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Budget assumptions versus daily Brent spot prices and year-to-date (YTD) averages. Fiscal Year. 2022-23; 2021-22; 2020-21; 2019-20; 2018-19; 2017-18; 2016-17; Note: The daily Brent spot prices are the daily Brent closing spot prices from the U.S. Energy Information Administration
Sep 1, 2022 · Producing offshore projects average a break-even price of $18.10 per barrel of oil equivalent, compared with $28.20 per barrel for onshore, according to Rystad. Other companies bought into ...
Crude Oil Prices. The following is a listing of the department’s crude oil reports in PDF format. 2013.
Jul 9, 2021 · The company announced a $6.8 billion plan in 2018 to develop Bay du Nord but deferred the project last year thanks to COVID and the crash in oil prices. Barnes said he expects the company could make an announcement on Bay du Nord by early 2022.
Oct 1, 2018 · Oil prices today are much higher than forecast in the 2018 Newfoundland and Labrador budget — meaning a big boost to the bottom line — but that won't be the main factor in any tax...
Dec 12, 2023 · The maximum price of stove oil now sits between $1.26 and $1.44 per litre in Newfoundland. Prices in Labrador were not changed, remaining between $1.41 and $1.95 per litre. Gasoline, diesel and...
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Mar 11, 2020 · Heavy oil production from this project accounted for 43% of Newfoundland and Labrador’s production in 2019, up from 27% in 2018. Figure 1. Crude oil production trend for offshore Newfoundland and. Labrador from 2010 to the end of 2019. Source and Description.
