Marginal Wells: Fuel for Economic Growth - 2015 IOGCC Report
The Interstate Oil and Gas Compact Commission (IOGCC) has released the 2015 Marginal Well Report that documents marginal well activity and the economic contribution of marginal production in the United States.
Despite current industry challenges, marginal wells remain in widespread operation across the country and continue to reliably produce a meaningful share of total domestic oil and natural gas output. According to the report, 72.2 percent of all operating wells in the U.S. in 2015 are marginal.
This report, which includes twenty-nine states is based on data collected from the IOGCC marginal well survey that covers production activity for the calendar years of 2013, 2014, and 2015.
The report states that marginal wells have contributed more than $300 billion of production in the form of 2.85 billion barrels of oil and 19.9 billion Mcf of natural gas over the last ten years.
Lease Pumper's Handbook
The Pumper’s Handbook was written to assist in producing oil and natural gas from marginally producing wells. You may purchase the hardcopy form or a CD by visiting our online store.
Workbooks and Videos
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