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BP » Topics » Development expenditure

This excerpt taken from the BP 20-F filed Mar 4, 2008.
Development expenditure
Expenditure on the construction, installation or completion of infrastructure facilities such as platforms, pipelines and the drilling of development wells, including unsuccessful development or delineation wells, is capitalized within property, plant and equipment and is depreciated from the commencement of production as described below in the accounting policy for Property, plant and equipment.

This excerpt taken from the BP 6-K filed Mar 13, 2006.
Development expenditure Expenditure on the construction, installation or completion of infrastructure facilities such as platforms, pipelines and the drilling of development wells, including unsuccessful development or delineation wells, is capitalized within property, plant and equipment.

 

EXCERPTS ON THIS PAGE:

20-F
Mar 4, 2008
6-K
Mar 13, 2006

RELATED TOPICS for BP:

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