Income-tax considerations related to the classification of carbon dioxide tertiary recovery project source well drilling and development costs

Journal Article · Sat Sep 01 00:00:00 EDT 1984 · Oil Gas Tax Q.; (United States)

OSTI ID:6005621

Morris, J R

There are a number of income tax considerations and planning alternatives for obtaining the maximum income tax benefits available to taxpayers who incur significant costs in drilling domestic carbon dioxide (CO/sub 2/) source wells in connection with tertiary recovery projects. These include deductions for mining exploration expenditures and mining development expenditures. 16 references.

• Research Organization: Arthur Young and Co., Dallas, TX
• OSTI ID: 6005621
• Journal Information: Oil Gas Tax Q.; (United States), Vol. 33:1
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
03 NATURAL GAS
29 ENERGY PLANNING
POLICY AND ECONOMY
CARBON DIOXIDE
WELL DRILLING
NATURAL GAS WELLS
ENHANCED RECOVERY
OIL WELLS
TAXES
ECONOMIC POLICY
EXPENDITURES
LEGAL ASPECTS
CARBON COMPOUNDS
CARBON OXIDES
CHALCOGENIDES
DRILLING
GOVERNMENT POLICIES
OXIDES
OXYGEN COMPOUNDS
RECOVERY
WELLS
020300* - Petroleum- Drilling & Production
030900 - Natural Gas- Artificial Stimulation
Plowshare- (-1989)
294002 - Energy Planning & Policy- Petroleum
294003 - Energy Planning & Policy- Natural Gas