Vantage Drilling International (Vantage Drilling International) Construction In Progress : $4.8 Mil (As of Jun. 2023)

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What is Vantage Drilling International Construction In Progress?

Vantage Drilling International's quarterly construction in progress declined from Dec. 2022 ($4.1 Mil) to Mar. 2023 ($0.0 Mil) but then increased from Mar. 2023 ($0.0 Mil) to Jun. 2023 ($4.8 Mil).

Vantage Drilling International's annual construction in progress declined from Dec. 2020 ($0.6 Mil) to Dec. 2021 ($0.1 Mil) but then increased from Dec. 2021 ($0.1 Mil) to Dec. 2022 ($4.1 Mil).

Vantage Drilling International Construction In Progress Historical Data

The historical data trend for Vantage Drilling International's Construction In Progress 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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Vantage Drilling International Construction In Progress Chart

Vantage Drilling International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Construction In Progress

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13.97

19.99

0.56

0.15

4.08

Vantage Drilling International Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Construction In Progress	Get a 7-Day Free Trial															-	-	4.08	-	4.83

Vantage Drilling International Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Vantage Drilling International (Vantage Drilling International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vantage Drilling International Ltd (OTCPK:VTDRF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Vantage Energy Services, Inc., 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056

Website

https://www.vantagedrilling.com

Vantage Drilling International is an offshore drilling contractor. It operates and manages a fleet of drilling units. Its principal business is to contract drilling units, related equipment, and work crews on a day rate basis to drill oil and natural gas wells. Its rig fleet consists of ultra-deep-water drillships, including Platinum Explorer and Tungsten Explorer; and Jackups, including Topaz Driller and Soehanah. The company's geographical segments includes Drilling Services and Managed Services. It operates in Cayman Islands, Montenegro, Qatar, India, Indonesia, Lebanon, Congo, and Other Countries.

Vantage Drilling International (Vantage Drilling International) Headlines

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