Murfin is president of Murfin Drilling Co. July 20, Newswire. Murfin currently serves as president of Murfin Drilling Company, Inc. I will do everything that I can to fight for the survival of the small business men and women of our nation's critical oil and natural gas industry.
National Stripper Well Association Names Dave Murfin as Executive Board Chairman
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A stripper well or marginal well is an oil or gas well that is nearing the end of its economically useful life. Oil wells are generally classified as stripper wells when they produce 10  barrels per day or less for any twelve-month period. Additionally, as of , there are more than , natural gas stripper wells in the lower 48 states. Together they account for over 1. Stripper wells are more common in older oil and gas producing regions, most notably in Appalachia , Texas and Oklahoma. Many of these wells are marginally economic and at risk of being prematurely abandoned. When world oil prices were in the low tens in the late s, the oil that flowed from marginal wells often cost more to produce than the price it brought on the market.