Monday, September 8, 2025

Daily Activity Report -- September 8, 2025

Locator: 49042B.

Today's factoid:

Texas's nominal GDP was approximately $2.7 trillion in 2024, making it the eighth-largest economy in the world. This figure places Texas ahead of countries like Russia and Canada and represents more than 9% of the total U.S. GDP. GDP of:

  • California: $4.1 trillion
  • Italy: $2.373 trillion
  • Canada: $2.241 trillion
  • Russia: $2.174 trillion
  • Mexico: $1.853 trillion
  • Spain: $1.723 trillion
  • Egypt: $389 billion

NASDAQ: closed at a record high today. 

Dow: 0.6% from a new record high. Needs to be fact-checked.  

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Back to the Bakken

WTI:

Active rigs: 33.

Four new permits, #42281 - #42284, inclusive:

  • Operator: Formentera Operations
  • Field: Noonan, Divide County
  • Comments:
    • Formetera Operations has permits for four Fonda wells, NENW 23-162-95 and NWNE 23-162-95; 
      • to be sited 372 FNL and 2565 / 2611 FWL

Two permits renewed:

  • MRO: Shell USA (#38472) and Elva USA (#38474), McGregroy Buttes, Dunn County.