Support activities for petroleum and natural gas extraction

- oil and gas extraction service activities provided on a fee or contract basis: . exploration services in connection with petroleum or gas extraction, e.g. traditional prospecting methods, such as making geological observations at prospective sites . directional drilling and redrilling; "spudding in"; derrick erection in situ, repairing and dismantling; cementing oil and gas well casings; pumping of wells; plugging and abandoning wells etc. . liquefaction and regasification of natural gas for purpose of transport,

Name
Support activities for petroleum and natural gas extraction
Sector
B - Mining and quarrying

Lump-sum tax

Usually eligible for lump-sum tax

Usually can use lump-sum taxation if general conditions are met: turnover up to RSD 6 million, no VAT registration, and no other restrictions.

Usually includes

  • oil and gas extraction service activities provided on a fee or contract basis:; exploration services in connection with petroleum or gas extraction, e.g. traditional prospecting methods, such as making geological observations at prospective sites; directional drilling and redrilling; "spudding in"; derrick erection in situ, repairing and dismantling; cementing oil and gas well casings; pumping of wells; plugging and abandoning wells etc.; liquefaction and regasification of natural gas for purpose of transport, done at the mine site; draining and pumping services, on a fee or contract basis; test drilling in connection with petroleum or gas extraction

Usually excludes

  • service activities performed by operators of oil or gas fields, see 06.10, 06.20
  • specialised repair of mining machinery, see 33.12
  • liquefaction and regasification of natural gas for purpose of transport, done off the mine site, see 52.21
  • geophysical, geologic and seismic surveying, see 71.12

Source: the official APR activity classification.