News

CRAMER: Disapproval of Methane Regulation Passes the House

WASHINGTON, D.C. — Congressman Kevin Cramer participated in debate on the floor of the U.S. House of Representatives today in support of a joint resolution disapproving a regulation on methane ... Read More ...

NSWA Chairman responds to results of Presidential election

Darlene Wallace, NSWA Chairman The National Stripper Well Association (NSWA) looks forward to working with the new Administration and President-Elect Trump on a national agenda that better protects and promotes ... Read More ...

Ohio may be losing marginal oil, gas wells — depending on state’s definition

Shane Hoover | Canton Rep After questions from The Canton Repository, the Ohio Department of Natural Resources is submitting corrected information to the Interstate Oil and Gas Compact Commission regarding ... Read More ...

Stripper well producers face failure if implementation of EPA methane rules is allowed to continue

NSWA National Stripper Well Association Chairwoman Darlene Wallace said the small businesses of the American oil and gas industry are looking at certain collapse if stripper wells are not exempted ... Read More ...

U.S. Stripper Well Output Declining but Still Significant, Says EIA

Carolyn Davis | Natural Gas Intel Stripper wells accounted for 10% of total U.S. oil output last year, a dwindling amount of output but still a significant number, the Energy ... Read More ...

The EPA’s Taking on Strippers

Bette Grande | Spectator Shutting down low-volume wells in North Dakota is an actionable offense. The U.S. Environmental Protection Agency (EPA) issued its final methane rule on May 12. The ... Read More ...

Small Oil and Gas Producers Urge Lawmakers to Keep or Amend Rebate for Unprofitable Wells

Joe Wetz | State Impact NPR The deadline to fund state government is rapidly approaching, and legislators are struggling to bridge a $1.3 billion budget gap. One idea is to ... Read More ...

NSWA submits Statement for the Record in support of Jenkins bill

Today, the U.S. House of Representatives Committee on Ways and Means Tax Policy Subcommittee heard testimony from members of Congress regarding their bills and proposals for tax reform. One bill ... Read More ...

New EPA methane rules combined with low oil prices signal disaster for stripper well producers

NSWA National Stripper Well Association Chairwoman Darlene Wallace said the new rules, on top of historically low oil prices will cripple stripper and marginal well owners and operators.  OKLAHOMA CITY ... Read More ...

Record low oil prices officially trigger tax exemption for “stripper wells”

Sergio Chapa | Biz Journals The owners of low-producing oil wells, known as “stripper wells” or “marginal wells” are now officially eligible for a tax break. Record low crude oil ... Read More ...

The Climate Math of EPA’s Costly Methane Rule

Steve Everley | Energy In Depth The U.S. Environmental Protection Agency recently proposed new rules targeting methane and other emissions from the oil and natural gas industry, which the agency claims are ... Read More ...

Mike Cantrell: The proposed new tax on American oil producers is a kick in the teeth

National Stripper Well Association Chairman Mike Cantrell said the per-barrel tax on crude oil amounts to a kick in the teeth for America’s smallest oil producers. A statement generated by ... Read More ...