Five New Permits; Thirty-Five Permits Renewed; No DUCs Reported As Completed -- February 10, 2021

Director's Cut: scheduled to be released on Friday, February 12, 20212. 

Sunoco Products: raised its quarterly dividend to 45 cents. Was 43 cents.

Gasoline demand, link here:

Apple: led semiconductor buying last year (2020) --

• Apple remained the top semiconductor chip buyer in 2020 with 12% of the overall market
• Samsung was second with an 8% market share
• Huawei spent 23% less on the year compared to the over 20% gains for Apple ans Samsung due to the increased U.S. trade restrictions. The company still came in third with a 4% share
• Lenovo and Dell rounded out the top five with a 4% and 3.7% share, respectively.

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Back to the Bakken

Active rigs:

$58.41	2/10/2021	02/10/2020	02/10/2019	02/10/2018	02/10/2017
Active Rigs	15	55	63	58	35

Five new permits, #38141 - #38145, inclusive (scout tickets not yet posted):

• Operator: BR
• Field: North  Fork (McKenzie); Bear Den (McKenzie)
• Comments:
• BR has permits in North Fork, for four Ole wells in section 20-149-96, between 2267' FSL and 1938' - 2058' FEL;
• BR has one permit for an Olebully well in Bear Den, but also in the same NWSE section 20-149-96 as the other four wells; the Olebully well will be 2267' FSl and 1938' FEL

Thirty-five permits renewed:

• EOG (22): five Clarks Creek permits in McKenzie County; six Austin permits in Mountrail County; seven Ross permits in Mountrail County; three Liberty LR permits in Mounrail County; one Burke permit in Mountrail County;
• Petro-Hunt (8): one Kelly, one Kade, one Macey, and one Jeffrey permit, all in Divide County; one Marlyn, one Laura, one Bob, and one Maria permit, all in Divide County
• Petro-Hunt (3): two Jorgenson permits in Mountrail County; one Hurineneko permit in Billings County
• Whiting (2): two Niemitalo permits in Mountrail County;

And again, another day with no DUCs reported as completed.