WTI Jumps On Iranian Sanctions; OPEC Delay -- December 3, 2024

Locator: 44494B.

Tricare regional changes, link here.

Global warming:

Iran's energy shortage, link here:

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Back to the Bakken

WTI: jumps 2.7% today; up $1.84; trading at $69.94. On news that sanctions are hurting Iran, perhaps more than previously reported?

From Rigzone:

WTI: $69.96.

Active rigs: 36.

Five new permits, #41387 - #41391, inclusive:

• Operators: Hess (3); Grayson Mill, Petro-Hunt
• Fields: Ellsworth (McKenzie); Alger (Mountrail); East Tioga (Mountrail)
• Comments:
• Petro-Hunt has a permit for Jensen well SWSE 28-158-94, 
• to be sited 216 FSL and 1321 FEL;
• Grayson Mill (Devon) has a permit for a Clifford Bakke well, NENW 26-155-92; 
• to be sited 386 FNL and 1849 FWL;
• Hess has permits for two BW Barbar Ann wells and one BW Sharen Lynor well, NWNE 20-149-100; 
• to be sited 470 FNL and at the following distances FEL: 2636, 2603, and 2537.

Two permits renewed:

• Formentera Operations, two FLX4 wells, Burke County.

Five producing wells (DUCs) reported as completed:

• 40489, 669, Oasis, Lee S 5201 21-8 3B, McKenzie County;
• 40494, 820, Oasis, Lee S 5201 21-5 6B, McKenzie County;
• 40499, 667, Oasis, Lee S 5201 21-8 2B, McKenzie County;
• 40500, 690, Oasis, Lee S 5201 21-8 4B, McKenzie County;
• 40501, 762, Oasis, Lee S 5201 21-8 5B, McKenzie County;

Change of operator: about 30 wells from Kaiser-Francis Company to Morningstar Operating; all in Stark County.