Definition of Intangible Drilling Cost (IDC)

Costs for an oil and gas program that are expensed in the year in which they are incurred for such things as wages, surveys, and well casings.

Applying "Intangible Drilling Cost (IDC)" to Securities Exams:

Preparing for an Exam?

Receive 15% off all your Securities Exam Prep materials

Please wait....

Your Cart