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Page added on October 16, 2020

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Stripper Lives Matter

Stripper Lives Matter thumbnail

396,000 marginal stripper oil wells produced 284 million barrels of oil in 2016 in the United States.

So who really gives a rats ass, right? All of the US shale oil industry, from floor hand to CEO, thinks their shit doesn’t stink and shale oil is America’s future. The media feels the same way; when is the last time you read an article on Forbes about the plight of the US stripper well industry?

Stripper wells are not sexy. They don’t require big drilling rigs with elevators or frac spreads that cover two football fields. They don’t require billions of dollars of other people’s money to drill and are generally unremarkable because they make money.  Because of that there is not much for pundits, ANALysts and journalists (that once drove by a drilling rig on the highway and consider themselves experts), to say about them. They’re boring.

How Many Shale Oil Wells Would It Take to Replace America’s

Stripper Well Production?

All of America’s oil future now appears to lie in the Permian Basin. That’s where all the rigs are running. Why I am not sure; at $35 net WH prices a HZ shaley carbonate  well in the Permian has a better chance of getting hit  by lightning than paying out. But let’s pick the most prolific bench, the Wolfcamp, in America’s hottest shale oil basin, the Permian, and have a look see…

Click to enlarge

Based on realized production data filed with the Texas Railroad Commission (there is no lying allowed at the TRRC!) and collected by shaleprofile.com, the average first 12 month production for a Permian Basin Wolfcamp well is 159,000 BO. It would therefore require 1,786 wells to reach 284 million barrels of annual oil production and given the known first year decline rates for this bench it would require 1.7 more wells per day more to sustain that 284MM BO. That’s 620 more wells that would have to be drilled during the same one year time frame to maintain 284MM BO annual production rates. The answer is then 2,406 Permian Wolfcamp wells would be required to replace America’s stripper well production.

How Much Would It Cost To Replace America’s Stripper Well Production With Permian Wolfcamp Wells?

2,406 wells X $8.5MM per well total D&C costs (EIA, IHS, PXD Investor Presentations) = $20,455,250,000, as in billion

+ 620 wells per year, thereafter = $5,300,000,000, as in billion*

* providing Wolfcamp well productivity does not continue to fall.

So let’s keep our priorities straight…shale oil was just an expensive seed bump in the long road to depletion in our country. It’s only one answer to a very big problem. Peak affordable oil is upon us.

And remember, every stinking “monster” shale oil well in America is going to be a stripper well someday very soon. YOU paid, in a roundabout way to drill them, now YOU will pay, in a roundabout way, to plug and abandon them. Along the way you made a lot of CEO’s and royalty owners very happy.

Stripper well production in America is paid for, and profitable, even at $45. Its reliable because its annual decline is typically less than 3%. It also provides job security to many. It’s important to our nation’s oily future.



52 Comments on "Stripper Lives Matter"

  1. ANSEL ONE supertard madcat i love you supertard madkat i know your time on this earth is short because you will be having muzz-19 shot up your vein and you will croak soon on Fri, 16th Oct 2020 3:34 pm 

    enjoy muzz-19 which contains large amount of dropout-19 semen

    bye bye supertard madkat

  2. zero juan on Fri, 16th Oct 2020 3:50 pm 

    widdle juan is trying to troll and spam but it is hard becuase he is outed. You are a fucking skumbag, Ppee juan. Welcome to hell, troll.

    ANSEL ONE supertard madcat i love you supertard madkat i know your time on this earth is short because you will be having muzz-19 shot up your vein and you will croak soon said enjoy muzz-19 which contains large amount of dropo…

    REAL Green said yeap isnt even a REAL word widdle davy.

  3. zero davy on Fri, 16th Oct 2020 4:16 pm 

    widdle davy is trying to troll and sock but it is hard because he is outed. You are a fucking skumbag, Ddavy skum. Welcome to hell, troll.

    ANSEL ONE supertard madcat i love you supertard madkat i know your time on this earth is short because you will be having muzz-19 shot up your vein and you will croak soon said enjoy muzz-19 which contains large amount of dropo…

    REAL Green said yeap isnt even a REAL word widdle davy.

  4. makati1 on Fri, 16th Oct 2020 5:43 pm 

    The children are out to play again. Not going to get an intelligent, rational, mature reply so no posts now.

  5. Davy on Fri, 16th Oct 2020 6:18 pm 

    Wak, your best friend JuanP with your support has ruined this forum. So whining about content is total hypocrisy. .

  6. makati1 on Fri, 16th Oct 2020 6:31 pm 

    Davy, YOU ruined it a long time ago. Your senility is showing if you do not remember your constant attacks on everyone who disagreed with your delusional view of the world. The rest of us remember quite well. Unfortunate, you drive most of them away over the years. You really need help.

