Alternative oil - estimated costs of production 2011

This statistic shows the estimated production costs in U.S. dollars per barrel for alternative forms of oil. Costs of production for tight oil is estimated at 50 U.S. dollars per barrel.

Estimated production costs of alternative oil forms in 2011

Costs in U.S. dollars per barrel
Oil shale*100
Arctic offshore*100
Oil sands**65.5
Presalt deepwater***55
Tight oil50
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Source

Release date

April 2012

Region

Worldwide

Survey time period

2011

Supplementary notes

* It is more likely that costs will be over 100 U.S. dollars per barrel.
** This figure is a mean value. Costs of production for oil sands estimated at between 50 and 75 U.S. dollars per barrel.
*** This figure is a mean value. Costs of production for presalt deepwater oil estimated at between 45 and 65 U.S. dollars per barrel.

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Statistics on "The United Kingdom Continental Shelf (UKCS)"

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