MRO With Two New Permits -- April 18, 2023

Locator: 44412B.   

JNJ: this morning I suggested that JNJ might announce an increase in its dividend today, and it did. Whoo-hoo. Up 5%. 

Fed pause: some folks are already talking about a "Fed pause." Whoo-hoo. I might come back to this and just ramble a bit. 

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Back to the Bakken

Active rigs: 45.

WTI: $80.91.

Natural gas: $2.371.

Two new permits, #39827 - #39828, inclusive:

• Operator: MRO
• Field: Killdeer (Dunn County)
• Comments:
• MRO has permits for a Cournoyer well and a Leona well, NWNW 17-145-94; 
• the former to be sited 464 FNL and 270 FWL; and the Leona well to be sited 544 FNL and 273 FWL.

Two producing wells (DUCs) reported as completed:

• 35189, no IP test, XTO, Hoffmann Federal 21X-6H,
• 37014, 462, CLR, LCUU Rallph 3-27H1,