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Period end amount of oil and gas properties work in progress under successful effort method.

No definition available.

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- References

No definition available.

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The expense recorded to reduce the value of oil and gas assets consisting of proved properties and unproved properties as the estimate of future successful production from these properties is reduced.

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Amount of interest capitalized during the period.

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Amount of accumulated depreciation, depletion and amortization of oil and gas property carried under the successful effort method. Oil and gas property include, but not limited to, the entity's wells and related equipment and facilities.

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Oil and Gas properties, gross, carried under the successful effort method.

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Oil and gas properties net of accumulated depreciation, depletion, amortization, impairment, and abandonment, carried under the successful effort method.

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Oil and Gas properties with proved reserves under the successful effort method.

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Oil and Gas properties with unproved reserves under the successful effort method.

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