Crawdad Season In Texas; Iron Oil Operating With Two New Permits -- January 19, 2023

Wow, wow, wow -- the one movie I cannot watch -- Dr Zhivago.

And now, on TCM, Dr Zhivago.

I will watch what I can. 

Sad beyond belief. David Lean, Carlo Ponti -- only they could have made this movie.

On a more pleasant note: crawdad season in Texas is officially open. Locally, it opened on/about January 17, 2023.

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Back to the Bakken

Biggest surprise today: WTI back over $80 despite EIA data. Again, the markets are looking six months out.

Active rigs: link here.

WTI: $80.76.

Natural gas: $3.216.

Analysis of the Bakken: link here.

Two new permits, #39575 - #39576, inclusive:

• Operator: Iron Oil Operating
• Field: Buffalo Wallow (McKenzie County)
• Comments:
• Iron Oil has permits for two Buffalo weells in WNW 17-148-100, 
• to be sited 457 FNNL and one weell 579 FWL and one well 629 FWL.

Six permits reneweed:

• EOG (4): three Austin permits in Mountrail and one Wesst Clark permit in Clarks Creek;
• CLR (2): one Lundberg Federal permit (Dunn) and one Salem permit, Williams County;

One canceled permit:

• 31479, PNC, Sinclair, Ocasek 18-19-1H, McKenzie County; Lone Butte.

One producing well (a DUC) reported as completed:

• 37862, 856, CLR, Clear Creek Federal 12-34H1, Westberg, t--; cum 6K after nine days;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2022	9	5721	5442	13675	12054	11300	754
BAKKEN	10-2022	3	96	96	753	200	0	200