stripper well


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Synonyms for stripper well

an oil well whose production has declined to less than ten barrels a day

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References in periodicals archive ?
Abandoning a stripper well is often a permanent decision," the Journal reported.
24) Annual National Stripper Well Survey, various years.
4] This does not bode well for Montana since more than half of the state's producing oil wells are stripper wells.
Nationally, about 400,000 stripper wells are currently in production.
The NG Pumping System is a green energy friendly system that can work with new wells or assist in the efficiency of stripper wells.
MIDLAND - Standing on a sprawling ranch where drilling rigs, cranes and bobbing stripper wells form a makeshift skyline, Jimmy Davis is not thinking solely about sucking up oil.
These lifts are found useful in conventional crude production, unconventional crude productions, stripper wells, enhanced oil recovery processes, rehabilitation of fields, low API crude, deep and ultra deep offshore production and in the early production system.
Bur according to the California Independent Petroleum Association, which represents small producers, one-sixth of all production in the state is derived from stripper wells producing 10 barrels or less per day.
There are currently nearly a half million stripper wells - shallow wells which produce less than 10 barrels of crude oil per day - in the United States alone.
It discovered the hard way that if its stripper wells that pump between 5,000 bpd and 10,000 bpd are closed because the operation became uneconomic, it would be difficult to reopen them again even if prices climbed up again.
Paradigm Oil & Gas has several proven oil production leases and options for many more, holds the rights to the Centurion Technology, and owns rigs that target shallow stripper wells.
That opens the door to cheaper oil and gas exploration, and an increase in the number and profitability of stripper wells that can be tapped.
is endeavoring to assist American oil producers that operate the roughly 400,000 stripper wells in the United States increase their production, cost-effectively lessening the demand for foreign oil.