For North Dakota Snowbirds Currently In Phoenix: Global Warming Smacks Bismarck; Nine New Permits -- March 29, 2023

WTI closes just below $73. How did the equity markets do?

Holy mackerel, not on my bingo card today:

• Dow up 323 points.
• NASDAQ: up 210 points.
• S&P 500: up 56 points.
• CVX: up $1.37; up 0.9%; trading at $160.86.
• COP: up $1.82; up 1.9%; trading at $99.75.
• PSX: up $1.50; up 1.5%; trading at $100.28.
• PXD: up $4.51; up 2.3%; trading at $202.28.
• DVN: up $1.22; up 2.5%; trading at $49.79.
• HES: up $3.4; up 2.6%; trading at $133.
• EOG: up $2.27; up 2%; trading $112.68.
• ENB: up $1.10; up 3%; trading at $37.82.
• EPD: up 16 cents; up 0.6% trading at $25.59.
• SRE: this $124 stock up $3.00; up 2%; trading at $148.45.
• AAPL: up $31.2; up 2%; trading at $160.77.
• TSM: up $1.95; up 2%; trading at $92.76.
• RIVN: up $1.28; up 10%; trading at $14.24.
• F: up 45 cents; up 4%; trading at $12.05.
  

From The Bismarck Tribune:

Cold weather that blanketed North Dakota early Wednesday set a record in Bismarck.

The overnight low plunged to minus 13 degrees, breaking the previous mark for the date of minus 7 degrees set in 1964, according to the National Weather Service. Normal for March 29 is a low of 24 degrees above zero.

Overnight temps plummeted as low as minus 20 degrees in Oakes and Rugby, according to the weather service. Linton had minus 18, and Steele and Glen Ullin minus 15.

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Back to the Bakken

Active rigs: 45.

WTI: $72.79.

Natural gas: $1.991.

Nine new permits, #39763 - #39771, inclusive:

• Operators: WPX (5); Marathon (4)
• Fields: Heart Butte (Dunn County); Lake Ilo (Dunn County); Bailey (Dunn County)
• Comments:
• WPX has permits for five Sarah Yellow Wolf wells, NENW 22-149-91; 
• to be sited between 916 FNL and 818 FNL and between 2293 FWL and 2407 FWL;
• MRO has permits for the following four wells -- Quincy, Middleton, Ebetoft, and Beverly, NWNE 18-145-93; 
• to be sited 432 FNL and between 1470 FEL and 1590 FEL.