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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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Forum Shopping Curtailed: Venue Limited to Parish Where Drilling Rig Was Lost

The Energy Law

In D&D Drilling & Exploration, Inc. XTO Energy, Inc. , D&D Drilling & Exploration, Inc. (“D&D”) D&D”) filed suit in the Seventh Judicial District Court of Concordia Parish against XTO Energy, Inc. (“XTO”),