Remove Casing Remove Drilling rig Remove Finance
article thumbnail

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

Aresco

Tangible Drilling Costs (TDCs) , on the other hand, are associated with the purchase of equipment and have salvage value, like the drilling rig and wellhead. In addition to its tax advantages, Florida boasts a strong and diversified economy, bolstered by sectors such as tourism, real estate, finance, and healthcare.

Oil 52