Intangible Drilling Costs - IDC — Costs to develop an oil or gas well for the elements that are not a part of the final operating well. Intangible drilling costs (IDCs) include all expenses made by an operator incidental to and necessary in the drilling and preparation of wells… … Investment dictionary
intangible drilling costs — Costs incurred incident to and necessary for the drilling and preparation of oil or gas wells for production that have no salvage value. Under I.R.C. No. 263, such costs may be deducted in the year paid rather than capitalized and depreciated … Black's law dictionary
intangible drilling costs — Costs incurred incident to and necessary for the drilling and preparation of oil or gas wells for production that have no salvage value. Under I.R.C. No. 263, such costs may be deducted in the year paid rather than capitalized and depreciated … Black's law dictionary
Drilling engineering — is a subset of petroleum engineering. Drilling engineers design and implement procedures to drill wells as safely and economically as possible. They work closely with the drilling contractor, service contractors, and compliance personnel, as well … Wikipedia
Drilling fluid — This article is about fluids used when drilling a well. For fluids used with drill bits during metal working, see cutting fluid. Driller pouring a foaming agent down the rod string on a drilling rig In geotechnical engineering, drilling fluid is… … Wikipedia
Drilling mud — In geotechnical engineering, drilling mud, also known as spud mud (when beginning the drilling process), is a drilling fluid used to drill boreholes into the earth. Often used while drilling oil and natural gas wells and on exploration drilling… … Wikipedia
Drilling rig — For a detailed diagram of a Petroleum drilling rig, see List of components of oil drilling rigs. Drilling rig preparing rock blasting … Wikipedia
Drilling arrangement — A contractual agreement under which a working interest owner (assignor) assigns a part of a working interest in a property to another party (the assignee) in exchange for which the assignee agrees to develop the property. The term may also be… … Energy terms
Development costs — Costs incurred to obtain access to proved reserves and to provide facilities for extracting, treating, gathering, and storing the oil and gas. More specifically, development costs, depreciation and applicable operating costs of support… … Energy terms
Diamond drilling porcelain — Porcelain tiles are growing in popularity in both the domestic and commercial markets. Producers are now able to replicate a range of natural stones, finishes and designs but with the additional benefit of being durable, strong and easy to clean … Wikipedia
Directional drilling — A horizontal directional drill in operation Directional drilling (or slant drilling) is the practice of drilling non vertical wells. It can be broken down into three main groups: Oilfield Directional Drilling, Utility Installation Directional… … Wikipedia