OT20202 - Corporation tax general: overview of the main types of costs incurred in oil exploration and production - introduction

»Ê¹ÚÌåÓýappre are three broad stages in the cycle of the development and exploitation of an oil bearing area. »Ê¹ÚÌåÓýappse are

  1. Exploration
  2. Production
  3. Decommissioning and abandonment