Wednesday, November 8, 2023

No New Permits; Three DUCs Reported As Completed -- November 8, 2023

Locator: 45997B. 

Drudge Report: between the lines --

  • Ukraine taking back-seat to Israel-Gaza
  • Israel trapping Hamas in tunnels -- Hamas talking hostage release in small numbers
    • small cells probably acting independently of Hamas leaders in Qatar
  • US politics
    • MAGA got slammed in off-year elections
    • abortion issue will decide 2024 presidential election
    • abortion issue: GOP tone deaf; outlier -- Texas, and a few other states
    • Virginia: bellwether state -- Dems take charge; MAGA-upset;
  • China
    • needs the US as Chinese economy implodes
    • chip embargo crippling China
    • "China ready to improve ties with US 'at all levels'"
    • "hostility drops sharply"
  • 5.3 magnitude earthquake hits TX -- I didn't feel it
  • Disney earnings mixed
    • CNBC paints rosy picture
    • Drudge Report not so much

***********************
Back to the Bakken

WTI: $75.33.

Active rigs: 34.

No new permits.

Three producing wells (DUCs) reported as completed:

  • 39186, 2,979, Grayson Mill, Jay 24-13F-4TFH,
  • 39188, 1,744, Grayson Mill, Jay 24-13F-2TFH,
  • 39295, 570, Slawson, Banshee 3-1H,

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