Stripper well definition
Stripper well means a well drilled and completed, or reentered and recompleted as a horizontal well, after June 30, 2013, whose average daily production of oil during any preceding consecutive twelve-month period, excluding condensate recovered in nonassociated production, per well did not exceed ten barrels per day for wells of a depth of six thousand feet [1828.80 meters] or less, fifteen barrels per day for wells of a depth of more than six thousand feet [1828.80 meters] but not more than ten thousand feet [3048 meters], and thirty barrels per day for wells of a depth of more than ten thousand feet [3048 meters] outside the Bakken and Three Forks formations, and thirty-five barrels per day for wells of a depth of more than ten thousand feet [3048 meters] in the Bakken or Three Forks formation.
Stripper well means a well drilled and completed, or reentered and recompleted as a
Stripper well means a well that has been certified by the board as an oil well incapable of producing an average of more than ten barrels of oil per day during the entire taxable month. Once a well has been certified as a stripper well, such stripper well shall remain certified as a stripper well until the well produces an average of more than 10 barrels of oil per day during an entire taxable month.
More Definitions of Stripper well
Stripper well means a well inside the Bakken or Three Forks formations whose
Stripper well means a well drilled and completed, or re-entered and recompleted as a horizontal well, after June 30, 2013, whose average daily production of oil during any preceding consecutive twelve-month period, excluding condensate recovered in nonassociated production, per well did not exceed ten barrels per day for wells of a
Stripper well means a conventional oil and gas well with a maximum daily average production which does not exceed fifteen barrels of oil and ninety thousand cubic feet of natural gas during any twelve-month consecutive time period.
Stripper well means any well qualifying as such under section 108(b) of the natural gas policy act of 1978.
Stripper well means a conventional oil and gas well with a
Stripper well means an oil well with a maximum daily average oil production not exceeding 10 barrels of oil per day, or a natural gas well with a maximum daily average natural gas production not exceeding 60,000 standard cubic feet per day, or a well with a maximum daily average combined oil and natural gas production not exceeding 10 barrels of oil equivalent per day during any 12-month consecutive time period.
Stripper well means any well qualifying as such under section 108(b) of the natural gas