Shelf Drilling (OSTO:SHLFO) Construction In Progress : kr0 Mil (As of Mar. 2024)

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What is Shelf Drilling Construction In Progress?

Shelf Drilling's quarterly construction in progress increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr461 Mil) but then declined from Dec. 2023 (kr461 Mil) to Mar. 2024 (kr0 Mil).

Shelf Drilling's annual construction in progress increased from Dec. 2021 (kr226 Mil) to Dec. 2022 (kr831 Mil) but then declined from Dec. 2022 (kr831 Mil) to Dec. 2023 (kr461 Mil).

Shelf Drilling Construction In Progress Historical Data

The historical data trend for Shelf Drilling'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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Shelf Drilling Construction In Progress Chart

Shelf Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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811.84

850.59

226.17

830.92

461.01

Shelf Drilling Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	461.01	-

Shelf Drilling 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.

Shelf Drilling (OSTO:SHLFO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shelf Drilling Ltd (OSTO:SHLFo) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SHLLF:USA SHLF:Norway SHLFo:UK 6SD:Germany

Address

One JLT, Jumeirah Lakes Towers, P.O. Box 212201, 12th Floor, Dubai, ARE

Website

https://www.shelfdrilling.com

Shelf Drilling Ltd operates as a shallow-water offshore drilling contractor. The company is engaged in the drilling and completion of exploratory and developmental offshore oil and natural gas wells. The business operates in a single segment being Contract services. Geographically, it derives a majority of revenue from Saudi Arabia and also has a presence in Thailand; Nigeria; United Arab Emirates; India and Other Countries.

Shelf Drilling (OSTO:SHLFO) Headlines

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