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, straight line
Jump to navigation
Jump to search
A method of computing depreciation under which equal annual amounts are set aside for the ultimate retirement of the property at the end of its service life. For a property with an assumed 25-year life, the annual charge would be 4% per year, usually applied to the cost of the property less estimated net salvage (From AGA).