Intangible Drilling Costs Must Be Capitalized and Recovered Through Depletion

question 68

True/False

Intangible drilling costs must be capitalized and recovered through depletion.

---

Definitions:

Biological

Pertaining to the science of life or living organisms and their processes.

Behavioral

Pertaining to actions or reactions of individuals in response to external or internal stimuli.

Chronic Diseases

Long-lasting conditions that typically can be controlled but not cured, often leading to ongoing health issues and impacting quality of life.

Intellectual Wellness

A component of wellbeing focused on engaging in creative and mentally-stimulating activities, pursuing lifelong learning, and being open to new ideas.