  7. makati1 on Fri, 16th Oct 2020 6:32 pm 

    BTW: Those attacks continue to this day. Get help!

  8. Davy on Fri, 16th Oct 2020 6:44 pm 

    Wak, your blatant and nasty hate fill anti-Americanism was a magnet for extremist. I singlehandedly crushed your lame agenda. Now you whine.

  9. makati1 on Fri, 16th Oct 2020 7:07 pm 

    Delusional Davy, denial does not change reality. Your delusional mind sees only what you want to see, not the real world. The US is going down. Most of the non-Western world is cheering for that day. Me too.

    Your nanny goat bitch will be dinner some day soon. Wait and see.

  10. Davy on Fri, 16th Oct 2020 7:10 pm 

    Wak, you are a senile old man in denial you have dementia.

  11. Davy on Fri, 16th Oct 2020 7:23 pm 

    I’m old enuff to be juanPPees grampa.

  12. makati1 on Fri, 16th Oct 2020 7:26 pm 

    I say again, for thick headed goatherds…

    Delusional Davy, denial does not change reality. Your delusional mind sees only what you want to see, not the real world. The US is going down. Most of the non-Western world is cheering for that day. Me too.

    Your nanny goat bitch will be dinner some day soon. Wait and see.

  13. Davy on Fri, 16th Oct 2020 7:37 pm 

    Wak, you play with a monkey. At least I have a business.

    Go over to the moderated side fool and we will see how you do. Instead you stay her to spew your lies and put downs. They would ban you in a day over there.

  14. Zero juan on Fri, 16th Oct 2020 7:40 pm 

    JuanPpee, everyone knows it you, lunatic.

    Davy said I’m old enuff to be juanPPees grampa.

    REAL REAL Nutters said Widdle davvee

  15. Davy on Fri, 16th Oct 2020 7:42 pm 

    MOMMY!???

  16. REAL Stupid on Fri, 16th Oct 2020 7:52 pm 

    Widdle wants its mommy.

    LOL!

  17. Anonymouse on Fri, 16th Oct 2020 7:54 pm 

    I see JuanP, and everyone else, has been kicking the exceptionalturds dumbass all over the map this week. And every other week too lol.

    Be that as it may, great job neutering his stupidity, with a special shout out to our moderator:

    JUANP!

  18. ANAL i love you supertard madkat because u r gona croak very soon duterte mandate muzz-19 to shoot up ur vein u will croak on Fri, 16th Oct 2020 8:01 pm 

    your time on earth is limited supertard madcat
    that’s why i love u. i hope u feel better

    sayanora supertard madkat muzz-19 contains large amount of semen from dropout-19

  19. ANAL U.S. national security adviser Robert O’Brien said on Friday that China was perpetrating "something close to" a genocide with its treatment of Muslims in its Xinjiang region on Fri, 16th Oct 2020 8:21 pm 

    thank you master race china. only master race china can harvest master cult muzz

    we need to harvest muzz worldwide, not just in china

    India: Three madrassa teachers arrested in Jammu and Kashmir after 13 students join jihad terror group

  20. REAL Dumb on Fri, 16th Oct 2020 8:38 pm 

    Wak never played with a monkey widdle. But we do play with goats.

    fuckwak

  21. ANAL darkie killed darkie supertard spike lee darkie lives doesnt matter because its fake news according to darkie supertard presiden thomas sowell on Fri, 16th Oct 2020 9:35 pm 

    please love supertard kat
    he’s croak soon thanks to muzz-19

  22. ANAL darkie killed darkie supertard spike lee darkie lives doesnt matter because its fake news according to darkie supertard presiden thomas sowell on Fri, 16th Oct 2020 9:39 pm 

    please love supertard kat
    he’s gona croak soon thanks to muzz-19

  23. double rainbow all the way across the sky so intense whoa it begins to look like a triple rainbow all the way across the sky what does it mean WDIM ZOMG on Fri, 16th Oct 2020 10:06 pm 

    On This Day…
    Oct 16, 2014: Heiban, Sudan
    Five Nubian children are reduced to parts by
    an Islamic Republic airstrike on a market: 6 Killed

  24. makati1 on Fri, 16th Oct 2020 11:48 pm 

    Davy, you have shit. Your lies are so obvious as they have been spewed for years here. Hypocrite and liar.

    You have no idea about me or my life, just immature slurs and spewing tons of smelly goat shit. I did my bit for 50 years and am now retired and enjoying my life with my resources and your tax money as one of my income stream, Social Security. LOL

    BTW: I’ve taken over $250,000 in SS payments since retirement. Working on another $250,000, if the US holds on long enough, but I doubt SS will exist in another 5-10 years, nor the US as you know it. ^_^

  25. makati1 on Fri, 16th Oct 2020 11:55 pm 

    “The US is the most observed country in the world. Since it’s the world’s current empire (and since it is beginning its death throes as an empire), it’s fascinating to watch.

