Utility Bill Auditors - Expense Reduction Advisors

Oil stripper wells accounted for 10% of U.S. oil production in 2015

Stripper wells, or wells that produce small volumes, represent an important but decreasing share of total U.S. oil and natural gas production. These wells are characterized as producing no more than 15 barrels of oil equivalent per day (boe/d) over a 12-month period. EIA estimates that there were about 380,000 …read more

Source:: TODAY IN ENERGY