Monday, August 11, 2025

Enbridge -- ENB -- Hits A 52-Week High; In The Bakken: Three New Permits;Three Permits Renewed; Three DUCs Reported As Completed -- August 11, 2025

Locator: 48827B. 

BRK, link here, does anyone care any more?

Microsoft's market cap every August since going pubic. Link here.

Japan: the Nikkei 225 hit a record high today.

Not on my radar scope today. I've always considered Enbridge a $30-stock. Wow, I hadn't looked at ENB in a long time, until recently. A year ago, $40? Pays almost 6 percent.

Meanwhile, link here, Cisco. [Later: hits a 52-week high].

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Back to the Bakken

WTI: $64.18.

Active rigs: 33.

Three new permits, #42201 - #42203, inclusive:

  • Operator: Rockport Energy
  • Field: Ranch Creek (McKenzie)
  • Comments:
    • Rockport Energy has permits for two Merritt wells and one Annie well, NENW 18-146-98, 
      • to be sited 335 FNL and 1168 / 1307 FWL.

Three permits renewed:

  • XTO: Abby Federal and two Ernest Federal permits, Haystack Butte, Dunn County;

Three producing wells (DUCs) reported as completed:

  • 35584, 1,995, XTO, Halverson 13X-33BXC, Williams County;
  • 41204, 634, Silver Hill Energy, Ringneck W 159-94-11-23-2MBHX, Burke County;
  • 41250, 956, CLR, Thronson FIU 11-28H2, Mountrail County;