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To: not_prudent who wrote (136082)6/24/2010 11:17:13 AM
From: CommanderCricket  Read Replies (1) | Respond to of 206326
 
prudent,

Those are not marginal costs but all-in costs.

Somewhere around $100k per flowing bbl in capital costs to bring a new SAGD program to production.



To: not_prudent who wrote (136082)6/24/2010 1:55:11 PM
From: Tommaso  Respond to of 206326
 
>>>costs for developing new acreage<<<<

Operating costs for Syncrude are still under $40 a barrel.

I do not know enough about corporate accounting to add in debt service, depreciation, etc., which should be included along with operating costs. In any case, it's a very profitable operation and every increase in crude prices goes right to the bottom line.

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