Eurasia Drilling Co (LSE:EDCL) Construction In Progress : $441 Mil (As of Jun. 2015)

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What is Eurasia Drilling Co Construction In Progress?

Eurasia Drilling Co's quarterly construction in progress increased from Jun. 2014 ($407 Mil) to Dec. 2014 ($442 Mil) but then declined from Dec. 2014 ($442 Mil) to Jun. 2015 ($441 Mil).

Eurasia Drilling Co's annual construction in progress increased from Dec. 2012 ($327 Mil) to Dec. 2013 ($585 Mil) but then declined from Dec. 2013 ($585 Mil) to Dec. 2014 ($442 Mil).

Eurasia Drilling Co Construction In Progress Historical Data

The historical data trend for Eurasia Drilling Co's Construction In Progress 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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Eurasia Drilling Co Construction In Progress Chart

Eurasia Drilling Co Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Construction In Progress

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107.70

225.51

327.21

585.23

442.41

Eurasia Drilling Co Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Construction In Progress	Get a 7-Day Free Trial								124.60	585.23	406.56	442.41	440.78

Eurasia Drilling Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Eurasia Drilling Co (LSE:EDCL) Business Description

Industry

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Address

Website

http://www.eurasiadrilling.com

Eurasia Drilling Co Ltd was incorporated on November 25, 2002 under the Law of the Cayman Islands. The Company is engaged in providing exploratory and developmental drilling and oil and gas field services to companies operating within the Russian Federation, Kazakhstan, Iraq and the Caspian Sea region. The Company operates in two operating and geographical segments: onshore drilling conducted in the CIS and off-shore drilling conducted in the Caspian Sea.

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