We All Survived The First Day Of Trading For 2022 -- Congratulations! January 3, 2022

Twitter: I've had a twitter account for a long, long time and I only post Bakken-related material on that account. That will continue. But I am now on another "twitter-like" account and for the first time in a long time I feel wonderful and comfortable that I won't be kicked off that platform because of my posts. 

Roth vs traditional? Neither. Make sure you max out your company's "401" before considering Roth vs traditional. But if you are ready to decide whether to open a Roth or a traditional, or fund an existing Roth / traditional, without question: Roth. I've talked about this before. The consensus, it seems, is to go "with" the traditional IRA, but that is wrong on so many levels. Can't stress that enough. 

AAPL: something no one is reporting, but now a talking head on CNBC is mentioning it -- due to "huge" buybacks, the number of AAPL's outstanding shares have decreased significantly which puts a floor under the company's share price. At least that's the theory. See graphic.

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Back to the Bakken

Active rig list: Nabors B 05 (B5) still not showing up on active rig list. 

Active rigs:

$76.07	1/3/2022	01/03/2021	01/03/2020	01/03/2019	01/03/2018
Active Rigs	32	13	55	65	53

Three new permits, #38728 - #38730, inclusive:

• Operator: Kraken
• Field: Oliver (Williams)
• Comments: Kraken has permits for two Raymond wells and one Fairbanks well, all three on SESE 8-157-98; to be sited 340 FSL and between 325 FEL.

Three producing wells (DUCs) reported as completed (typo on the daily activity report -- Wallace, not Walace):

• 37360, 1,272, Kraken, Wallace 6-7 3H, Oliver, no production data,
  
• 37361, 1,611, Kraken, Wallace 6-7 4H, Oliver, no production data,
  
• 37362, 1,600, Kraken, Wallace 6-7 1H, Lone Tree Lake, no production data,