Eight New Permits -- June 5, 2020

I was gone all day, so I'm only going to post the headlines and the links on this historic day.

One thousand points: link here.

AAPL: hits all-time record.

Say what? Washington Post blasted over inaccurate 'grim milestone' tweet on unemployment rate: 'it's not true.' Google for link. Reminds me of the night Trump defeated Hillary.

Worse call ever. Link here over at MarketWatch.

Holding out for a bailout. Link over at ZeroHedge.

Yup, time to start monetizing redundant real estate. Link here.

OPEC basket: actually falls on this historic day to $34.84. Drops sixty-two cents, or about 1.75%.

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Back to the Bakken

Active rigs:

$39.07	6/5/2020	06/05/2019	06/05/2018	06/05/2017	06/05/2016
Active Rigs	12	64	61	50	25

Eight new permits, #37614 - #37621, inclusive --

• Operators: BR (7); MRO
• Fields: Hawkeye (McKenzie); McGregory Buttes (Dunn)
• Comments:
• BR has permits for a seven-well Sequoiafill pad in SWSE 36-153-95, Hawkeye oil field; all 870; FSL and lined up about 2600' FWL
• MRO has a permit for a Sophia USA well in NENE 15-147-94, McGregory Buttes oil field;

One producing well (a DUC) reported as completed:

• 36678, drl/A, XTO, Mariner 14X-36D, Bear Creek, t--; 33K in 21 days, extrapolates to 46,521 bbls over 30 days; this well is on a three-well pad; 640-acre spacing (not commonly seen any more); section 1-147-96; no other wells in the immediate area; see this note;

Producers now abandoned:

• 25657, QEP, Ernie 3-10-2-11LL,
• 21052, QEP, Moberg 15-22/15H,
• 11273, Scout Energy Management LLC, Nelson 43 1;
• 11641, Scout Energy Management LLC, Shae 1;
• 13634, Scout Energy Management LLC, SFTU 10-30;