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Pastimes : Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: Lynn who wrote (230)	6/6/2008 6:12:25 PM
From: TimF	Respond to of 3816

Interesting story. Such low production wells are called stripper wells if they produce less than 10 barrels per day. "About 80 percent of the roughly 500,000 producing oil wells in the United States are classified as stripper wells. Despite their small volumes, they add up. The >400,000 stripper oil wells in the United States produce, in aggregate, nearly 1 million barrels per day of oil, which represents almost 19% of domestic oil production." netl.doe.gov en.wikipedia.org "Ultra-low Cost Well Monitoring Could Keep Marginal Oil Wells Active DOE-funded Project in California Tested Successfully TULSA, OKLA. — A new, ultra-low cost method for monitoring marginal oil wells promises to help rescue thousands of U.S. wells from an early demise. Developed with funding from the Department of Energy (DOE) and project-managed by DOE’s National Energy Technology Laboratory, this novel, inexpensive, monitoring-system prototype helps improve the efficiency of rod-pumped oil wells. The ultimate payoff for such an approach could be the recovery of millions of barrels of oil otherwise permanently lost while the United States watches its oil production continue to slide." fossil.energy.gov