Operating costs at the well level for natural gas wells in Alberta

This thesis examines the relationship between operating costs of natural gas production, and both quantity produced and remaining reserves. The focus is at the individual well level for wells in the Countess region of the Province of Alberta. The results support the theory that operating costs are rising with quantity produced, and decreasing in the level of remaining reserves. By looking at the components of operating costs, it is possible to see that some costs are better explained by quantity and reserves.