Locator: 48738B.
Note to readers: there is so much going on and I'm so busy, the full note may have to wait until midnight tonight.
Two big stories:
- tech,
- energy.
Driven by two other stories:
- Oracle; and,
- Iran.
Oracle earnings: link here.
On another note, AAPL was crushed after the Joanna Stern interview; can be seen on YouTube. I posted my comments to the YouTube video, a "cut and paste" from my notes on the blog.
Her interview was with "Craig and Greg" to discuss Apple's AI debacle. Apple's AI story is an incredibly good story, as it were, for folks like me. We'll talk about that later, also.
And then a personal story, "REAL ID" in Texas.
But more later.
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Back to the Bakken
WTI: $68.15. Up overnight but then surged during the day with news that President Trump has ordered non-essential US embassy personnel to leave Iraq, shall we say, immediately. WTI finished up $3.17 for the day; up almost 5%. My recommendation: find some good sites on "x" and stay tuned. This may be a good start. [After hours: up another 64 cents; trending toward $69.]
Active rigs: 32.
Six new permits, #41991 - #41996, inclusive:
- Operator: Hess
- Field: White Earth (Mountrail)
- Comments:
- Hess has permits for two EN-Edwards and four EN-Will Trust wells, all in NENW 27-157-94,
- to be sited 680 FNL and 2016 / 2214 FWL;
A spacing change for:
- 41487, Grayson Mill, Barbara 36-25F XW 1H, McKenzie County, previously, 1280-acre now, 2560-acre unit, sections 25 / 36 - 154-97 and sections 30 / 31 -154-96 -- which looks like a four-section square spacing unit, typical of such 2560-acre spacing units in the Bakken.
Four permits renewed:
- Lime Rock (3): three Harlan Rebsom permits, Murphy Creek, Dunn County;
- Silver Hill Energy, #40711, Tank E, Wheelock oil field, Williams County;