Six New Permits; Two DUCs Reported as Completed - May 9, 2024

Locator: 47108B.

Investing: a DOW gain of 331 points was not on my bingo card today. 

• only sector that lost: tech
• utilities and energy: best sector? Needs to be fact-checked.

Gasoline demand, link here:

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Back to the Bakken

WTI: $79.69.

Active rigs: 38.

Six new permits, #40732 - #40737, inclusive:

• Operators: Kraken (3), True Oil (2), Empire North Dakota
• Fields: Antelope (McKenzie); Red Wing Creek (McKenzie); Starbuck (Bottineau)
• Comments:
• Kraken has permits for three Steen wells, NENE 13-149-101, 
• to be sited 1235 FEL and at 300 FNL, 333 FNL, and 366 FNL;
• True Oil has permits for two Williston Basin State wells, SENW 36-148-101,
• both to be sited 2569 FWL with one 2620 FNL and the other 2618 FNL
• Empire North Dakota has a permit for a Fat Penguin well, SWNE 29-161-78, 
• to be sited 2000 FNL and 2149 FEL;

Two producing wells (DUCs) reported as completed:

• 38010, 240, BR, CC Plymouth 31-29TFH, Dunn County;
• 40066, 3,104, MRO, Taylor 21-2H, Dunn County;