    Those of us outside of the US watch it like Americans watch TV. It’s like a slow-motion car wreck that we observe almost daily, eager to see what’s going to happen next. We criticize the madness of it all, yet we can’t take our eyes off the unfolding drama. It has all the excitement of a blockbuster movie.

    A small, but growing, number (of Americans) are quietly leaving for more promising destinations.”

    https://www.theburningplatform.com/2020/10/16/the-american-revolution-the-sequel-2/#more-226468

    I guess I am not the only one watch the collapse of the US and escape the fascist police state. ^_^

  26. makati1 on Sat, 17th Oct 2020 12:09 am 

    ANAL, I am obviously healthier than you are. Your mental system is broken. Get help!

  27. ANAL i love you we all love you supertard kat muzz-19 is going to destroy your immunity and ur internal organs on Sat, 17th Oct 2020 12:42 am 

    no use to hate, what’s the point when your time on earth is so short supertard kat

    so long supertard kat duterte will mandate muzz-19 if u refuse u will eat lead

  28. ANAL muzz-19 gona course through supertard kat veins and destroys his immunity his brain and internal organs so u say supertard kat can just refuse haaa not when it comes to duterte it would means he will shoot supertard kat on Sat, 17th Oct 2020 12:48 am 

    muzz-19 has all the goods, meaning it’s loaded with dropout-19 semen

    so long supertard kat, sleep tight

  29. REAL Green on Sat, 17th Oct 2020 1:18 am 

    It’s the REAL Stupid folk like davy that’s the reason are country is collasping. Keep up the good works Davy.

    stupid goatfuck

  30. zero juan on Sat, 17th Oct 2020 3:34 am 

    My gawd lunatic you must really be upset bout being neutered!

    This is the mentally ill JuanP:

    REAL Green said It’s the REAL Stupid folk like davy that’s the rea…

    ANAL muzz-19 gona course through supertard kat veins and destroys his immunity his brain and internal organs so u say supertard kat can just refuse haaa not when it comes to duterte it would means he will shoot supertard kat said muzz-19 has all the goods, meaning it’s load…

    ANAL i love you we all love you supertard kat muzz-19 is going to destroy your immunity and ur internal organs said no use to hate, what’s the point when your t…

    double rainbow all the way across the sky so intense whoa it begins to look like a triple rainbow all the way across the sky what does it mean WDIM ZOMG said On This Day… Oct 16, 2014: Heiban, Sudan Fiv…

    ANAL darkie killed darkie supertard spike lee darkie lives doesnt matter because its fake news according to darkie supertard presiden thomas sowell said please love supertard kat he’s gona croak so…

    ANAL darkie killed darkie supertard spike lee darkie lives doesnt matter because its fake news according to darkie supertard presiden thomas sowell said please love supertard kat he’s croak soon th…

    REAL Dumb said Wak never played with a monkey widdle. But we do p…

    ANAL U.S. national security adviser Robert O’Brien said on Friday that China was perpetrating “something close to” a genocide with its treatment of Muslims in its Xinjiang region said thank you master race china. only master race chi…

    ANAL i love you supertard madkat because u r gona croak very soon duterte mandate muzz-19 to shoot up ur vein u will croak said your time on earth is limited supertard madcat tha…

    REAL Stupid said Widdle wants its mommy. LOL!

    Davy said MOMMY!???

  31. zero davy on Sat, 17th Oct 2020 7:22 am 

    My gawd lunatic you must really be upset bout being neutered!

    This is the mentally delusionaly ill : davy

    REAL Green said It’s the REAL Stupid folk like davy that’s the rea…

    ANAL muzz-19 gona course through supertard kat veins and destroys his immunity his brain and internal organs so u say supertard kat can just refuse haaa not when it comes to duterte it would means he will shoot supertard kat said muzz-19 has all the goods, meaning it’s load…

    ANAL i love you we all love you supertard kat muzz-19 is going to destroy your immunity and ur internal organs said no use to hate, what’s the point when your t…

    double rainbow all the way across the sky so intense whoa it begins to look like a triple rainbow all the way across the sky what does it mean WDIM ZOMG said On This Day… Oct 16, 2014: Heiban, Sudan Fiv…

    ANAL darkie killed darkie supertard spike lee darkie lives doesnt matter because its fake news according to darkie supertard presiden thomas sowell said please love supertard kat he’s gona croak so…

    ANAL darkie killed darkie supertard spike lee darkie lives doesnt matter because its fake news according to darkie supertard presiden thomas sowell said please love supertard kat he’s croak soon th…

    REAL Dumb said Wak never played with a monkey widdle. But we do p…

    ANAL U.S. national security adviser Robert O’Brien said on Friday that China was perpetrating “something close to” a genocide with its treatment of Muslims in its Xinjiang region said thank you master race china. only master race chi…

    ANAL i love you supertard madkat because u r gona croak very soon duterte mandate muzz-19 to shoot up ur vein u will croak said your time on earth is limited supertard madcat tha…

    REAL Stupid said Widdle wants its mommy. LOL!

