Upstream Building, Operating Costs Match Record High in '12

摘要

Building and operating costs at upstream oil and gas facilities continued to increase during 2012, albeit at a slower pace, and matched earlier highs, IHS says. According to the company, its Upstream Capital Cost Index (UCCI) rose 1.0 percent from the first quarter of 2012 to the third quarter, increasing to an index score of 230, which matches the high recorded in the third quarter 2008.