Shelf Drilling (North Sea) (OSL:SDNS) Buildings And Improvements : kr0 Mil (As of Dec. 2023)

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What is Shelf Drilling (North Sea) Buildings And Improvements?

Shelf Drilling (North Sea) Buildings And Improvements Historical Data

The historical data trend for Shelf Drilling (North Sea)'s Buildings And Improvements can be seen below:

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Shelf Drilling (North Sea) Buildings And Improvements Chart

Shelf Drilling (North Sea) Annual Data

Trend

Dec21

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Dec23

Buildings And Improvements

Shelf Drilling (North Sea) Quarterly Data
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Shelf Drilling (North Sea) 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.

Shelf Drilling (North Sea) (OSL:SDNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shelf Drilling (North Sea) Ltd (OSL:SDNS) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lakes Towers, JLT, Floor 12, P.O. Box 212201, Jumeirah, Dubai, ARE

Website

https://www.shelfdrillingnorthsea.com

Shelf Drilling (North Sea) Ltd is a shallow-water offshore drilling contractor operating primarily in the North Sea. It is engaged in the provision of equipment and services for the drilling, completion and well maintenance of shallow water offshore oil and natural gas wells. The Group is primarily engaged in development and workover activity on producing assets, with a focus on shallow water operations in water depths of up to 500 feet.

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