uae oil production cost per barrel
The production cost of a barrel of shale oil ranges from as high as US$95 per barrel to as low US$25 per barrel, although there is no recent confirmation of the latter figure. m 3 /d) of oil in late 2007), stating that the first-generation facility is the hardest, both technically and economically. According to the United States Department of Energy, in 1980s the costs of a 100,000 barrels per day (16,000 m 3 /d) ex-situ processing complex ranged from $8â12 billion at 2005 prices.