Vector of development of prospecting branch in the conditions of exhaustion of raw material resources

Abstract. Exhaustion of oil resources in many oil-extracting regions staticizes a problem of development of mechanisms of economic incentives of activity of the prospecting companies, effective regulation of tax system and its adaptation to needs of development of oil-extracting and prospecting branches. Offers on rational use of investment means in geological exploration and to justification of administrative decisions are considered. The main questions of tax and investment incentives of activity in the subsurface use sphere in the conditions of insufficiency of financing of prospecting works are taken up.