DRILLING CONTRACTOR’S DEVELOPMENT THROUGH IMPROVEMENT OF BUDGETING AND MANAGEMENT ACCOUNTING SYSTEMS.
Shkarin, Denis V. – deputy head of Gazprom projects implementation department, Ukhta Burenie, branch of LLC Gazprom Burenie, dshkarin@uhtb.burgaz.ru dshkarin@uhtb.burgaz.ru
Khalitova, Elvina G. – postgraduate student, FGBOU VPO UGNTU, lead drilling engineer, engineering team of Gazprom projects implementation department, Ukhta Burenie, branch of LLC Gazprom Burenie, yamal_pts@uhtb.burgaz.ru yamal_pts@uhtb.burgaz.ru

УДК 622.24.003
Key words: oilfield services market, budget, management accounting, financial liability centre, cost management.
The article describes the business environment of the well drilling market. Emphasis is placed on main issues of the existing cost management and management accounting systems of Ukhta Burenie, a branch of LLC Gazprom Burenie. The authors provide recommendations for development of a high performance management accounting system for effective managerial decision making processes.

DRILLING CONTRACTOR’S DEVELOPMENT THROUGH IMPROVEMENT OF BUDGETING AND MANAGEMENT ACCOUNTING SYSTEMS.
Shkarin, Denis V. – deputy head of Gazprom projects implementation department, Ukhta Burenie, branch of LLC Gazprom Burenie, dshkarin@uhtb.burgaz.ru
Khalitova, Elvina G. – postgraduate student, FGBOU VPO UGNTU, lead drilling engineer, engineering team of Gazprom projects implementation department, Ukhta Burenie, branch of LLC Gazprom Burenie, yamal_pts@uhtb.burgaz.ru

Key words: oilfield services market, budget, management accounting, financial liability centre, cost management.
The article describes the business environment of the well drilling market. Emphasis is placed on main issues of the existing cost management and management accounting systems of Ukhta Burenie, a branch of LLC Gazprom Burenie. The authors provide recommendations for development of a high performance management accounting system for effective managerial decision making processes.