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« /fcerra 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: CITY: PROV /STATE: POSTAL CODE: TELEPHONE: SIGNATURE: Digitized by the Internet Archive in 2017 with funding from University of Alberta Libraries https://archive.org/details/petroleumservice1991wint