WTI Will Test $37 Floor; OPEC Basket Closes Below $40 -- Two New Permits -- October 2, 2020

Later: at two hours post-tweet, 353K well-wishers clicked in. He has 87 million followers.

Later: 

"Get some rest, president!" -- still not taking doctor's advice. LOL.

For the archives: President Trump admitted to Walter Reed Medical Center earlier today; initial reports, "precautionary." Less than twelve hours later, White House officials said to be "concerned." President febrile and fatigued; on experimental drug regimen; does not include hydroxychloroquine. Not sure if president is in ICU, but he's being treated as if in ICU. Next thing to watch for: intubation (for "precautionary purposes") if he becomes overly fatigued. Posted 9:55 p.m. ET. One hour ago (about 9:00 p.m. ET) said to be "short of breath." For me that's a "head's up" that the president will be intubated before morning. Posted 10:05 p.m. ET. Spokesman: President Trump resting comfortably; no supplemental oxygen. Posted 12:20 a.m. ET. early Saturday morning;

Posted at 12:21 a.m. ET, truly remarkable. Late Friday night / early Saturday morning. To go from working in his office to being taken to Walter Reed to be said to be febrile and short of breath all in less than 12 hours and then all of a sudden resting comfortable on no supplemental oxygen. Remarkable. Anyway, we move on.

OPEC: Iraq says it won't abide by OPEC quotas. 

**************************************
Back to the Bakken

Active rigs:

$37.05	10/2/2020	10/02/2019	10/02/2018	10/02/2017	10/02/2016
Active Rigs	11	59	65	57	33

Two new permits:

• Operator: BR
• Field: Little Knife (Dunn County)
• Comments:
• BR has permits for a Manchester well and a Concord well both in SWSW 10-147-97, 442' FSL and 275' - 365' FWL

Four permits canceled:

• EOG: four Wayzetta permits in Mountrail County