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Wednesday, July 10, 2024

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

Locator: 48102B.
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  • Reminder: I am inappropriately exuberant about the US economy and the US market, 
  • I am also inappropriately exuberant about all things Apple.    

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Late Afternoon News

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

Peak oil demand. Say what? 

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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.

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