Insight
Canada cost inflation: the effect and response
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Cost inflation is a hot topic at the moment. In Q1 2022 earning Canadian E&P’s addressed their exposure and response. A general trend of 10-15% cost inflation was seen but this varied across resource theme and operator experience varied greatly. Some operators maintained guidance and mitigated pressures while others increased guidance to compensate. We break down the data companies shared for both capital and operating cost pressures and add our analysis of which factors helped some E&Ps keep a control on it.
Table of contents
- Executive Summary
- The facts
- Operator's response
- Our take
- What about operating costs?
- Specific company Q1 2022 cost inflation remarks
Tables and charts
This report includes the following images and tables:
- Company production compared to 2022 capital inflation rise
- Percentage of oil sands operating costs coming from energy/fuel
What's included
This report contains:
Other reports you may be interested in
Insight
US upstream in brief: Chevron and ExxonMobil quarterly Permian update
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary WoodMac views.
$1,350
Asset Report
Bur zinc mine project
A detailed analysis of the Bur zinc mine project.
$2,250
Asset Report
Hope Brook (Closed) gold mine
A detailed analysis of the Hope Brook (Closed) gold mine.
$2,250
