Online Drilling Costs Tutorial
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From Human Resource & Organisational Development Consultancy (HRODC) Postgraduate Training Institute
On-Line Postgraduate Programme In Advanced Oil and Gas Accounting 1
...tents, Concepts and Issues
- Income tax accounting for drilling costs
- IDC vs. Equipment
- Intangible Drilling Costs (IDC)
(1) Up to an including the installation of Christmas Tree
* Prior to Drilling
i. G & G
ii. Preparation of Site
* During Drilling
i. Drilling contractora s charges
ii. Drilling mud, chemicals, cement, supplies
iii. Fuel
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On-Line Postgraduate Programme In Advanced Oil and Gas Accounting 1
On-Line Postgraduate Programme In Oil And Gas Accounting
...orking interest
- Distinguish between Non-drilling and Drilling Costs
- Appropriately apportion costs to non-drilling and drilling operations, respectively
- Explain the basic principles of Successful Efforts Accounting in Oil and Gas
- Demonstrate mastery of the concepts and issues associated with exploration and drilling operation
- Explain, with minor omissions, the
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