The Resource A primer on domestic oil and gas, part I : geological and geophysical costs

A primer on domestic oil and gas, part I : geological and geophysical costs

Label
A primer on domestic oil and gas, part I : geological and geophysical costs
Title
A primer on domestic oil and gas, part I : geological and geophysical costs
Creator
Subject
Language
eng
Summary
This article is the first in a four-part series examining the tax treatment of two kinds of costs pertaining to domestic oil and gas extraction: geological and geophysical (G & G) costs and intangible drilling and development costs (IDC). All large oil and gas operators and many medium-sized ones maintain well-staffed and adequately budgeted G & G departments, the members of which devote their full time to testing oil and gas prospects. Smaller operators may employ independent G & G firms, on a fee basis, to perform this work for them. Oil companies can pay for and own G & G information or license desired G & G information from a person that owns it. The tax treatment of G & G costs has varied over time. This part focuses on the current treatment of domestic G & G costs
Citation source
In: Taxes - the tax magazine. - Chicago. - Vol. 90 (2012),
http://library.link/vocab/creatorName
  • Griffith, C.R
  • Swiech, R.A
Geographic coverage
North America
Language note
English
http://library.link/vocab/subjectName
  • natural resources
  • amortization
  • exploration expenditure
  • drilling and development costs
Label
A primer on domestic oil and gas, part I : geological and geophysical costs
Instantiates
Publication
Label
A primer on domestic oil and gas, part I : geological and geophysical costs
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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