Research On Cost Management Of State-owned Oil Service Companies Under The Background Of Low Oil Price

At present,the international oil prices and the measure of consumption all fell sharply.Domestic oil industry also entered the winter stage,both income and profits of state-owned oil company all dropped down to an unprecedented low level.So they have taken measures to reduce investment and reduce service prices.State-owned oil service companies,which are closely linked to state-owned oil companies,had the greatest impact.The volume of business and service prices are significantly reduced,state-owned oil service companies face a crisis of survival.Due to the high oil price caused by the extensive management of the impact,coupled with the heavy burden of state-owned oil service companies,the current state-owned oil service companies have cost management concept of the existence of limitations,cost control focus is not prominent,and the cost of assessment is not strict and other cost management issues.The seriousness of these problems in the low oil prices is more prominent,affecting the state-owned oil service companies in the low oil prices under the level of efficiency.In this context,how to mining the space of reducing cost and enhance the efficiency on entire industry chain for the current life of oil service companies is essential,cost reduction is the basic way of oil service companies to get rid of the difficulties under low oil prices to survive.And it is the inevitable choice of state-owned oil service companies.This paper takes the state-owned oil service companies as the research object,on the basis of combing the cost management theory,the comprehensive budget management theory and the practical reference to the low oil price in foreign countries,on the basis of studying the existing problems of cost management of state-owned oil service companies,to take into such things account as principles,for example,take into account the current and long-term interests,combined with a comprehensive upgrade to the level of cost management and focus on management and combined with internal cost management and optimization of the external environment.At the same time,this paper is based on the analysis of the current situation and problems of cost management in state-owned oil service companies,looking for breakthrough under low oil prices to strengthen the cost of state-owned oil service business.The impact of low oil prices on state-owned oil service companies and their cost management has two main aspects.First,it highlights the original cost management problem.Second,low oil prices have caused a contradiction between high fixed costs(labor and depreciation costs)and low efficiency.Therefore,the study of cost management of state-owned oil service companies in low oil prices is mainly carried out from two aspects.Improve the cost management system of oil service companies and take targeted cost control measures on the key projects.In view of the problems of the extensive cost management and the limitations of cost management philosophy,we take three aspects of the cost management strategy to improve the cost management system.Optimize budget operation mode in advance,establish early warning mechanism during the cost control process,and strengthen the analysis of cost management afterwards.In view of the problems of cost control focus is not prominent,rigidity cost control is difficult and the contradictions between high labor costs and depreciation costs and low efficiency,we take two aspects of the cost management strategy.Establish the "double control" management system of costs and the amount of labor.And cooperative management of asset depreciation costs.For the cost of state-owned enterprises is not strict cost assessment,we perfect the cost assessment system and assessment index system.Increase the assessment indicators of key projects in low oil prices.Finally,this paper simulates the application of cost control in state-owned enterprises with low oil prices,and put forward four aspects of the proposed safeguards: management system protection,employee concept protection,information technology protection and increase business training efforts.