stripper well

(redirected from Marginal well)
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stripper well

[′strip·ər ‚wel]
(petroleum engineering)
References in periodicals archive ?
Data accumulated during this time revealed that the Company's marginal well operations would remain unprofitable for the Company and would not likely be successful in the long term.
The combination treatment utilizing PetroLuxus[TM] WC-100 to clean fluid flow restrictions followed by the formation treatment with PetroLuxus[TM] MMMF results in increased production of marginal wells.
After positive first phase results from the treatment of marginal wells with PetroLuxus[TM] MMMF in Central Texas, Planet Resource Recovery created an Enhanced Oil Recovery Program for the deployment of PetroLuxus[TM] MMMF in different oil producing regions in the United States.
There has been additional experimentation that has resulted in favorable outcomes in the petrochemical field for tar sands, oil shale, resid oil, oil drill cuttings and marginal wells.
PetroLuxus[TM] MMMF will be available to the EOR market through Oil Recovery Ventures, LLC, on a revenue share platform based on increased production of marginal wells.
Tom Dugan attributes much of this growth and success to the hiring of loyal and competent employees and the ability to take marginal wells and restore them to profitable production.
PetroLuxus[TM] MMMF will be available to the EOR market through Oil Recovery Ventures, LLC on a revenue share platform based on increased production of marginal wells.
higher production taxes in Canada, and aggressive development of marginal wells to maximize returns all contributed to the increase in LOE expenses.
Fortunately, crude oil production rose to an average of 464 barrels per day (BOPD), up from 427 BOPD because several marginal wells had been returned to an operating status during the last half of fiscal 1999.
PetroLuxus[TM] MMMF will be available exclusively to the EOR market through Oil Recovery Ventures, LLC on a revenue share platform based on increased production of marginal wells.
The Company intends to continue to reduce operating costs, curtail marginal wells and suspend recompletion efforts in order to endure this downturn.
This is typical wildcat drilling for Morrow sands similar to our Glacier Prospect where we drilled a dry hole and two marginal wells that ultimately led to discovery of excellent production.