Heavy oil production costs
The same cannot be said for heavy oil and bitumen production, as open pit mining is demonstrating cost escalation and resource base depletion, while in situ Because the crude oil industry has developed hardly at all in recent years due to a lack of investment capital for discovery, extraction and further processing, global 21 May 2019 U.S. oil production is expected to surge to new records through the rest of this year and into 2020 with healthier crude prices and the cost of