Notes From All Over -- Late Afternoon Edition -- August 28, 2020

Federal Reserve Bank of St Louis, James B. Bullard on CNBC, agrees with those who say:

• growth of 20%, maybe 25% in third quarter;
• continued growth in fourth quarter and 1Q21;
• lower rates for longer;
  

Market: gaming stocks, about the only losers

• comment from talking head: they never imagined major sports seasons coming to an end due to social issues, not the pandemic
• just as folks were getting used to dealing with the pandemic, now there is more talk that seasons for many sports coming to an early end (or never even starting, think NFL) due to social issues

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Back to the Bakken
Active rigs:

$42.97	8/28/2020	08/28/2019	08/28/2018	08/28/2017	08/28/2016
Active Rigs	10	62	61	55	30

Operators:

• WPX (2)
• BR (2)
• CLR (2)
• Hess
• MRO
• Slawson
• Petro-Hunt

One new permit, #37814 --

• Operator: BR
• Field: North Fork (McKenzie)
• Comments:
• BR has a permit for a Saddle Jerome well in section 9-149-96; 230' FSL and 922' FEL, in North Fork oil field