Iraq - News, Trends, Iraq Links
Tar sands oil could cost more than 50 $ a bbl
While oil extraction costs from places like S Arabia and Iraq are something like 5 $ per barrel owing to the easy geology, for Canadian tar sands it could be an exotic 50$ per bbl
Tags : oil production cost tar sands saudi arabia
Topics : Oil Oil and Gas Finance
Iraq's Oil Extraction Cost is Cheapest
Along with Saudi Arabia, Iraq is one of the cheapest countries to extract oil from, costing as little as $4-$5 per barrel thanks to the easy geology and high flow rates. That is a long way from more exotic endeavours such as Canada’s tar sands, where extraction can cost $50 a barrel or more. - Read More
Tags : oil oil production cost saudi arabia
Topics : Oil Oil and Gas Finance
Iraq's oil reserves
Iraq sits atop a sea of 115 billion barrels of oil, the largest reserves in the world after Saudi Arabia and Iran...no wonder, the oil majors are itching to "invade" Iraq - Read More
Tags : oil reserves middle east oil
Topics : Oil Oil and Gas