A share of field costs that are allocated to capex when capital projects are going on. E.g. in N Sea when drilling on a production platform the drilling capex budget has to bear a share of helicopters and supply boats.
IFCA
Definition
Intra Field Cost Allocation
IFCA means Intra Field Cost Allocation. A share of field costs that are allocated to capex when capital projects are going on. E.g. in N Sea when drilling on a production platform the drilling capex budget has to bear a…
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