Ocean Rig UDW (FRA:9ORN) Buildings And Improvements : €0.0 Mil (As of Sep. 2018)

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What is Ocean Rig UDW Buildings And Improvements?

Ocean Rig UDW Buildings And Improvements Historical Data

The historical data trend for Ocean Rig UDW's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ocean Rig UDW Buildings And Improvements Chart

Ocean Rig UDW Annual Data

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Buildings And Improvements

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Ocean Rig UDW Quarterly Data
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Ocean Rig UDW Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Ocean Rig UDW (FRA:9ORN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ocean Rig UDW Inc (FRA:9ORN) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

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Address

Website

http://www.ocean-rig.com

Ocean Rig UDW Inc is an international offshore drilling contractor. It provides oilfield services for offshore oil and gas exploration, development and production drilling and specializing in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. The company employs drilling units primarily on a day rate basis for periods of between two months and six years to drill wells for its customers, typically major oil companies, integrated oil and gas companies, state-owned national oil companies and independent oil and gas companies.

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