Abstract

The scale of risks, uncertainties, errors and disasters associated with the prospecting, exploration and production of hydrocarbons that has accumulated to date makes it necessary to rethink the fundamental principles of the oil and gas industry. After 70 years of educational, practical and scientific work in petroleum geology, developing the foundations of geofluidodynamics of oil and gas-saturated systems, the author came to the conclusion about the need to develop a new paradigm. The main author’s petro-geological paradigm is that an oil reservoir is a living fluid-rock system, the state and parameters of which can rapidly change in a continuous mode under the influence of natural and man-made factors in accordance with the laws of spontaneous self-regulation. Suggestions and recommendations are made for the competent management of the technological process of oil production.

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