and in the near-term outlook will be kept, at least, at a former level.
By now it has been opened and explored more than 3 thousand oil fields in Russia, and approximately half of them are being developed. The most part of these resources is located on land. More than half of Russian petroleum production is concentrated in area of Ural and Western Siberia.
The main feature of the Russian gas-and-oil producing complex is that the most part highly debit gas-and-oil fields of operated fund differ in a high degree of development against a background of the reduced financing of exploration work since 1998.
In view of the aforesaid it is necessary to note that development of new gas-and-oil fields and an effective using of available gas-and-oil wells can and should be conducted with using of innovation technologies with proppant applying.
Among the other factors, providing uninterrupted supply of a gas-and-oil producing complex by modern materials of domestic and import manufacture and causing the subsequent development of the proppant submarket in Russia, are: availability of the confirmed and explored reserves of oil and natural gas, increasing need on them not only in Russia, but in the world along with a rise in prices on them as well. The foreign trade turnover of proppant during the period 2005-2007 (8) was declared by operators in 12 codes CN foreign trade activities.
The potential basis for proppant manufacture in Russia is made up the industrial enterprises of a segment of fire-resistant and abrasive production which is one of the most mass kinds of raw material for the petroleum and natural gas industry along with metallurgical and other branches.
The brief information on the leading companies of the Russian proppant submarket is presented in the end of the report. However in practical work it is necessary to consider and other participants of the submarket (there can be more than hundred participants) as they show the certain financial successes in concrete segments, for example: in manufacture and realization of separate kinds of production, are importers, exporters, representatives or dealers of the world manufacturer.
In order to help to understand the companies-participants of the Russian proppant submarket, and also to receive brief information on them, «The directory of the branch enterprises» that was created in the company «CredInform – North-West» will help.
More detailed information on any firm can be received in a mode online at site of Agency where in more accessible form reference data on firm are presented not only, but also in the comparative form its financial figures, given foreign trade activities and another.