marginal well

marginal well
A term of the oil industry. The term is defined by a Texas statute regulating the production of oil wells as any pumping well having a daily output of production of twenty barrels or less. The statute prohibits restriction of the production of any marginal well as thus defined. Railroad Com. v Rowan & Nichols Oil Co. (CA5 Tex) 107 F2d 70.

Ballentine's law dictionary. . 1998.

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