Locator: 45174B.
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Bidenomics
Two things.
One, in the old days, rule of thumb, Dow : S&P ratio = 10:1.
Lately, NASDAQ and S&P have been tracking. Today, almost exactly 10:1 -- NASDAQ : S&P.
Second, first time since 2017, Dow notched a nine-day rally.
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Back to the Bakken
WTI: $76.55.
Rigs: 39.
Four new permits, #40056 - #40059, inclusive:
- Operator: CLR
- Field: Catwalk (McKenzie)
- Comments:
- CLR has permits for four Brakken FIU wells, SENW 7-153-100,
- to be sited between 1861 FNL and 1993 FNL and between 1649 FWL and 1677 FWL
One permit renewed:
- 35228, Liberty Resources, Holmen E..., Gros Ventre, Burke County;
Four permits canceled:
- CLR: four Putnam permits, Williams County
Six producing wells (DUCs) reported as completed:
- 37948, 1,344, CLR, Brangus FIU 11-11H,
- 37951, 1,486, CLR, Brangus Federal 8-11H,
- 37953, 1,475, CLR, Brangus Federal 6-11H,
- 39010, 1,460, CLR, Rhoda 7-28H,
- 38448, 2,119, MRO, Rustad 44-9H,
- 35464, 1,297, Oasis,MHA 1-27H-150-92,
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