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What are Intangible Drilling Costs?

Aresco

In this blog, well break down what IDCs are, provide real-world examples, explore their tax treatment, and discuss how excess IDCs could affect your tax strategy. These costs encompass various non-physical expenses incurred during the exploration and drilling of oil and gas wells. Consulting and Professional Services 3.

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Movers and Shakers

Permian Basin Oil and Gas Magazine

24 that Clay Neff, its President/International Exploration and Production, was named President/Upstream, effective July 1. Bruce Niemeyer , then President/Americas Exploration and Production, was named President/Shale and Tight, effective July 1. Gilfillian * Neff Niemeyer Chevron Corporation announced on Feb.