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What are the Different Types of OCTG Pipes Used in the Oil and Gas Industry?

DIC Oil Tools

DIC all products are tested numerous times under technical guidance and are made from Premium quality material. When it comes to the production, exploration, and transportation of oil and gas resources, OCTG are an absolute necessity. These tubular products are built to withstand cruel conditions in the oil and gas industry.

Oil 52
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What are Tangible Drilling Costs?

Aresco

Tangible Drilling Costs (TDC) are expenses associated with the physical aspects of drilling for oil and natural gas. These costs are directly related to the actual drilling operations and typically represent a significant portion of the overall expenses in oil and gas exploration and production.

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Florida Investors and the Shift to Alternative Investments in Oil and Gas

Aresco

government offers a variety of tax incentives aimed at encouraging domestic energy production. These include deductions for Intangible Drilling Costs (IDCs) and Tangible Drilling Costs (TDCs). A sharp decline in oil prices can reduce the profitability of drilling projects, leading to lower returns or even losses for investors.

Oil 52
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The Challenges of DDR Data Entry and Cost Tracking in Oil & Gas Drilling

Oil Gas Leads

Accurate Daily Drilling Reports (DDR) are essential for optimizing drilling operations, tracking costs, and ensuring project efficiency. In this blog, well explore the most common pitfalls in DDR reporting and how companies can improve their data collection and cost tracking.

Oil 52