    Davy said MOMMY!???

  32. REAL Green on Sat, 17th Oct 2020 7:44 am 

    We spelt God rong agin zDavy.

    luantic

  33. zero juan on Sat, 17th Oct 2020 8:44 am 

    The lunatic widdle juan Ppee is up for another mentally ill day:

    REAL Green said We spelt God rong agin zDavy. luantic

    zero davy said My gawd lunatic you must really be upset bout bein…

  34. zero davy on Sat, 17th Oct 2020 10:18 am 

    The lunatic widdle daVvee is up for another mentally ill day:

    REAL Green said We spelt God rong agin zDavy. luantic

    zero davy said My gawd lunatic you must really be upset bout bein…

  35. zero juan on Sat, 17th Oct 2020 10:40 am 

    widdle got poop in his nose. widdel, you fucked up. You fucked with the wrong guy, widdle. Welcome to hell, troll.

    zero davy said The lunatic widdle daVvee is up for another mental…

  36. zero davy on Sat, 17th Oct 2020 11:33 am 

    widdle daVvee got poop in his nose. widdel, you fucked up. You fucked with the wrong guys, widdle. Welcome to hell, troll.

    zero davy said The lunatic widdle daVvee is up for another mental…

  37. zero juan on Sat, 17th Oct 2020 12:16 pm 

    widdle juan, why are you not doing your muzzie crap, stupid?

    zero davy said widdle daVvee got poop in his nose. widdel, you fu…

  38. zero davy on Sat, 17th Oct 2020 12:20 pm 

    widdle davy, why are you not doing your muzzie crap, stupid?

    zero davy said widdle daVvee got poop in his nose. widdel, you fu…

  39. zero juan on Sat, 17th Oct 2020 1:07 pm 

    widdle juan, are you depressed? You have not howled at the moon today with your muzzie crap.

    zero davy said widdle davy, why are you not doing your muzzie cra…

  40. LANA WE love you supertard kat on Sat, 17th Oct 2020 1:42 pm 

    Muzz-19 will course through your veins while you are strapped down

    Your time on this earth is short
    All you have is love

    Muzz-19 will have high concentration of semen from dropout-19

  41. kat lives matter KLM bye bye supertard kat muzz-19 is mandatory on Sat, 17th Oct 2020 1:45 pm 

    We love you supertard kat

  42. zero davy on Sat, 17th Oct 2020 2:19 pm 

    widdle davy, are you depressed? You have not howled at the moon today with your muzzie crap.

    zero davy said widdle davy, why are you not doing your muzzie cra…

  43. zero juan on Sat, 17th Oct 2020 3:18 pm 

    widdle juanPPee must be depressed he is not howling his muzzie crap much today:

    zero davy said widdle davy, are you depressed? You have not howle…

    kat lives matter KLM bye bye supertard kat muzz-19 is mandatory said We love you supertard kat

    LANA WE love you supertard kat said Muzz-19 will course through your veins while you a…

  44. Davy on Sat, 17th Oct 2020 3:53 pm 

    On topic dumbasses:

    “Stripper Lives Matter”

    The only strippers lives that matter to us are the well hung ebony ones.

  45. REAL Green on Sat, 17th Oct 2020 3:55 pm 

    So true widdle. So true. We loves the ebony cock.

  46. zero juan on Sat, 17th Oct 2020 4:05 pm 

    widdle juan, everyone know it is you, stupid. JuanP is such a stupid fuck playing his ID theft games. I love pounding his pride into the ground:

    REAL Green said So true widdle. So true. We loves the ebony cock.

    Davy said On topic dumbasses: “Stripper Lives Matter” The on…

  47. Davy on Sat, 17th Oct 2020 4:11 pm 

    Don’t listen to zero juan y’all. zero juan’s a luantic.

  48. REAL Green on Sat, 17th Oct 2020 4:13 pm 

    Every one no’s were zero juan Davy.

  49. zero juan on Sat, 17th Oct 2020 4:18 pm 

    widdle juan Ppee, you look stupid when you pretend people don’t know it is you. LMFAO

    REAL Green said Every one no’s were zero juan Davy.

    Davy said Don’t listen to zero juan y’all. zero juan’s a lua…

  50. zero davy on Sat, 17th Oct 2020 5:29 pm 

    widdle daVvee juan, you look stupid when you pretend people don’t know it is you. LMFAO

    REAL Green said Every one no’s were zero juan Davy.

    Davy said Don’t listen to zero juan y’all. zero juan’s a lua…

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