[thackney]

I am sorry but you don’t begin to understand the industry if you think you captured even half the cost including your “overestimations”.

[Errant]

Is this the same thackney?

Posted on Thursday, January 12, 2012 2:19:03 PM by thackney

On average, it costs ConocoPhillips $15.48 to produce a barrel of oil in Alaska compared to $12.32 per barrel in Canada, $10.24 per barrel in the Lower 48 and $10.15 per barrel in the North Sea. The company’s production in the Middle East costs $6.98 per barrel, Kah said.

{Alaskan North} Slope producers lay out scenario with proposed oil changes ALASKA JOURNAL OF COMMERCE ^ | Jan 12, 2012 | TIM BRADNER

Like I commented, $86 dollars a barrel seems a tad high for Bakken oil.

From the article: The North Dakota Industrial Commission, Department of Mineral Resources, has released a new and higher average cost for drilling and completing Bakken wells in North Dakota.