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Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

oil and gas sector. Below, we analyze the latest data on oil and gas prices, production, labor market trends, and the housing sector. Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4. Natural gas prices also saw strong growth, with Henry Hub natural gas averaging $14.17

Basin 52
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What are Intangible Drilling Costs?

Aresco

Intangible Drilling Costs (IDCs) play a crucial role in oil and gas investments, offering significant tax advantages that can enhance profitability for investors. Intangible Drilling Costs (IDC) are a critical element of the financial landscape in the oil and gas industry. Consulting and Professional Services 3.