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 Information Administration said Wednesday.
The stripper wells, aka marginal wells, so called because they strip the remaining oil and natural gas from the ground, typically produce up to 15 boe/d over a year’s time. At the end of 2015, there were around 380,000 domestic strippers, down by 19% from 2008, said the report overseen by principal contributor Jack Perrin. However, strippers still surpassed “nonstrippers,” which totaled about 90,000 at the end of last year.