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US Oil production: How long can stripper wells last at $30/bbl?
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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 5 images and tables including:
- US Oil production: How long can stripper wells last at $30/bbl?: Image 1
- Stripper well production by region
- Top 20 operators of stripper wells
- Distribution of stripper well production
- US Lower 48 Short run marginal cost curve
What's included
This report contains:
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