The Cost of Extraction of Oil by Different Methods

The following chart shows the extraction cost of oil by various methods:

Click to enlarge

Oil Extraction method and cost

Source: CIO View Special, Feb 2015, Deutsche Asset & Wealth Management

Middle East oil the cheapest while production in the Arctic Ocean is the most expensive.

Update (12/22/15):

Oil Production Cost Based on Extraction Method

Source: Oil and gas companies: the carbon risk, Schroders

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