You must log in to edit PetroWiki. Help with editing

Content of PetroWiki is intended for personal use only and to supplement, not replace, engineering judgment. SPE disclaims any and all liability for your use of such content. More information


Glossary:Depreciation, asset depreciation range

PetroWiki
Jump to navigation Jump to search

A system of tax depreciation which enables a corporation to choose any life falling within 20% of the designated class life for determining its annual depreciation charge. ADR requires an annual election and all depreciation records must be maintained by vintage year (From AGA).