Spatial Dynamics of the Oil and Gas Field Services Sector: Global Trends and Lessons for Russia
It is shown that the global spatial organization of the oil and gas field services sector depends largely
on the characteristics of assets available in the mineral resources sector and that Russian service companies
still remain players in the regional league. Our analysis reveals the key role of oilfield service companies in the
innovative processes in the oil and gas industry. Science-intensive services can significantly reduce the unit
costs of reserves increment and production costs. Endogenous, network, and exogenous models are used to
summarize the formation and development processes for the oil and gas component of regional innovation
systems. It is shown that resource regions cannot follow a single model of innovative development targeting
the needs of the oil and gas industry. These models should take into account a wide range of regional features.
The results demonstrate the need to strengthen the role of resource regions in regulating the oil and gas field
services sector and innovative processes in the oil and gas industry. The focus is on developing a methodology
for studying innovative processes within regional socioeconomic systems and on providing practical recommendations.