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Production cost breakdown of one barrel of oil in the top oil producing nations 2015

Average cost to produce one barrel of oil in top oil producing countries worldwide in 2015

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Sources

Release date

November 2015

Region

Worldwide

Survey time period

as of November 23, 2015

Supplementary notes

The data was compiled using data from more than 15,000 oil fields across 20 countries. The production costs were calculated by including a mix of capital expenditures and operational expenditures. Capital expenditures included the costs involved with building oil facilities, pipelines and new wells. Operational expenditures included the costs of lifting oil out of the ground, paying employee salaries and general administrative duties.
The capital expenditure and operational expenditure figures may not add up to the total cost figures due to rounding.

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Statistics on "Oil industry in Canada"

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