Back To The Bakken -- May 2, 2024

Locator: 47041B.

Investing / US equities: across the board, it seems analysts, panelists, talking heads are all bullish on oil.  They don't talk about energy much, but when they do, they have only good things to say about oil as an investment.

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Back to the Bakken

NOG: maintains 40-cent dividend.

WTI: $78.95

Active rigs: 39.

One new permit, #40716:

• Operator: Oasis
• Field: Eightmile (Williams)
• Comments: 
• Oasis has a permit for an Aune Federal wells, lot 3, section 30-153-102, 
• to be sited 2546 FNL and 373 FWL;

Five permits renewed:

• Foundation Energy: one Roosevelt permit and four Elkhorn Ranch Federal permits, all in Billings County;

Four producing wells (DUCs) reported as completed:

• 38688, 880, Slawson, Armada Federal 4 SLTFH,
• 39544, 3,031, Grayson Mill, Knight 35-26F XE 1H,
• 40147, 1,007, KODA Resources, Amber 1402-3BH,
• 40148, 1,026, KODA Resources, Amber 1402-1BH,