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NorAm Drilling AS (OSL:NORAM) Buildings And Improvements : kr0 Mil (As of Mar. 2025)


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What is NorAm Drilling AS Buildings And Improvements?


NorAm Drilling AS Buildings And Improvements Historical Data

The historical data trend for NorAm Drilling AS'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.
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NorAm Drilling AS Buildings And Improvements Chart

NorAm Drilling AS Annual Data
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NorAm Drilling AS Quarterly Data
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NorAm Drilling AS 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.


NorAm Drilling AS Business Description

Industry
Traded in Other Exchanges
Address
Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112
NorAm Drilling AS owns and operates a quality rig portfolio of AC driven rigs tailored for the drilling of horizontal wells in the United States land drilling market. NorAm Drilling Company operates all eleven rigs and is financed through a combination of equity investments and intercompany loans, at arm's length terms, from its parent.

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