Only One New Permit; Devon Acquires Rimrock's Wells -- October 11, 2022

My "Disney" portfolio: I've mentioned this on the blog before. 

Prices for Disneyland (California) and Disney World (Florida) require some planning at this end. Our younger daughter wants to take her two-year-old twins to Disneyland (California) when they turn eight years old. When I heard that, I immediately opened a Schwab account which I refer to as "our Disney" fund. Doing the math, I figured $100 each month in an investment portfolio with Schwab over six years would be more than enough to fund their "Disney" trip. But then, I decided to put $200 in each month, $100 per grandson. 

Today, a reader sent me a note that Disney had raised their prices -- at Disneyland, according to the Los Angeles Times. It appears that $200 / month for one or two months will easily cover the price increases. We're still on track. No need to increase the monthly allotment. Note: to date, the "Disney" investment portfolio is doing very, very well, and no Disney (DIS) shares are in that portfolio.

Meanwhile, the parks seem to be doing well:

Walt Disney Co. doesn’t break out individual park’s financial performance, but in the quarter that ended July 2, Disney parks, experiences and products generated $7.4 billion in revenue, compared with $4.3 billion in the same quarter last year.

The division reached $2.2 billion in operating income for the quarter, compared with $356 million a year earlier.

“Operating income growth at our domestic parks and experiences was due to higher volumes and increased guest spending.

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Back to the Bakken

Active rigs: 41.

WTI: $88.57.

Natural gas: $6.605.

One new permit, #39299:

• Operator: Slawson
• Field: Big Bend (Mountrail County)
• Comments: 
• NWNWW 29-152-92, 
• to be sited 320 FNL and 1270 FWL

Eight permits renewed:

• Sinclair (6): one Nelson permit in Mountrail County; two Yauch permits in McKenzie County; one Porcupine permit, one Olson Federal permit, and one Crosby Creek, all in Dunn County
• Petro-Hunt: a Mongoose permit in McKenzie County
• Slawson: one Bazooka permit in Mountrail County;

Three producing wells (DUCs) reported as completed:

• 38777, 670, Hunt, Palermo 156-90-5-23H 4,
• 38695, 1,001, Lime Rock Resources, Behr 16-21 2H-LL-155-91,
• 35150, no data, XTO, Bullberry Federal 24X-2H2,

From yesterday:

• Eleven permits renewed:
• Petro-Hunt (7): two Arsenal Federal, two Mongoose, and three Clark Griswold Federal permits, all in McKenzie County
• BR: one Abercrombie permit in McKenzie County;
• Resonance: one Resonance Green permits in Bottineau County;
• Zavanna: one Shepherd SWD permit in Williams County;
• Grayson Mill: one Banks SWD in McKenzie County;
• Change of operator: from Rimrock Oil & Gas to WPX Energy, about 250 wells; see this post.
  
• almost all in Dunn County;
• a handful in McKenzie County