Tag: stripper wells

Stripper wells accounted for 10% of US oil production in 2015 – EIA

Stripper wells accounted for 10% of US oil production in 2015 – EIA

Production share of oil stripper wells has fallen from high of 19% in 2008 to 10% in 2015 Stripper wells, or wells that produce small volumes, are an important but decreasing share of total US oil and natural gas production, according to the US Energy Information Administration. These wells are characterized as producing no more than 15 […]