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

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 ...

SBA Disaster Loan Program

This information is correct as of 3/23/2020 Anyone interested in applying for this program will apply directly with ...

Legislative Reports

Coronavirus Relief Update

Aindriu Colgan | NSWA Vice President, Governmental Affairs Coronavirus Relief Update The window for applying for small ...

House Votes to Expand PPP

Aindriu Colgan | NSWA Vice President, Governmental Affairs House Votes to Expand PPP Last week, the House of ...

Lawmakers Press Expansions to PPP

Aindriu Colgan | NSWA Vice President, Governmental Affairs Lawmakers Press Expansions to PPP Top Congressional tax ...

Federal Aid Programs Expanded

Aindriu Colgan | NSWA Vice President, Governmental Affairs Federal Aid Programs Expanded Eligibility for two federal ...