Information and Analytical Support System of Exploration on the Russian Arctic Shelf

With the transition of Russia to a market model of the economy, it became obvious that oil and gas are the most significant and in demand from the mineral resources of the Arctic continental margin of Russia. The search for oil and gas fields in the Russian Arctic began in the 30s of the twentieth century and from the very beginning the work on the study and development of oil and gas resources lay on the shoulders of the state. In modern Russia, the subsoil use Fund, which is largely inherited from the USSR, is almost completely transferred to mining companies, which, while having sufficient reserves, refrain from large-scale financing of exploration due to high geological and economic risks, while financing of exploration from the Federal budget is also actively reduced. To date, the Arctic shelf can not yet be considered a reliable industry reserve: the effect is possible only within the framework of the state program under the strict control of the government of the Russian Federation and the state Commission on the development of the Arctic.