Thursday, January 30, 2025

Six New Permits; 24 Permits Approved For Confidential Status; Three Permits Renewed; Two DUCs Reported As Completed -- January 30, 2025

Norway. Link here. Think about it.  Political crisis in Norway due to high electricity prices. One word: EVs. And folks in the US are complaining about the price of eggs. LOL.

CVX? Wow! Did they just increase their dividend. Just after analysts E&Ps don't have the cash to pay current dividends. LOL. Link here.

Only thing I have to say today, link here. What a doofus:

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Back to the Bakken

Locator: 48445B.

WTI: $73.16.

Active rigs: 37.

Six new permits, #41566 - #41571, inclusive:

  • Operators: Oasis (4); Empire North Dakota; Phoenix Operating
  • Fields: Indian Hill (McKenzie); Starbuck-Madison Unit (Bottineau); Noonan (Divide); and, Indian Hill (McKenzie)
  • Comments:
    • Phoenix Operating has a permit for a Gopher well, NWSW 33-162-93, 
      • to be sited 2299 FSL and 450 FWL; 1920-acre spacing, section 33 / 34 / 35-162-95;
    • Empire North Dakota has a permit for a Starbuck well, SENW 32-161-78, 
      • to be sited 2475 FNL and 1810 FWL; spacing unit: Starbuck-Madisin. unit;
    • Oasis has permits for four Dolls Daisy / Dolls Daisy Federal wells, lot 3, section 31-153-101; 
      • to be sited 1475 / 1574 FSL and 625 FWL

Twenty-four permits / wells approved for "confidential" status:

  • Oasis: 9
  • Enerplus: 15

Three permits renewed:

  • Murex: Barrett Leigh, Michael Douglass, and Patricia Ann (#24797, #24889, #24890).

Two producing wells (DUCs) reported as completed:

  • 36830, 2,232, XTO, Muller 31-12DXA, Williams County;
  • 36831, 2,693, XTO, HBU Muller 31X-12H, Williams County.

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