RE:Goldman forecast oil to hit 80If this happens then WCE will make huge profits with its actual low average production cost. I found that looking at Operating Expense from 2017 Q1 - 2020 Q3 that on average the Operating Expense is 30 CAD per BOE, taking into account production volume. I have an overview on the next page. It will be higher when I include royalties but also lower without workovers expenses. And they did a lot of workovers until now which have to be added in the books at the moment they receive the bill. Production will probably be close to 100 BOED now With an average fixed 700k yearly depletion and G&A we have blue skies here!