Tuesday, May 20, 2025

Seven New Permits -- May 20, 2025

Locator: 48665B.

Phoenix-Taipei connection: link here.

Thanks to Phoenix's growing significance in high-tech industries, such as advanced chip manufacturing.

Taiwan’s Starlux Airlines is looking to launch a new nonstop flight between Taipei and Sky Harbor International Airport as early as February. Travel between Phoenix and Taipei "increased fivefold" in the last five years, attributed to the growth in metro Phoenix's semiconductor manufacturing industry, anchored by the massive Taiwan Semiconductor Manufacturing plant in north Phoenix.

Metro-Phoenix has been dubbed the “Silicon Desert" by influencers.

Electrified vehicles

Choices:

  • HEV
  • PHEV
  • EV
  • sweet spot for manufacturers and consumers: HEVs and PHEVs
  • Toyota's RAV4: all models will now be electrified: HEVs and PHEVs; no pure EVs; link here.
    • the top-selling SUV in the United States
  • for purists, HEVs and PHEVs are "fake" EVs but consumers don't care; they're getting better mileage with downside.

Exhibit A: Honda. Link here.

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Back to the Bakken

WTI: $62.56.

Active rigs: 32.

Seven new permits, #41934 - #41940, inclusive:

  • Operators: XTO (6); Phoenix Operating
  • Fields: Grinnell (Williams County); Skabo (Divide County)
  • Comments:
    • Phoenix Operating has a permit for a Woods well, SESW 35-160-98; 
      • to be sited 410 FSL and 1947 FEL;
    • XTO has six permits for GBU Zeus Federal / GBU Zeus wells, SWSE 8-154-95, 
      • to be sited 1000 / 1180 FSL and 2225 FEL.

Two producing wells (DUCs) reported as completed:

  • 40665, 1,208, CLR, Sandhill 7-24HSL, Williams County:
  • 40673, 1,889, CLR, Carpenter 5-13H, Williams County;

Permits canceled:

  • it appears Hess permits for three BL-Odegaard wells, NWNE 28-156-95, Williams County, were canceled;