Insight
Australia's upstream costs deflate by 15%
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Report summary
Australian upstream costs have fallen by 15% since mid-2014, according to an industry survey by Wood Mackenzie. A combination of global and local factors – including lower oil prices, a falling Australian dollar and the end of the resources boom - is creating strong deflationary pressure, but will this be enough to make Australia's cost environment globally competitive?
Table of contents
-
Executive summary
- The industry speaks
- Capital Costs
-
Operating costs
- Reported opex cost deflation (last 12 months) by category
- Average opex cost deflation (last 12 months) by company type
- The cost deflation Australia needed?
Tables and charts
This report includes 4 images and tables including:
- Reported capital cost deflation (last 12 months) by category
- Average reported capital cost deflation (last 12 months) by company type
- Australia's upstream costs deflate by 15%: Image 3
- Australia's upstream costs deflate by 15%: Image 4
What's included
This report contains:
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