RI 2530 Lifting Costs At Oil Well Properties.

This report presents a comprehensive tabulation of lifting cost data collected from oil companies in many different fields. These data were collected during the writer's studies of surface equipment and methods of pumping oil wells, in practically all of the important oil fields in the United States and are based on average operating conditions at 57 groups of properties with a total of 4,497 producing wells. Although lifting cost is only a part of the total cost of producing oil, it nevertheless gives a representative cost figure for purposes of comparison.