Low Oil Prices & COVID-19


Economic resources and information for marginal well producers during these unprecedented times.

NSWA knows that these are hard times for marginal well producers. With updates coming every day concerning low oil prices & COVID-19, NSWA is working hard to keep you informed! Below is a list of resources to aid your business during these unprecedented times.

Economic Resources

New Paid Leave Requirement

Starting April 1, 2020, businesses with fewer than 500 employees will need to provide employees with paid time off for ...

Employee Retention Credit

The Treasury Department’s Employee Retention Credit program launched this week. The program is designed to encourage ...

CARES Act: Shumaker Legal & Legislative Summary

The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act has passed the Senate, the House, and has been signed ...

Monthly Lease Analysis Spreadsheet

This monthly lease analysis is a helpful tool that can be adapted for each owner to project income & expense for ...

Paycheck Protection Program

Under the CARES Act, the Small Business Administration is offering The Paycheck Protection Program. The program is ...

Royalty Relief Letter

With the low price of oil and the COVID-19 pandemic directly affecting oil producers’  ...

Investigating economic warfare actions by Saudi Arabia and Russia

Six U.S. Senators submitted a letter to The Honorable Mike Pompeo at the Secretary of State, asking him to begin ...

Summary of the Coronavirus Aid, Relief and Economic Security (CARES)

Aindriu Colgan | NSWA Vice President, Governmental Affairs After countless hours of negotiation between Congressional ...

Legislative Reports

NSWA Board Virtual DC “Fly-In” Meetings

As a new Congress begins – the 117th – NSWA has once again engaged Congressional leaders on key issues of importance ...

COVID Relief

Chris Kearney | NSWA Vice President, Governmental Affairs On January 14, President Biden announced his $1.9 trillion ...

President Biden’s first days in office

Chris Kearney | NSWA Vice President, Governmental Affairs President Biden was sworn in on Jan. 20, and his ...

Report – January 15

Chris Kearney | NSWA Vice President, Governmental Affairs Official Washington is in “pause” mode as it awaits the ...