Cost of playing in the oil sands

摘要

In its latest analysis of Canada's oil sands assets.Wood Mackenzie finds that capital costs per peak flowing barrel have increased by some 55% since the beginning of 2005,putting pressure on returns on investment in an area where project economics are already considered relatively marginal.In a report entitled The Cost of Playing in the Oil Sands,the analyst discusses the challenges of operating commercial oil sands projects in Canada,including land costs,spiralling production costs,the fine balance of return on investment and labour shortages in the industry.