Daily Activity Report Posted A Day Late -- But Here It Is -- February 8, 2024

Locator: 46765B.

Note:

Neptune Operating LLC and Kraken Marketing LLC share the same address suggesting Neptune is a wholly-owned subsidiary of "Kraken" after the latter bought all of Bowline assets coming out of bankruptcy. Needs to be fact-checked

WTI: $76.40.

Five new permits, #40508 - #40512, inclusive:

• Operators: Phoenix Operating (4); Hess
• Fields: Burg (Divide); Big Butte (Mountrail)
• Comments:
• Phoenix has permits for four Daniele wells, NENW 26-160-99, 
• to be sited 520 FNL and between 2478 FWL and 2598 FWL
• Hess has a permit for an EN-McKenna well, lot 4, section 6-156-93; 
• to be sited 1308 FNL and 622 FWL

Six permits renewed:

• Oasis: all in Mountrail County; three Heron permits in Alger oil field; and, three Jammer permits in Cottonwood oil field;

Four producing wells (DUCs) reported as completed:

• 39297, 787, Slawson, Hunter Federal 1 SLH,
• 39921, 808, Oasis, Peters Road Federal 5401 41-30 2B,
• 39922, 796, Oasis, Peters Road Federal 5401 41-30 3B,
• 40024, 602, Oasis, Peters Road Federal 5401 41-30 4BX, 

Well of interest:

• 24742, 911, Oasis, K2 Holdings 31-32HH, Todd, t5/13; cum 270K 7/23; off line (fracking to the north)

Two dry holes reported:

• 15675, dry, Cobra Oil & Gas, 20401 JV-P Lisa 1-H,
• 39371, dry, MRO, Thompson 44-20TFH,

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Coal

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Road To Germany

At least Germany isn't replacing nuclear with coal. LOL. 

Speaks volumes.

The deindustrialization of Germany: