Insight
US Oil production: How long can stripper wells last at $30/bbl?
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Stripper well production has been under the microscope lately with oil prices near $30/bbl. Shut-in volumes could have major implications on the US supply picture. Even as some of these wells are currently operating at a loss, the decision to shut in production is not a simple one. Low prices must persist for months at a time before an operate decides to incur the cost of shutting in production or abandoning a well.
Table of contents
- Executive summary
- What is a stripper well?
- Where are marginal wells and who operates them?
- How much does it cost to operate a marginal well?
- How much supply is at risk in the US?
Tables and charts
This report includes the following images and tables:
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US Oil production: How long can stripper wells last at $30/bbl?: Image 1Stripper well production by regionTop 20 operators of stripper wellsDistribution of stripper well productionUS Lower 48 Short run marginal cost curve
What's included
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