percentage depletion

Also found in: Financial

0.01 sec.

percentage depletion [pər′sen·tij di′plē·shən]

(petroleum engineering)

Oil- or gas-reservoir depletion allowance calculated on the basis of unit sales and initial depletable leasehold cost.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback

Mentioned in	?		References in periodicals archive	?		Encyclopedia browser	?		Full browser	?
No references found			Although there are two available methods of depletion, cost depletion and percentage depletion, generally oil and gas operations may use only the cost depletion method (Regs. Tax consequences of the rush for natural gas in the Appalachians by Russo, Charles J.; Staley, A. Blair / The Tax Adviser 100% net income limitation for percentage depletion from marginal wells was suspended for an additional two years to include taxable years beginning in 2002 and 2003. An overview of federal taxation enacted in 2002. (New York Liberty ... by Chakarun, Michael / The National Public Accountant Excess of percentage depletion over the adjusted basis of the property is deductible. The AMT trap by Kern, Beth B. / Journal of Accountancy			peraluminous Peramelidae Peranakan Perazim perazine perbenzoic acid perbituminous Percale percaline Percarina Percé Rock perceived noise decibel perceived noise level Percent percent compaction percent defective percent distortion percent fines percent make percent modulation percent saturation percent sign percent voids percentage percentage agreement percentage depletion percentage depth dose percentage differential relay percentage distribution percentage extraction percentage fee percentage humidity percentage log percentage map percentage modulation percentage reinforcement percentage rental percentage ripple percentage subsidence percentage support percentage void percentile percept Perception Perceptional Adaptive Subband Coding Perceptron perceptual audio coding perceptual constancy perceptual overload Perceval Perceval, Spencer			Percent Retail Product Percent return Percent return Percent return percent saturation percent sign percent sign percent solution percent systole Percent Time Off Cardioplegia Percent Time Operable Percent Time-Spent-Following Percent to double Percent to Quota percent voids Percent within Limits Percent/age percentage percentage percentage Percentage above Canopy Light Percentage Absolute Prediction Error Percentage Accepted Mutation Percentage agreement Percentage By-Weight Acrylate Percentage Change, Year Ago percentage clearance percentage compensation Percentage Correctly Classified percentage depletion percentage depth dose percentage depth dose percentage depth dose percentage depth dose percentage depth dose percentage differential relay percentage distribution Percentage Effort Ratio percentage equity percentage equity percentage equity percentage equity percentage equity Percentage Error Second Percentage Exit Thickness Dose percentage extraction percentage fee Percentage financial statement Percentage Financial Statements Percentage for Art percentage humidity Percentage Increment Point Percentage Lease Percentage Lease percentage log percentage map Percentage Maximal Relaxation percentage modulation Percentage of Absolute Cerebral Metabolic Reduction Percentage of Base

Encyclopedia

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.