The Market -- Last Day Of The Santa Claus Rally; No New Permits; Eight Permits Renewed; Ten DUCs Reported As Completed -- January 5, 2021

Dow:

• December 22, 2020, near the close: 30,013
• January 5, 2021, near the close: 30,395
• change: 1.2%

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

Miscellaneous:

• the swing from yesterday to today: exactly what traders like
  
• AAPL: new target -- at least one analyst has raised his target from $145 to $150 base on strong iPhone sales
• but look at this: TSLA closed at $735; up $18 after the close ($18); and someone on the street has raised target to $815 or thereabouts; at $735, a market cap of $700 billion; at $815, a market cap trending toward $900 billion; Morgan Stanley, $810; bull case at $1,232;
  
• T: struggling; could get worse before it gets better; I'm lovin' it -- watching T vs TSLS vs AAPL;
  
• auto stocks: surging:

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Back to the Bakken

Active rigs:

$49.93	1/5/2021	01/05/2020	01/05/2019	01/05/2018	01/05/2017
Active Rigs	13	55	63	54	39

No new permits.

Released from confidential status:

• 36993, conf, MRO, Leiderbach 11-27H, Chimney Butte, first production, 11/20; t--; cum 29K first month;
  
• 36994, conf, MRO, Hull 41-28TFH, Chimney Butte, first production, 11/20; t--; cum --;
• 37093, conf, MRO, Ruggles 14-33H, Bailey, first production, 11/20; t--; cum 15K first month;
• 37095, conf, MRO, Wiest 24-33H, Bailey, first production, 11/20; t--; cum 27K first month;
• 37250, conf, MRO, Hoss 41-3TFH, Killdeer,  no data;
  
• 37251, conf, MRO, McGowan 11-2H, Killdeer,  no data;
• 37395, MRO, Wallentinson USA 44-8H, first production, 9/20; t--; cum 115K 11/20; huge well:
  

  Date	Oil Runs	MCF Sold
  11-2020	44448	56702
  10-2020	50851	51105
  9-2020	25838	29722

Producing wells (DUCs) reported as completed:

• 36994, MRO, Hull 41-28TFH, see above;
  
• 37079, drl/A, MRO, Canon 21-15H, Chimney Butte, first production, 10/20; t--; cum 39K over 22 days;
  

  Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
  BAKKEN	11-2020	22	38878	38679	47220	42193	28792	10797
  BAKKEN	10-2020	3	163	0	681	1377	0	1368

• 32434, MRO, Stillwell 21-13H, Lost Bridge, first production, 8/20; t--; cum 215K 11/20; previously posted, thanks to a tip from a reader;
  
• 37081, drl/A, MRO, Mollie 31-15H, Chimney Butte, first production, 11/20; t--; cum 37K over 22 days;
  
• 37080, drl/A, MRO, Buxton 31-15TFH, Chimney Butte, first production, 11/20; t--; cum 54K over 28 days;
  

  Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
  BAKKEN	11-2020	28	53808	53308	67669	51763	41311	6843

• 35016, SI/A, BR, Lillibridge 3A MBH-R, Blue Buttes, no production data,
  
• 33623, drl/A, Slawson, Gunslinger Federal 5-1-12H, Sand Creek, no production data,
  
• 33841, drl/A, Crescent Point Energy, CPEUSC Tami 5-8-5-157N-99W, Lone Tree Lake, no production data,
  
• 34678, drl/A, EOG, Clarks Creek 63-0717H, Antelope-Sanish, first production, 11/20; t--; cum 37K over 28 days;
  

  Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
  SANISH	11-2020	28	36860	36633	31459	71376	70464	1

• 33838, drl/A, Crescent Point Energy, CPEUSC Tami 9-8-5-157N-99W, Lone Tree Lake, no data;
  

Permit renewals:

• 30464, CLR, Entzel 3-26H, Cabernet,
  
• 30465, CLR, Entzel 2-26H, Cabernet,
• 35920, CLR, Chloe 7-20H1, East Fork,
• 35921, CLR, Chloe 6-20H, East Fork,
• 35922, CLR, Chloe 5-20H1, East Fork,
• 35923, CLR, Chloe, 4-20H, East Fork,
• 35924, CLR, Chloe 3-20H1, East Fork,
• 35925, CLR, Chloe 2-20H, East Fork,