Tesla: Just Kidding -- March 11, 2019; XTO With Six New Permits In The Bakken

Tesla: U-turn -- from the FWIW department --

• won't close stores
• will raise prices on vehicles 3% -- except for the $35,000 Model 3
• market reaction: TSLA -- up 2.4% today; up $6.78; trading at $291

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Back to the Bakken

Jobs, jobs, jobs, and more jobs:

Active rigs:

$56.79	3/11/2019	03/11/2018	03/11/2017	03/11/2016	03/11/2015
Active Rigs	65	59	45	32	112

Six new permits:

• Operator: XTO
• Field: Capa (Williams)
  Comments: XTO has permits for a 6-well Lavern pad in section 14-155-95; Capa oil field

Ten permits renewed:

• NP Resources (4): four Mosser Federal permits in Billings County
• RimRock Oil & Gas (4): four Charging Eagle permits in Dunn County
• Whiting: an Armas permit in Mountrail County
• Prima Exploration: one State permit in Divide County

Change of operator (operators not mentioned -- current operator listed as Prima Exploration; it looks like they used to be North Plains Energy II LLC wells)

• fourteen wells changed operator (one was a SWD well)
• all in Divide County
• oldest permit: 23707
• most recent permit: 28988