Stripper Oil Wells in Nebraska
The Interstate Oil and Gas Compact Commission (IOGCC) defines stripper wells as those wells producing 10 barrels of oil or less per day. Stripper oil wells produce marginal oil which is oil produced from wells that operate on the lower edge of profitability. Nebraska had 1,451 stripper oil wells in 2002 (0.4% of the nation's 402,072 stripper wells). Shown in the table below, these 1,451 stripper wells produced 1,717,983 barrels of oil or 62% of Nebraska's oil production. While each individual well in Nebraska contributed only a small amount of oil (3.24 barrels a day, on average), combined with the rest of the nation, stripper well production was more than 323 million barrels of oil (or 15% of the over two billion barrels of oil produced in the United States).
Stripper Oil Wells in Nebraska, 1970-2002
Percent of Total
Sources: "Marginal Oil and Gas: Fuel for Economic Growth." Interstate Oil and Gas Compact Commission, Oklahoma City, OK. Nebraska Energy Office, Lincoln, NE.
Notes: The number of wells is estimated for 1997. NA = no data available.
This table was updated on January 26, 2004. Typically, there is one year between updates.