Cost of oil production in the Russian Federation
roubles
Oil production costs in Russia are measured in rubles for the period 2012–2021, allowing for an assessment of resource production costs. The rows divide the data into the first, second, and third quarters, enabling the tracking of seasonality and expenditure dynamics within each reporting year. These figures demonstrate the operating cost levels of oil companies operating within the country and provide an opportunity to compare quarterly indicators over a ten-year period
Chart of quarterly oil production costs in Russia from 2012 to 2021, rubles
- I quarter
- II quarter
- III quarter
- IV quarter
Set in numbers
Coverage: 4 series in roubles, 2012 through 2021, 10 reporting periods. 40 values in total.
“I quarter” multiplied by 2.4 between 2012 and 2021: from 7,477 to 17,916. The lowest value in the series is 7,421 in 2013.
All table numbers are series: 4
| Series | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| I квартал | 7 476,90 | 7 420,50 | 8 655,50 | 9 812,20 | 7 843,20 | 10 862,60 | 12 813,16 | 14 747,66 | 13 162,50 | 17 915,60 |
| II квартал | 7 194,90 | 7 312,50 | 8 666,40 | 10 123,80 | 9 613,10 | 10 335,30 | 14 772,40 | 15 646,48 | 9 245,07 | 20 378,98 |
| III квартал | 7 600,70 | 7 853,40 | 8 845,20 | 9 665,10 | 9 101,80 | 10 993,80 | 15 970,56 | 14 360,77 | 12 656,61 | 21 367,32 |
| IVквартал | 7 695,10 | 8 307,90 | 8 246,30 | 8 784,60 | 9 976,80 | 12 545,80 | 14 733,48 | 14 907,49 | 13 311,06 | 23 108,37 |
How to read this table
Quarterly breakdown allows for observing how production costs changed depending on the time of year. Comparing rows for the same quarter across different years shows long-term cost trends, while comparing data within a single year helps identify seasonal price fluctuations. Each row contains information on the ruble equivalent of costs, providing a clear view of the financial burden on the industry over different periods
What is visible in these numbers
“IV quarter” leads the table with 23,108 roubles, “I quarter” closes it with 17,916 roubles.
More in the section Technological development of economic sectors»
Period and application
Energy and economics specialists can use this data to analyze the efficiency of the extractive sector. This information is published by Rosstat as part of monitoring the technological development of industries and covers a ten-year period. The indicators help assess energy price dynamics and the cost structure of companies on a national scale
**) Без учета статистической информации по Донецкой Народной Республике (ДНР), Луганской Народной Республике (ЛНР), Запорожской и Херсонской областям
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