Oil and Gas Glossary

Tangible Drilling Costs (TDCs)

January 24, 2025
Nathan Tarrant
1 Min Read

Tangible Drilling Costs (TDCs) are expenses incurred for physical assets during drilling operations, such as equipment, casing, and wellheads. These costs are typically capitalized and depreciated over time for tax purposes.

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Nathan Tarrant

Nathan has worked in financial services and strategic financial and investment growth for over 30 years. He was the founder and COO of a Queen’s Award-winning financial services company based in the UK, and a capital investment company specializing in oil and gas investments, based in Virginia, USA.

He served as a financial and alternative investment advisor to delegates of the UN, World Health Organization, and senior executives of Fortune 500 companies in Geneva, Switzerland, following the 2008 financial crash.

Today, he specializes in alternative investments—researching niche asset classes, publishing investor-focused insights, and supporting capital-raising efforts for select investment providers through strategic content and market positioning.

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