Petroleum Services Association of Canada 1991 well cost study

8 Pages·1991·1.5 MB·English

by  Winterhawk Petroleum Consulting Services Ltd

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ECONOMIC DEVELOPMENT
AND TRADE
Investment

PETROLEUM SERVICES ASSOCIATION OF CANADA (PSAC)
1991 WELL COST STUDY
With the Petroleum Resource Industry being in the midst of a d oldrum various
excellent opportunities exist. Amongst them are direct investment in drilling and
exploration programs or the lower risk option of drilling funds. As an investor or on
behalf of your clients, you will find the annual "Well Cost Study" an informative tool
in the evaluation of this sector of the Petroleum Resource Industry.
The 1991 Well Cost Study commissioned by the Petroleum Service Association of
Canada (PSAC) is p riced to reflect the current cost of obtaining a consulting engineer
for one day. In addition, the Study provides peripheral information on the value of
goods and services provided by other sectors of the economy to this strategic industry.
To obtain a copy of the Study please complete the order form on the reverse. If y ou
have any questions pertaining to the Study or the Industry in general contacts and
phone numbers are listed on the reverse.

PETROLEUM SERVICES ASSOCIATION OF CANADA (PSAC)
1991 WELL COST STUDY
The 1991 edition of the annual PSAC Well Cost Study is now available. The
study analyzes 24 cost categories for 33 typical oil and gas wells in 12
geographic areas of Western Canada.
This year’s study incorporates the latest trends in the drilling and
completion of wells. Three areas have been highlighted to reflect the growing
use of horizontal drilling techniques.
Due to the ongoing changes in the area of drilling activity, many of the
previous years wells have been replaced. This study also reflects the growing
costs associated with the increasing concerns for the environment and safety.
Enhanced printing and graphics presentation will make the study easier to
follow and a valuable tool in your analysis of this sector of the industry.
For more information and to order by fax contact Grant Blakely at (403) 299-
4500 or Fax (403) 299-4599. To order the 1991 Well Cost Study, complete and
return this form by Fax to (403) 263-3796 or contact PSAC at (403) 264-4195.
ORDER FORM
To: PETROLEUM SERVICES ASSOCIATION OF CANADA
#800, 540 - 5TH AVENUE S. W.
CALGARY, ALBERTA, CANADA
T2P 0M2
PLEASE SEND ME
COPIES 0 $350.00(CDN) = TOTAL $.
(CANADIAN ORDERS ONLY) GST $.
TOTAL $.
PLEASE INVOICE CHEQUE ENCLOSED
YOUR NAME:
COMPANY NAME:
ADDRESS:
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