End-Of-Day Report — February 27, 2025

 Locator: 48431B.

Burgum: "we're not in an 'energy transition" environment; we're in an 'energy addition' environment.

Mexican cartels:

• four years of Biden. Nothing. 
• four weeks of Trump. 30 bad guys including one the US has waned for forty years. 
• link to The New York Times.
• Victor Davis Hanson was correct: Biden really did destroy this country. 
• other than send money to Zelenskyy, what did Biden do? 

Saskatchewan: pre-approves all pipelines through its territory. 

Italy: plans $3 billion aid package due to high energy prices. 

Tariffs: to take effect as planned, March 4, 2025 -- President Trump.

****************************

Back to the Bakken

WTI: $70.35.

Active rigs: 33.

Three new permits:

• Operator: Petroshale
• Field: Eagle Nest (Dunn County)
• Comments: 
• Petroshale has permits for three Helen wells, NWNW 9-148-94, 
• to be sited 721 / 761 FNL and 563 / 607 FWL.

One permit renewed:

• 27804, loc, Formentera Operations, Skjermo, Divide County

Four producing wells (DUCs) reported as completed:

• 38940, 653, CLR, Harms West Federal 5-32H2,
• 38941, 653, CLR, Harms West Federal 6-32H,
• 38941, PNC, CLR, Harms Federal 6-32H,
• 38943, 2,683, CLR, Harms West Federal 8-32H,
• 38944, 1,384, CLR, Harms West Federal 9-32H2, 

The map shows the following:

• 38940, CLR, Harms West Federal 4-32H, 
• 39841, CLR, Harms Federal 5-32H2, 
• 38942, CLR, Harms Federal 6-32H, Elm Tree,
• 39839, 2,683, CLR, Harms Federal 8-32H,
• 39844, 1,384, CLR, Harms West Federal 9-32H2, 

• 38943, Kraken, Antelope 4-32-29H, Sather Lake, 
• 38944, Kraken, Antelope 5-32-29H, Sather Lake,