Systematization of the risk factors of oil and gas companies

Russian oil and gas companies take a leading role in the national economy and represent the state's interests in the global oil and gas market. Production activity of the enterprises for the production of hydrocarbons is accompanied by the presence of a considerable number of risk factors. Article describes the characteristics of the main interpretations of the concept of “economic risk” and “uncertainty”, as well as methodical peculiarities of their evaluation. The basic disadvantages of used terms and generalizations “risk” categories of enterprises. The authors determined the specifics of the economic risk of oil and gas enterprises and its determinants. This has allowed choosing the most adapted formulation of the concept of “economic risk” to the conditions of activity of the enterprises of oil and gas complex. Article indicated by the urgency and problems of classification of risk factors in the activities of oil and gas companies. Authors have developed and presented to the four-dimensional matrix group of risk factors that affect the reliability and continuity of oil and gas production. he described method of filling and use of the matrix for the current group of risk factors forming the production of hydrocarbons. Characteristic stages of building the risk profile in the current activity of the enterprise based on the recommended matrix approach. The practical example of systematization of the risk factors of oil and gas companies. Proposed by the authors of factors classification is methodical instrument of economic risk management system in the enterprise. The recommended approach to the systematization of risk factors will ensure the completeness and accuracy of the evaluation of credentials, as well as gain an understanding of the place of occurrence of risk situations and the degree of influence on the result of industrial and economic activities of oil and gas companies. Article described the importance of quality classification and risk management that improve reliability and quantify the effectiveness of the control actions. The basic problem in the risk management system of oil and gas industry, the solution of which is achievable by applying the recommended universal classification of economic risk technology.