Dow Closes Above 35K For The First Time Ever -- July 23, 2021

Dow closes above 35,000 for first time.

S&P: up 4.5% since Monday low; at new all-time high;

WTI: $72.17

Reminder: "OPEC basket" link here.

Next "Fed" chair: talking heads suggest Lael Brainerd will be next "Fed" chairperson. She is an Obama appointee and has an impeccable record. A centrist along with Jay Powell.

• wiki link here;
• dovish or hawkish:

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Back to the Bakken

Active rigs:

$72.08	7/23/2021	07/23/2020	07/23/2019	07/23/2018	07/23/2017
Active Rigs	23	12	57	66	58

Three wells coming off confidential list -- Friday, July 23, 2021: 10 for the month, 10 for the quarter, 190 for the year:

• 37889, conf, Petro-Hunt, State 158-91-16C-9-3H, Kittleson Slough, producing, NDIC has not posted new results;

Date	Oil Runs	MCF Sold
5-2021	9297	0
4-2021	2088	0

• 37259, conf, Nine Point Energy, S Missouri 152-103-4-2-9H, Eightmile, producing, NDIC has not posted new results;

Date	Oil Runs	MCF Sold
5-2021	20744	19094
4-2021	20346	24159
3-2021	16359	3526
2-2021	20492	16630
1-2021	2567	3721

• 35562, conf, Liberty Resources, McGinnity E 159-93-31-30-4TFH, Northwest McGregor, producing, NDIC has not posted new results;

Date	Oil Runs	MCF Sold
5-2021	10622	27935
4-2021	14602	22839
3-2021	18304	18006
2-2021	20132	19355
1-2021	1613	26

Six new permits, #38438 - #38443, inclusive:

• Operator: Hess
• Field: Baskin (Mountrail), Sorkness (Mountrail)
• Comments:
• Hess has permits for two EN-Farhart wells and four EN-Sable wells;
• the EN-Farhart wells will be in SESE 35-157-93; sited between 1047' and 1113'  FSL and 456' FEL
• the EN-Sable wells will be in SESE 35-157-93; sited between 1146' FSL and 1245' FSL and 456' FEL;
• in other words, the six wells will be sited on the same pad, but four will be running in one direction, and the other two will be running in the opposite direction;

Three permits renewed:

• Crescent Point Energy: a CPEUSC Claire Rose permit in Williams County;
• CLR: a Pasadena Federal permit in McKenzie County;
• Enerplus: a Wallaby permit in McKenzie County;