Insight

Oil sands investment and cost trends: shedding the high cost stereotype?

Get this report*

$1,350

You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

The oil sands region has seen some of the largest reductions in US$ operating costs per barrel since the oil price fall. 2017 operating costs have reduced by 23% compared to our Q4 2014 outlook. Reductions in workforce labour, lower fuel gas prices and increased utilization have driven savings from 2014 - 17. Going forward, further reductions in operating costs are expected to be minimal. Several projects with significant amounts of sunk capital that were delayed in early 2015 have been re-sanctioned. The next wave of FID's will require higher oil prices, but operators have made significant strides in making new oil sands projects competitive at US$60 WTI.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Oil sands investment and cost trends.pdf

    PDF 1.33 MB