stripper
- noun
- /ˈstrɪpər/
- Specialized
- Is there any information yet on the number of closed-down older wells, or the number reduced to 'stripper' wells at 10 or so barrels per day?
- a stripper well
Examples
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There's not a natural gas equivalent to a stripper well, is there?
Blog text (8) -
I would like to know the answer to that as well, as I understand the vast majority of US production is from very small stripper wells.
Blog text (18) -
I think most countries have missed the boat on the stripper well fat tail.
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That being said, there is no such thing as a deepwater offshore stripper well.
Blog text (8) -
Higher prices have also restarted the low-producing stripper wells in places such as Texas and Oklahoma.
Blog text (9) -
A giant, fumbling government-owned oil company like PEMEX could never maintain stripper wells.
Blog text (8) -
The "stripper wells, classed as <15bpd, together account for 310,000 wells (85% of all the wells) and 19% of all US production.
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Many old oil fields have several stripper wells that produce just a few barrels of oil each day.
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In the report, the analysts highlighted that the majority of stripper wells operate below ten barrels daily.
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Investors are often cautious about stripper wells because their output diminishes significantly over time.
Synonyms
A well that produces oil from the ground
An oil well near the end of its life that produces less than ten barrels a day
Compounds
- Specialized
An oil well near the end of its life that produces less than ten barrels a day
Surface Forms
Morphology
Etymology
Stripper for a low-producing oil well uses the same root strip meaning 'to take off', which is a helpful way to remember that a stripper well only 'strips' small amounts of oil near the end of its life.