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Oil prices - production shut-ins and the cost curve

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Report summary

Analysis of our data for 2016indicates that at US$35/bbl 3.4 million b/d of oil costs more to produce than the revenues received. In practice there has been minimal production shut in so far in this downturn less than 100 000 b/d equivalent to 0.1% of global production.

What's included

This report contains

  • Document

    Woodmac production costs 2016.xls

    XLS 716.50 KB

  • Document

    Oil Prices - production shut ins and the cost curve

    PDF 431.29 KB

  • Document

    Oil Prices - production shut ins and the cost curve

    ZIP 773.27 KB

Table of contents

Tables and charts

This report includes 4 images and tables including:

Images

  • Full operating cash cost curve
  • Detailed (>50 mb/d) operating cash cost curve
  • Oil production and operating cash cost by resource theme
  • Oil production with operating cash cost more than $35/bbl by country

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