Friday Night -- Whoo-Hoo! April 26, 2024

Locator: 46875B.

Market at the close:

For the archives -- what's going on that affected the market today:

• some tech stocks reported great earnings; GOOG announces a dividend for the first time;
• personal consumption expenditures "price index" seems to be plateauing in the 2.8 - 3.0% range; possibly increasing; resilient American economy (Americans keep spending)
  
• GDP estimate, GDPNow, for 2Q24, jumped from 1.6% actual 1Q24 to 3.9% estimate 2Q24
• relatively quiet in the Mideast; though more and more it appears that Israel is yet to move into southern Palestine (Rafah) to clear out Hamas
• analysts pretty much agree that any "rate cut" in 2024 is getting less and less likely

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Back to the Bakken

WTI: $83.85.

Active rigs: 40.

Two new permits, #40701 and #40702:

• Operator: Grayson Mill
• Field: South Tobacco Garden (McKenzie)
• Comments:
• Grayson Mill has permits for two Skaar wells, NWNE 15-150-99; 
• both to be sited 1519 FEL with one sited 447 FNL and the other 347 FNL

Eight permits renewed:

• CLR: eight McClintock permits, NENE 24-156-95 and SESW 13-156-95, Pleasant Valley, Williams County;

Four producing wells (DUCs) reported to be completed:

• 37921, n/d, BR, Parrish 2B TFH,
• 39908, 668, Oasis, Andrews Federal 5304 12-24 2B,
• 39909, 98, Oasis, Andrews Federal 5304 12-24 3B,
• 39910, 98, Oasis, Andrews Federal 5304 12-24 4BX,