Finding and development (F&D)

Finding and development (F&D),

Definition of Finding and development (F&D):

  1. Operating costs are usually associated with the commodity business, especially in the oil, gas and mining sectors. For example, research and development costs may be related to the resources needed to find new oil reserves and the cost of oil production that is sustainable over the life of the reserves.

Meaning of Finding and development (F&D) & Finding and development (F&D) Definition