Post by
ztransforms173 on Nov 27, 2023 10:22pm
MEG Chistina Lake SAGD Site Is EXTREMELY CAPITAL EFFICIENT
- a CAPEX of ONLY $ 300 million to INCREASE BOP by 15,000 bbls/d {over 3 years} meaning that the PER UNIT COST is ONLY
$ 20,000 PER FLOWING BOP BARREL
- a SUSTAINING CAPEX of ONLY $ 11.71 per barrel per year based on the MID-POINT BOP of 105,000 bbls/d in 2024 and the LOWEST OPERATING COSTS in the Canadian crude oil industry
* this is UNDER HIGH SERVICE COST INFLATION (+15% YOY) and reports of SKILLED LABOR SHORTAGES
z173