Saturday, December 9, 2023

Daily Activity Report -- Friday, December 8, 2023

Locator: 46266B.  

WTI: $71.23.

Active rigs: 40.

No new permits.

Three permits renewed:

  • CLR: two Thronson permits and one Sorenson permit, Alkali Creek, Mountrail County;

Three producing wells (DUCs) reported as completed:

  • 39329, 1,363, CLR, Arthur 7-12H1, Little Knife, npd;
  • 39330, 1,446, CLR, Arthur 8-12H, Little Knife, npd;
  • 39337, 1,214, CLR, Hegler 10-13H, Little Knife, npd;

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DAPL

Final comments due NLT December 13, 2023.

The USACOE threw in the towel; will let others decide.

The Corps issued its draft EIS in August, 2023, but instead of recommending reissuance of the easement, it listed five possible alternatives: 

  • denying the easement and abandoning the pipeline by removal
  • denying the easement and abandoning the pipeline in place
  • granting the easement with the same conditions as the previous easement
  • granting the easement with additional easement conditions
  • constructing and operating a pipeline reroute north of Bismarck 

Unrealized tax revenue “losses” forecasted for the 2023-2025 biennium based on the state’s assumptions:

  • Common Schools Trust Fund deposits - $49,531,955 
  • Foundation Aid Stabilization Fund deposits - $49,531,955 
  • Resources Trust Fund - $101,540,51
  • MHA Nation -$150,754,860 -- the Native Americans will lose three times what North Dakota schools combined will lose
  • Counties and Cities - $154,614,660
  • Legacy Fund deposits - $302,944,950
  • Strategic Investment and Improvements Fund - $351,652,405

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