Five New Permits; Four Permits Renewed -- March 27, 2025

Locator: 48384B.

Just Stop Oil: it just took a bit of adulting.  

Electricity rates: North Dakota with lowest residential electricity rates -- EIA -- link here. Rate per kWh, drops below ten cents. In January, 2025: 9.93 cents.

• top three:
• North Dakota: 9.93 cents
• second lowest: Nebraska -- 10.56 cents
• third: Idaho -- 10.82
• others of interest:
• Minnesota: 14.53 cents
• Texas: 14.68 cents
• Massachusetts: 30.08 cents
• California: 30.22 cents 
• Industrial:
• North Dakota: 7.30 cents (last year: 7.43 cents)
• Texas: 6.59 cents
• California: 19.36 (think LDCs)

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Back to the Bakken

WTI: $69.89.

Active rigs: 33.

Five new permits, #41745 - #41749, inclusive:

• Operators: Devon (4); CLR
• Fields: Wolf Bay (Dunn); wildcat (Divide County)
• Comments:
• CLR has a permit for a wildcat in Divide County, SESE 31-162-95; 
• to be sited 337 FSL and 650 FEL:
• Devon has permits for four Clark North wells, NWSE 28-147-92; 
• to be sited 2580/2443 FSL and 2210 / 2327 FEL.

Four permits renewed:

• Silver Hill, #38109 - #38112, inclusive, all LFM2 wells; Leaf Mountain, Burke County;