Monday, December 9, 2024

Oracle Slumps After Missing Bottom Line By One Penny; In The Bakken, Six New Permits; And, Four Ducks Reported as Completed -- December 9, 2024

Locator: 48360B.

Oracle: comments and guidance are incredible. Buying opportunity tomorrow? You betcha.

BRK-B: ouch!!!

My new avatar for Bluesky

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Back to the Bakken

After an 11-day hiatus, Dallas Cowboys play at home tonight. The Cowboys will host the Cincinnati Bengals.

WTI: $68.17.

Active rigs: 38.

Six new permits, #41406 - #41411, inclusive:

  • Operators: Enerplus (3); Murex (2); MRO.
  • Fields: Bailey (Dunn); Tioga (Burke); McGregory Buttes (Dunn).
  • Comments:
    • Murex has permits for two wells, a Ms-Julia Aristotle well and a Ms-Melanie Suzette well, lot 4, section 31-159-94, 
      • both to be sited 360 FWL with one 340 FSl and the other 370 FSL.
    • MRO has a permit for a Jesse well, lot 2, section 5-145-93, 
      • to be sited 699 FNL and 2429 FEL;
    • Enerplus has permits for three wells; the Crying Tree well, SWSE 8-147-97, 
      • to be sited 917 FSL and 1596 FE; 
      • and also has permits for two more wells, Foal and Zebra, lot 2 section 3-148-994, to be sited 945/944 FNL with one 2009 FE: and the other 2058 FEL.

Four producing wells (DUCs) reported as completed:

  • 37938, 100, BR, Parrish 4C TFH,
  • 40413, 1,564, CLR, Hellikson Paluck 2-25H,
  • 40414, 1,723, CLR,  Urban 2-36H,
  • 40534, 4,209, MRO, Decorah 44-10TFH, Dunn County.

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  • 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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  • Reminder: I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
  • Longer version here

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