Locator: 48758B.
Trump's tariffs: if things stand the way the headlines are now being written, it's pretty much a sure thing, Canada is headed into a recession. The odds that this carries the global economy into a recession have just increased.
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Back to the Bakken
WTI: President Trump getting his wish (lower gasoline prices) -- oil drops almost 3% today. Trading at $67.33.
Active rigs: 31.
Three new permits, #42172 - #42174, inclusive:
- Operator: Devon Energy
- Field: Tobacco Garden (McKenzie County)
- Comments:
- Devon Energy has three new permits, SESW 11-150-99,
- to be sited 401 / 461 FSL and 147/148 FWL.
Two permits renewed:
- Kraken: two Bear Butte permits, Bear Butte oil field, McKenzie County;
Seven permits canceled:
- CLR: all in Williams County;
- two Salem permits;
- two Sacramento permits;
- two Vera permits;
- one Langved permit
Five producing wells (DUCs) reported as completed:
- 37575, 769, BR, Keene 31-2 TFH, Dunn County;
- 40200, 7,151 (has to be a typographical error -- maybe not -- see below), BR, Nordeng 2A MBH, McKenzie County;
- 40619, 393, Koda Resources, Amber 1336-7BH, Divide County;
- 40620, 376, Koda Resources, Amber 1336-8BH, Divide County;
- 41203, 410, Ringneck W 159-94-11-24, Burke County;
Well of interest:
- 40200, 7,151 (has to be a typographical error -- maybe not), BR, Nordeng 2A MB, McKenzie County; Elidah oil field;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 5-2025 | 15 | 24011 | 24263 | 2052 | 64185 | 63436 | 718 |
| BAKKEN | 4-2025 | 30 | 66827 | 66489 | 24271 | 168772 | 166700 | 1975 |
| BAKKEN | 3-2025 | 0 | 0 | 0 | 0 | 17234 | 16724 | 383 |
