Oil and Gas Company Gross Profit?

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Oil and Gas Company Gross Profit?

Does anyone know if lease expense and production taxes are considered cost of goods sold for an oil and gas company, and deducted from revenue to calculate gross profit?

If not, what is considered COGS for oil and gas company?

2007-01-18 02:22:43 · 1 answers · asked by Dana Katherine 4 in Business & Finance ➔ Other - Business & Finance

....besides the actual oil and gas, that is...

2007-01-18 02:28:08 · update #1

1 answers

hmmm sorry im not sure the answer to this, maybe search on the internet for the answer?? lol sry i wasnt more help!

2007-01-20 06:23:10 · answer #1 · answered by Ash 4 · 0⤊ 0⤋