End-Of-Day Report -- February 18, 2025

Locator: 48582B.

Another win for DOGE. Link here.

The New York Times must be going nuts:

I've never had so much fun following political reporting as I'm seeing now.  

Whether one agrees with Trump or not, one has to admit he is fascinating to watch (or scary).

Other presidents were advised to talk softly but carry a big stick. Trump seems to only have heard half of that advice.

The interesting thing is that Trump is not doing anything new -- there may be some minor exceptions -- everything he has done / is doing has been done in the past by Clinton, Bush, Obama, Biden .... and best of all, by FDR and JFK.

Exhibit A: Obama cut hundreds of thousands of federal jobs; and, actually deported more illegal immigrants that Trump has so far (dynamic; needs to be fact-checked).

But legacy media is doing a great job reporting the "fails." But for every "fail, " Trump, et al, are scoring many, many wins.

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Back to the Bakken

WTI: $71.85.

Active rigs: 33.

Three new permits, #41619 - #41621, inclusive:

• Operators: Devon (2); BR.
• Fields: Ragged Butte (McKenzie); Elidah (McKenzie)
• Comments:
• BR has a permit for yet another Siverston well, SWSW 21-151-97, 
• to be sited 1815 FNL and 835 FWL; 1920-acre spacing: section 9/16/21-151-97.
• Devon has permits for two Sanders wells, SEE 33-151-101, 
• to be sited 350 FSL and 1010/1040 FEL: 1280-acre spacing, section 27/34-151-101.

Two producing wells (DUCs) reported as completed:

• 38102, 75, BR, Stafford 01-34TFH, McKenzie County;
• 38359, 822, Petro Hunt, Sherven Trust 153-95-27A-26-1HS, McKenzie County; sections 26/27-153-95; see this post.