Sentences with phrase «drilling costs over»

You can make an election under IRC section 59 (e) to write off intangible drilling costs over 60 months for regular tax purposes, and eliminate an entry on this line.

Not exact matches

It wants a straight, perfectly positioned, well - drilled drain hole right down the identified sweet spot of the reservoir being targeted, one that, when completed, will yield the maximum amount of oil over its economic life at the lowest possible cost.

While the study does not prove that hydraulic fracturing actually causes these health problems, the authors say, the hospitalization increases observed over the relatively short time span of observation suggests that healthcare costs of hydraulic fracturing must be factored into the economic benefits of unconventional gas and oil drilling.

The cost of the instrument package was slashed from $ 2.6 million down to $ 0.4 million after the initial drilling went over budget.

A self - paced Princeton Review course (entirely online) that includes both SAT and ACT prep costs only $ 99 and includes 140 video tutorials, eight ACT Subject Tests, 24 full - length SATs and ACTs, 377 online drills and over 3,000 practice questions.

Which meant A$ 20 million cash up - front for Falcon, and more importantly, a 30 % stake in a carried, no - cost drilling programme for nine exploration & appraisal wells over the next five years.

A key element in the success of North American shale gas production has been combining cost - effective horizontal drilling, a technique developed over the last 30 years, with hydraulic fracturing, which has been practised since the 1940s.

Test wells in deep water cost over a million US smackers to drill.

By comparison, It costs over $ 2 billion to drill an oil well in the GOM, whether it comes a gusher or not.

Feeling rising pressure in the campaign over high gas prices (and the looming specter of extraordinary home heating costs this fall), he shifted his stance to considering some new offshore drilling if it was part of a comprehensive energy agreement including big investments and incentives for nonpolluting energy technologies.

While geothermal projects require significant up - front capital investments, especially for exploration, drilling, and power plant construction, the typically low operation cost — including zero expense for fuel — means that over their lifetimes geothermal power plants are often cost - competitive with fossil fuel or nuclear power plants.

Supply, cost, environmental consequences - these are among the central features of debate over energy policy in the U.S. Those who want to open up more areas to drilling - on land and offshore - and expand the use of fracking to extract natural gas from deep underground argue that we must reduce our dependence on foreign oil.

«Drillers fear that federal protections for more threatened and endangered animals could drive up their costs at a time when the industry is already battered by low oil prices, growing competition from renewable energy, and increasing attention from investors and regulators over the climate - altering impacts of fossil fuels,» DeSmog's Sharon Kelly wrote.

Incentives for oil and gas companies that drill in the Gulf of Mexico will cost the federal government at least $ 20 billion over the next 25 years, according to the draft of a Congressional report.

They are fed up with a bunch of white environmentalists and oppressed do - gooders running the country into ruin by ignoring the fundamentals of jobs, wage growth, and personal and family security in favor of reduced coal burning, reduced oil drilling, no oil pipelines, no fracking, endangered species over the human kind, and attempts to control the long - term climate at tremendous cost to the citizenry.

We estimate that an extended moratorium, which we now expect to continue because of Obama political calculus, will cost up to 200,000 higher - paying jobs in the oil drilling and oil service business and that the employment multiplier of 4.7 will put the total job loss at nearly 1 million permanent employment shrinkage occurring over the next few years.

«The past year has been tough because there's been a perfect storm of low [natural] gas prices versus cost, the costs of drilling have gone up significantly over the past two or three years, and the price of gas has come off.