Friday, May 30, 2025

Devon Energy With Four Thunderbolt Permits In Squires Oil Field, Williams County -- May 30, 2025

Locator: 48727B.

US crude oil production: hits all-time record.

Loretta Swit: "M*A*S*H"; dies at age 87. My generation is starting to see our "contemporaries" pass. Very, very difficult to take but thankful for the opportunity to have lived when we did.

Anthropic: hits $3 billion in annualized revenue on business demand for AI.

Covid vaccination guidelines: CDC breaks with RFK, Jr., CDC recommends that children also get Covid vaccine, but nuanced -- up to parents and physicians, not just elderly and high risk as recommended by RFK, Jr. For the record, we've had worse secretaries of HHS but probably not (m)any as dangerous as RFK, Jr.

Steel tariffs: President Trump says he will double steel tariffs to 50%. Comes in light of proposed deal involving Nippon Steel and US Steel.

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Back to the Bakken

WTI: $60.79.

Active rigs: 33.

Five new permits, #41969 - #31973, inclusive:

  • Operators: Devon Energy (4); WGO Resources
  • Fields: Squires (Williams); Wildcat (Golden Valley)
  • Comments:
    • WGO Resources has a permit for a wildcat, NENE 17-138-104, Golden Valley, 
      • to be sited 306 FNL and 616 FEL;
    • Devon Energy has permits for four Thunderbolt wells, SWSW 10-155-10, 
      • to be sited 1246 / 1336 FSL and 378 FWL