Topical Terminology > Intangible Drilling And Development Costs (Idc)
Intangible drilling and development costs (IDC)
For Intangible drilling and development costs (IDC) we have a term and definition in Energy.
Intangible Drilling And Development Costs (Idc) (Energy) 
Costs incurred in preparing well locations, drilling and deepening wells, and preparing wells for initial production up through the point of installing control valves. None of these functions, because of their nature, have salvage value. Such costs would include labor, transportation, consumable supplies, drilling tool rentals, site clearance, and similar costs.
See more Energy Terms ...
Similar
Browse words that start with:
Browse All Terms by First Letter
Term Search
Looking for more topical resources?
> Feeds
> General Reference
> News Video
> Recipes
> Podcasts
> Tags
We currently have 172,616 terms and definitions across 1,105 topics.
This work is licensed under Creative Commons.
Design by NOWdesign
