00000nam 2200000za 4500 9.831541 CaOODSP 20221107145757 cr ||||||||||| 170131s2000 onc |o f|0| 0 eng d CaOODSP eng n-cn--- CS26-0002/2000E-PDF Baldwin, Andy. A hedonic cost study of well drilling and completion costs in Western Canada [electronic resource] / by Andy Baldwin. [Ottawa] : [Statistics Canada], [2000]. Digitized edition from print [produced by Statistics Canada]. "Exploratory and development drilling constitutes an important component of expenditures on non-residential construction in Canada, and particularly in Western Canada, where the majority of activity is located. Therefore, it is important that changes in drilling costs be measured precisely so that changes in the volume of activity can be distinguished from changes in spending due to cost pressures. This paper uses the Well Cost Studies for 1994 and 1995 to perform hedonic cost regressions for Western Canada over this period. It was found that drilling costs increase disproportionately with depth, although the hypothesis that drilling costs increase proportionately with depth could not be rejected. Sour wells are significantly more expensive to drill than sweet wells. The northern part of B.C. and Alberta and the foothills region were found to be the most expensive areas to drill in, southwestern Saskatchewan the least expensive."--p. 1. gccst Drilling gccst Costs Canada. Statistics Canada. Input-Output Division. PDF 1.88 MB https://publications.gc.ca/collections/collection_2017/statcan/CS26-0002-2000-eng.pdf