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the deduction for intangible drilling costs in excess of the amount that would have been allowed if the costs were capitalized and amortized, with adjustments, otherwise tax exempt interest on bonds used to finance certain private activities, including mutual fund dividends from such interest, certain depreciation on pre-1987 assets,
The oil industry receives subsidies through the United States tax code, which include Percentage Depletion Allowance, [35] Domestic Manufacturing Tax Deduction, the Foreign Tax Credit and Expensing Intangible Drilling Costs. It is estimated that these tax deductions are worth $4 billion annually and are currently being debated by the government ...
DD – directional driller or directional drilling; DDC – daily drilling cost; DDC – de-watering and drying contract; DDBHC – DDBHC waveform log [clarification needed] DDET – depth determination log; DDM – derrick drilling machine (a.k.a. top drive) DDNL – dual det. neutron life log; DDPT – drill data plot log; DDPU – double ...
Halliburton (NYS: HAL) carries $2.0 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road. Could ...
I've followed oil and gas producers for a long time, which has yielded three timeless, deceptively simple lessons. One: Asset intensive, cyclical businesses with huge operating leverage and fat ...
Denbury Resources (NYS: DNR) carries $1.2 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
The Business Energy Investment Tax Credit (ITC) is a U.S. federal corporate tax credit that is applicable to commercial, industrial, utility, and agricultural sectors. . Eligible technologies for the ITC are solar water heat, solar space heat, solar thermal electric, solar thermal process heat, photovoltaics, wind, biomass, geothermal electric, fuel cells, geothermal heat pumps, CHP ...
Intangible drilling costs, an oil and gas industry term "I don't care", in Internet/chat slang This page was last edited on 3 November 2024, at 04:48 (UTC). ...