Locator: 48043B.
Four big stories today:
Active rigs: 36.
Four big stories today:
- economic: US economy slowing; did the economy hit a wall? GDP dropping; deflation; auto glut;
- Ukraine: Biden to allow Ukraine to launch US missiles against military targets inside Russia; and,
- WTI plunges: OPEC+; global economy; gasoline prices falling fast in north Texas
- US electricity demand to continue to grow-- EIA.
Blogging: because of family commitments, blogging will be minimized, delayed.
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Back to the Bakken
WTI: $74.22.
Active rigs: 36.
Three new permits, #40804 -- #40806, inclusive:
- Operators: Hess (2); Oasis
- Fields: Robinson Lake (Mountrail); Indian Hill (McKenzie);
- Comments:
- Hess has permits for two EN-Horst wells, SWSW 10-154-93; to be sited at 391 FSL and 431 FWL; and, 391 FSL and 464 FWL;
- Oasis has a permit for a Behan Federal well, spacing unit, sections 17/20/29-153-101, to be sited 536 FSL and 1660 FWL in section 29-153-93;
Change of operator:
- 17352, Kvamme 2 1-H, from Grayson Mill to Phoenix Operating
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