Seven New Permits; Devon Getting Active Again; Four DUCs Reported As Completed -- January 21, 2025

Locator: 44736B.

Big Oil:

• Chevron + Hess
• XOM + PXD

Trump trade: Trump pushes for early renegotiation of North American (Canada, Mexico) trade deals with emphasis on moving automobile manufacturing back to the states. Leverage? Tariffs. 

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Back to the Bakken

WTI: $75.89.

Active rigs: 31.

Seven new permits, #4150 - #41536, inclusive:

• Operators: Devon (6); CLR
• Fields: Todd (Williston, Williams); Banks (McKenzie)
• Comments:
• CLR has a permit for a Garfield Federal well, SESE 5-152-99, 
• to be sited 280 FSL and 16 FEL (that's about as close to the section line as I've seen)
• Devon Energy (Grayson Mill) has permits for six wells, SWSE 33-155-101: Orville, Charles, Borsheim (3), and Cherrey (sic); 
• to be sited 477 FSL and 2116 / 2236 FEL.

One permit renewed:

• 30568, Formentera Operations, LLC, Marauder 1324-5H, Blooming Prairie, Divide County.

Four producing wells (DUCs) reported as completed:

• 40747, 3,005, MRO, Sigrid 41-27H, Dunn County;
• 40776, 789, Koda Resources, Stout 2203-3BH, Divide County;
  
• 40777, 694, Koda Resources, Stout 2203-2BH, Divide County;
• 40778, 832, Koda Resources, Stout 2203-1BH, Divide County;