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LSDefine

Simple English definitions for legal terms

stripper well

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A quick definition of stripper well:

A stripper well is a type of oil or gas well that produces only small amounts of oil or gas. These wells are not very productive and are often found in states like Kansas and Illinois. They are called "stripper" wells because they strip the remaining oil or gas from a field that has already been heavily drilled.

A more thorough explanation:

A stripper well is a type of oil or gas well that produces only small quantities of oil or gas. These wells are also known as marginal wells because they are not very profitable due to their low production rates.

For example, in some states like Kansas and Illinois, stripper wells are common. These wells are limited in their capacity to produce oil or gas, and they are only able to produce a portion of their monthly allowable due to market demand.

Another type of well is a limited-capacity well, which is an oil or gas well that is also limited in its production due to market demand.

Overall, stripper wells are not very profitable, but they still play an important role in the oil and gas industry by providing a steady supply of oil or gas, even if it is in small quantities.

stripped mortgage-backed security | strong-arm clause

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[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
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