BR Reports A Completed DUC With A Big IP In Pershing Oil Field -- March 12, 2024

Locator: 46736B.

"Goldilocks" or the gilded age? This, the following, despite Boeing stock crashing and Apple foundering / floundering. S&P notches 17th record close in 2024, up 1.1%.

Something to think about: could Boeing (the metonym) throw the US into a recession? Those folks  thinking a “soft landing” is no better than 50/50 never factored in an airline / airplane manufacturing sector in a tailspin or death spiral. Boeing in big trouble.

Movies: The WSJ review. I find it amazing that "folks" have not pointed out "the elephant in the room" with regard to this film. But this is not a movie site, so we will move on.

Not sexually explicit, so rules UK regulators regarding a Calvin Klein ad. Link here.

Cava: the one California restaurant that isn't raising prices. Link here. 

Welcome relief: link here.

Basel III: link here. Wonky. The only way I will know what this is all about -- does Jamie Dimon support it? That's it. This is all I need to know:

Basel III: and Pocahontas?

Investing: due to family commitments I missed the afternoon trading segment. Holy mackerel, it looks like tech took off again.

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Back to the Bakken

WTI:

Active rigs: 37.

Two new permits, #40581 - #40582:

• Operator: KODA Resources
• Field: Fertile Valley (Divide County)
• Comments:
• KODA Resources has permits for two Stout wells, SESW 18-160-102,
• both to be sited 655 FSL with one 1903 FWL; and,
•  the other 1938 FWL

Eleven permits renewed:

• Crescent Point Energy (6): CPEUSC Dorothy, McQuarters, Walters, Suitor, and two Getzlaf permits; Little Muddy oil field; Williams County;
• BR (5): five Gorhhman permits, Bailey field, Dunn County;

One producing well (a DUC) reported as completed:

• 37934, 4,632, BR, Boxer 3A TFH, Pershing, no production data, frack data not scanned in at NDIC; if the 4,632 IP is accurate, that's a huge IP for a BR well.

The map:

Well of interest:

• 17393, 600, BR, Boxer 21-6H, t3/10; cum 309K 8/23; off line as of 9/23;

A couple of other wells sited in that area:

• 37929, loc/drl, BR, Parrish 3A TFH, Pershing,
• 37926, loc/drl, BR, Boxer 2C TFH, Pershing,
• 37931, loc/drl, BR, Parrish 3B MBH, Pershing,
• 37940, conf, BR, Boxer 4B TFH, Pershing, no production data,