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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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What It’s Like To Work On An Offshore Oil Rig

Drillers

An oil platform operates around the clock, and while the work is divided in shifts, these shifts are long, so you would need to be able to last for 12 hours straight and even more than that if you are just beginning. Several years of work as a roughneck are enough to pass to the next level, which is that of derrick hand, or derrickman.