Holy Mackerel! WTI Spikes -- Due To Biden's Last-Minute Sanctions? If So, He Knew It All Along; Now Leaving It UP For Trump; "Drill, Baby, Drill" Will Open New Plays -- January 15, 2025

Locator: 44688B.

Anduril Industries: something to watch. At wiki.

Profits: link here.

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Back to the Bakken

WTI: $80.04. Up $2.54; up 3.28%. I mentioned the STEO report on the blog this morning; in addition, CPI numbers were released. History WTI here.

Active rigs: 32.

Five new permits, #41517 - #41521, inclusive:

• Operators: MRO (4); Hess.
• Fields: Bailey (Dunn County); Ellsworth (McKenzie)
• Comments:
• Hess has a permit for a BW-Cushing well, SWNW 33-149-100; 
• to be sited 2070FNL and 1176 FWL, 1920-acre spacing; 33 / 34 / 35 - 149-100;
• MRO has permits for four Bailey oil field wells: Patton, Partridge, Clawson, and Semerad; lot 4, section 7-145-93; and, Patton
  
• to be sited 497/498 FSL and 1098 / 1218 FWL;
• spacing (see disclaimer; I often make typographical errors):
• Patton: sections 1 / 12 - 145-94;
• Partridge: sections 13 / 24 / 25 / 36 - 145-94
• Clawson: sections 13 / 24 / 25 / 36 - 145-94 and sections 18 / 19 / 30 /31 - 145-93
  
• Semerad: sections 18 / 19 /30 / 31 - 145-93
  

With regard to the MRO permits, this map:

Two permits renewed:

• Silver Hill Energy Operating, LLC: one Maple Leaf permit and one Avalanche permit, both in Leaf Mountain oil field; Burke County.

Three producing wells (DUCs) reported as completed:

• 39149, 560, Petro-Hunt, USA 146-97-29B-32-1H,
• 39150, 645, Petro-Hunt, USA 146-97-29B-32-2H,
• 39151, 733, Petro-Hunt, USA 146-97-29A-32-3H,

Six Zavanna wells renamed:

• five Sawyer wells are now Rennerfeldt wells;
• a six well, a Hereford well had a minor name change; is still a Hereford well.