Insight
Canadian oil sands: SAGD project cost inflation
This report is currently unavailable
Report summary
Wood Mackenzie has developed a proprietary model which forecasts cost inflation specific to SAGD (Steam Assisted Gravity Drainage) operations in the Canadian Oil Sands. Our analysis shows that capex inflation will peak in 2014 at 5% annual increase before moderating in 2015. Opex inflation on the other hand will continue to be high, averaging a 6% year-on-year increase over the next five years. Strengthening gas prices and continued stress in the oil sands labour markets will impact...
Table of contents
- Executive Summary
-
Canadian SAGD project cost inflation
- SAGD project background
- SAGD capex and opex inflation
-
SAGD capex
- Capex weightings
-
SAGD opex
- Opex weightings
- Opex index and forecast
-
SAGD economics and inflation sensitivity
- Base case economics
- Inflation sensitivity
- Implications for operators
- Appendix
Tables and charts
This report includes 15 images and tables including:
- Assumptions for generic SAGD project
- Assumptions for High/Low inflation scenarios
- Canadian oil sands production
- SAGD capex category weightings
- Canadian oil sands: SAGD project cost inflation: Table 1
- SAGD Capex Index (100 = 2000)
- SAGD Capex Index
- SAGD opex category weightings
- Opex sub-indices and weightings
- Labour inflation
- Gas price inflation
- SAGD Opex Index (100 = 2000)
- SAGD Opex Index
- Generic SAGD project valuations
- SAGD project economics inflation sensitivity
What's included
This report contains:
Other reports you may be interested in
Asset Report
Suncor SAGD Project (Firebag)
Suncor holds a number of leases near its mining operation that are being developed using Steam Assisted Gravity Drainage (SAGD), known ...
$3,100
Insight
Canada oil sands: carrying momentum through Q4 2023
Canadian oil sands producers continued its streak of high operational performance in Q4 2023 despite weaker price realisations
$1,350
Asset Report
Bur zinc mine project
A detailed analysis of the Bur zinc mine project.
$2,250
