Four New Permits; Global Oil Consumption Hits Historic Milestone -- July 10, 2024

Locator: 48102B.

****************

Disclaimer Briefly Reminder

• I am inappropriately exuberant about the US economy and the US market, 
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
• Reminder: I am inappropriately exuberant about the US economy and the US market, 
• I am also inappropriately exuberant about all things Apple.    
  

****************************
Late Afternoon News

Costco: to raise its membership fees. For most, $60 to $65.

Peak oil demand. Say what? 

****************************
Back to the Bakken 

WTI: $82.40.

Active rigs: 38.

Four new permits, #40912 - #40915, inclusive:

• Operators: BR (2), Hess, Rockport Energy Solutions
• Fields: Elidah (McKenzie); Dollar Joe (Williams); Ranch Creek (McKenzie)
• Comments:
• BR has permits for a Cleetwood well and a Phantom Ship well, both SWSE 22-152-97;
• one to be sited 836 FSL and 2247 FE: and, the other 708 FNL and 1197 FEL; both in spacing unit sections 15 / 22 / 27 / 34-152-97;
• Hess has a permit for a GO-Layton well, lot 4, section 18-156-97; 
• to be sited 385 FSL and 939 FWL; spacing unit: sectioins 19 / 30 / 31-156-97;
• Rockport Energy has a permit for an Annie well, NEne 18-146-98, 
• to be sited 365 FNL and 1197 FEL; spacing unit: sections 6 / 7-146-98;

One producing well (a DUC) reported to be completed:

• 30914, 132, BR, Curtis 14-9 MBH, McKenzie County; no production data; the BR Curtis wells are tracked here.