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Oil Gas
IRM
68
Accounting
Graduate
10/08/2012
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Term
research of lease location
 Definition
capital expense - amort
Term
G&G
 Definition
capital expense - amort
Term
lease expense
 Definition
capital expense - amort
Term
legal fees obtain access to prop
 Definition
capital expense - amort
Term
lease bonus paid
 Definition
capital expense - amort
Term
core hole wells
 Definition
capital expense - amort
Term
seismic work
 Definition
capital expense - amort
Term
legal fees drafting K
 Definition
capital expense - amort
Term
travel expenses
 Definition
capital expense - amort
Term
salaries of land department in acquire lease
 Definition
capital expense - amort
Term
equalization pmts
 Definition
capital expense - amort
Term
bottom hole contribution
 Definition
capital expense - amort
Term
IDC if no election to expense
 Definition
capital expense - amort
Term
delay rental unless establish lease not develop
 Definition
capital expense - amort
Term
remain basis in equipment transfer
 Definition
capital expense - amort
Term
admin costs assoc with drilling
 Definition
current or capitalized
Term
survey & seismic locate on property
 Definition
current or capitalized
Term
costs of drilling
 Definition
current or capitalized
Term
grading, mud, dirt work
 Definition
current or capitalized
Term
costs of roads
 Definition
current or capitalized
Term
surface damage
 Definition
current or capitalized
Term
crop damage pmts
 Definition
current or capitalized
Term
costs of setting rig
 Definition
current or capitalized
Term
costs moving rig
 Definition
current or capitalized
Term
tech services
 Definition
current or capitalized
Term
drilling mud, fluids drilling well
 Definition
current or capitalized
Term
transport of drill pipe
 Definition
current or capitalized
Term
cementing of casing
 Definition
current or capitalized
Term
rent of equipment
 Definition
current or capitalized
Term
perforating the well casing
 Definition
current or capitalized
Term
logging costs
 Definition
current or capitalized
Term
costs of removing rig
 Definition
current or capitalized
Term
dirt work clean drill site
 Definition
current or capitalized
Term
cost of acidizing
 Definition
current or capitalized
Term
swabbing
 Definition
current or capitalized
Term
obtain oper agreement for drilling
 Definition
current or capitalized
Term
costs of plugging well
 Definition
current or capitalized
Term
cost of drill stem
 Definition
current or capitalized
Term
surface casing
 Definition
capital expense - amort
Term
equalization pmts
 Definition
capital expense - amort
Term
cost of well casing
 Definition
capital expense - amort
Term
salt water disposal
 Definition
capital expense - amort
Term
tranport of tubing to supply yard
 Definition
capital expense - amort
Term
production tubing
 Definition
capital expense - amort
Term
cost of well head "Christmas Tree"
 Definition
capital expense - amort
Term
pumps & motors
 Definition
capital expense - amort
Term
tanks, flow lines
 Definition
capital expense - amort
Term
dirt work for tanks
 Definition
capital expense - amort
Term
roads constructed for production
 Definition
capital expense - amort
Term
laying pipelines
 Definition
capital expense - amort
Term
install costs of tanks and prod equip
 Definition
capital expense - amort
Term
construction costs of trucks
 Definition
capital expense - amort
Term
cost of switcher or pumper to operate wells
 Definition
current deduction
Term
cost of minor repairs
 Definition
current deduction
Term
grading existing roads
 Definition
current deduction
Term
treat-o-lite or other materials consumed in operating lease
 Definition
current deduction
Term
pulling sucker rods
 Definition
current deduction
Term
utilities
 Definition
current deduction
Term
taxes other than fed
 Definition
current deduction
Term
depriciation of equip
 Definition
current deduction
Term
renal of lease equip
 Definition
current deduction
Term
salaries for painting and cleangin
 Definition
current deduction
Term
lease signs
 Definition
current deduction
Term
saleries of oper personel
 Definition
current deduction
Term
IDC when expensed under 263
 Definition
current deduction
Term
overhead costs
 Definition
current deduction
Term
tertiary injectant
 Definition
current deduction
Term
 Definition
current deduction
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