Locator: 48507B.
Focus on dividends: ET (Energy Transfer) raises its dividend a couple of pennies.
Director's Cut, February, 2025, director's cut, released April 24, 2025. Link here.
Most interesting data point: state, number of active rigs, amount of crude oil produced per day yielding a ratio:
- Texas: 274 rigs ---> 5.584 million bbls of crude oil / day --> 20,379.
- New Mexico: 100 rigs --> 2.060 million bbls of crude oil / day --> 20,600.
- North Dakota: 32 --> 1.16 million bbls of crude oil / day --> 36,250.
Effective, efficient, higher TOC.
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The End-Of-Day Bakken Report
WTI: $62.86.
Active rigs: 30.
Five new permits, #41843 - #41847, inclusive:
- Operators: Hunt (3); BR (2)
- Fields: Vanville (Burke); Elidah (McKenzie)
- Comments:
- Hunt has permits for three Kandiyohi wells, lot 6, section 160-90-32,
- to be sited 525 FSL and 1908 /1878 / 1848 FWL;
- BR has permits for two Rolla wells, SWNW 9-151-97;
- to be sited 1815 FNL ad 659 / 691 FWL.
Eight permits renewed:
- CLR: eight McClintock permits, SESW 13-156-95; Pleasant Valley oil field, Williams County;
One producing well (a DUC) reported as completed:
- 37976, 0, BR, Concord 3A, Dunn County;