Unit (UNTCW) Dry Hole Expense (USD Mil) : 0.00 (As of . 20)

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What is Unit Dry Hole Expense (USD Mil)?

The historical rank and industry rank for Unit's Dry Hole Expense (USD Mil) or its related term are showing as below:

UNTCW's Dry Hole Expense (USD Mil) is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Dry Hole Expense (USD Mil) only.

Unit Dry Hole Expense (USD Mil) Historical Data

The historical data trend for Unit's Dry Hole Expense (USD Mil) 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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Unit Dry Hole Expense (USD Mil) Chart

Unit (OTCPK:UNTCW) Dry Hole Expense (USD Mil) Explanation

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well. It includes all costs including drilling the well and testing for the presence of hydrocarbons,as well as the costs for leasing land, seismic purchase and reprocessing.

Unit Dry Hole Expense (USD Mil) Related Terms

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Unit (UNTCW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Unit Corp (OTCPK:UNTCW) » Definitions » Dry Hole Expense (USD Mil)

Comparable Companies

Traded in Other Exchanges

UNTC:USA

Address

8200 South Unit Drive, Tulsa, OK, USA, 74132

Website

https://www.unitcorp.com

Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of revenue is generated from Oil and Natural Gas.