With the goal of encouraging more privately funded, domestic production of oil and natural gas, the United States Congress allows for tax incentives which benefit the participants of oil and natural gas drilling ventures. In effort to reduce the United States’ dependence on foreign sources of energy and to establish oil and gas as one of the most advantageous investments from a tax standpoint, Congress has incorporated several economic advantages and benefits for domestic investments into the Tax Code. Such tax advantages affect companies such… Read the rest

Continue Reading Domestic Oil and Natural Gas Tax Incentives

Tags: Oil Tax Incentives, Western Pipeline Corp, Western Pipeline Corporation

Kazakhstan’s Oil and Gas Upstream provides the most comprehensive and unique publicly available examination of the country’s exploration and production (E&P) sector, with focus on the upstream operators, projects and the drilling and workover activity.
Kazakhstan’s Oil and Gas Upstream is designed to serve as an indispensable practical support tool for strategic, investment, business development and marketing decision-making.
The study consists of the following parts:
1. Overview of Kazakhstan’s oil and gas industry including:

upstream

transportation and exports

downstream and legislation

2. Profiles of 48… Read the rest

Continue Reading Kazakhstans Oil And Gas Upstream 2008 Report Added In Visionshopsters

Tags: 2008, market research, upstream

The basic definition of an Independent Oil and Gas Company is a non-integrated company which receives nearly all of its revenues from production at the wellhead. They are exclusively in the exploration and production segment of the industry, with no downstream marketing or refining within their operations. The tax definition published by the IRS states that a firm is an Independent if its refining capacity is less than 50,000 barrels per day on any given day or their retail sales are less than $5 million… Read the rest

Continue Reading What is an Independent Oil and Gas Company?

Tags: Energy, Oil and Gas Companies, Triple Diamond Energy Corporation