Western Canada Resource Cost Curve
November 14, 2024
Western Canadian Oil and Lease Condensate resource cost curve estimating full cycle cost vs. resources for all major producing Western Canadian plays (conventional and Tight Oil) – excluding Oil Sands.
According to this resource curve Western Canada has 5.400 MMBbl with full cycle cost less than USD$50/Bbl and 16,000 MMBbl with full cycle cost at or below USD$60/Bbl.
Clearwater Oil Full Cycle Cost
November 2, 2024
Clearwater oil full cycle costs at West Texas Intermediate (WTI) equivalent range by initial productivity (IP) and cost component. Additional charts showing the full cycle cost curve, location map, and number of drilling locations by IP.
The Clearwater full-cycle costs range from about $43.00 USD/Bbl to $85.00 USD/Bbl, depending on the initial productivity of the well.
Alberta West Central Oil Full Cycle Cost
November 2, 2024
Alberta West Central oil full cycle costs at West Texas Intermediate (WTI) equivalent range by initial productivity (IP) and cost component. Additional charts showing the full cycle cost curve, location map, and number of drilling locations by IP.
The Alberta West Central full-cycle costs range from about $47.00 USD/Bbl to $121.00 USD/Bbl, depending on the initial productivity of the well.
Alberta North Oil Full Cycle Cost
November 2, 2024
Alberta North oil full cycle costs at West Texas Intermediate (WTI) equivalent range by initial productivity (IP) and cost component. Additional charts showing the full cycle cost curve, location map, and number of drilling locations by IP.
The Alberta North full-cycle costs range from about $41.00 USD/Bbl to $104.00 USD/Bbl, depending on the initial productivity of the well.
Alberta Central Oil Full Cycle Cost
November 3, 2024
Alberta Central oil full cycle costs at West Texas Intermediate (WTI) equivalent range by initial productivity (IP) and cost component. Additional charts showing the full cycle cost curve, location map, and number of drilling locations by IP.
The Alberta Central full-cycle costs range from about $39.00 USD/Bbl to $70.00 USD/Bbl, depending on the initial productivity of the well.
Alberta East Heavy Oil Full Cycle Cost
November 4, 2024
Alberta East Heavy oil full cycle costs at West Texas Intermediate (WTI) equivalent range by initial productivity (IP) and cost component. Additional charts showing the full cycle cost curve, location map, and number of drilling locations by IP.
The Alberta East Heavy full-cycle costs range from about $44.00 USD/Bbl to $87.00 USD/Bbl, depending on the initial productivity of the well.
Cardium Oil Full Cycle Cost
November 4, 2024
Cardium oil full cycle costs at West Texas Intermediate (WTI) equivalent range by initial productivity (IP) and cost component. Additional charts showing the full cycle cost curve, location map, and number of drilling locations by IP.
The Cardium full-cycle costs range from about $44.00 USD/Bbl to $89.00 USD/Bbl, depending on the initial productivity of the well.
Duvernay Oil Full Cycle Cost
November 4, 2024
Duvernay oil full cycle costs at West Texas Intermediate (WTI) equivalent range by initial productivity (IP) and cost component. Additional charts showing the full cycle cost curve, location map, and number of drilling locations by IP.
The Duvernay full-cycle costs range from about $55.00 USD/Bbl to $202.00 USD/Bbl, depending on the initial productivity of the well.
Montney Oil Full Cycle Cost
November 4, 2024
Montney oil full cycle costs at West Texas Intermediate (WTI) equivalent range by initial productivity (IP) and cost component. Additional charts showing the full cycle cost curve, location map, and number of drilling locations by IP.
The Montney full-cycle costs range from about $48.00 USD/Bbl to $142.00 USD/Bbl, depending on the initial productivity of the well.
Saskatchewan Oil Full Cycle Cost
November 4, 2024
Saskatchewan oil full cycle costs at West Texas Intermediate (WTI) equivalent range by initial productivity (IP) and cost component. Additional charts showing the full cycle cost curve, location map, and number of drilling locations by IP.
The Saskatchewan full-cycle costs range from about $47.00 USD/Bbl to $86.00 USD/Bbl, depending on the initial productivity of the well.