depletion


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depletion

n. when a natural resource (particularly oil) is being used up. The annual amount of depletion may, ironically, provide a tax deduction for the company exploiting the resource because if the resource they are exploiting runs out, they will no longer be able to make money from it.

References in periodicals archive ?
The two deductions that are peculiar to oil and gas programs (and certain other extractive industries) and that provide the major incentives for investing in an oil or gas limited partnership are the deductions for intangible drilling and development costs (see Q 7841 to Q 7844) and depletion (see Q 7845 to Q 7854).
A dynamic optimization model is proposed based on maximizing the generation of social capital for a given transversal-free project cycle whereby social surplus includes environmental factors related to resource depletion and environmental sustainability.
The difference of 0.9% will either be applied to reduce any future depletion or replenished to the MCS accounts should that prove to be the proper course of action.
Mutations in RRM2B cause mtDNA depletion in multiple organs that produces broad clinical manifestations, ranging from infantile encephalopathy to MNGIE-like disease (14, 16, 17).
To help resolve this discrepancy, scientists Andrew Lenton and Nicolas Metzl, along with other researchers, considered the effects of stratospheric ozone depletion, which most previous studies had not included.
Maroun Semaan, group chief operating officer of Petrofac, commented: "We are delighted to have successfully secured the Kauther gas depletion compression project.
The Lyc-O-Mato group showed a sunburn cell count that was six times lower than the placebo group, and showed evidence of reduced depletion of Langerhans cells.
According to Masasuke Kishi, president of Network solutions at OKI, the NX4300 will act as a 'countermeasure' against IPv4 depletion. The NX4300 can be expanded to a maximum of 10 blades while sustaining a throughput of 8Gb/s per blade.
Ozone depletion has been linked to an increase in ultraviolet radiation that causes skin cancer.
However, although the CD4 T cell count falls relatively slowly after infection, generally taking several years to fall to what most clinicians would consider 'dangerous', over the past 2 years it has become clear that CD4 depletion may happen much faster than previously realised.
For this reason, low levels of hemoglobin may signal red blood cell depletion or iron deficiency.
One-third of sub-Saharan Africans face recurrent famine and malnutrition, partly resulting from soil depletion.