Locator: 49260DOD.
Government shutdown: looks like investors unfazed -- the general public is also unfazed -- which suggests they're looking forward to some mass firings. RIFs. Reductions in force. Perfectly legal. Dow closes at record high going into a government shutdown. The S&P 500 has a winning month.
Tracking: the blog has more viewers than the number of those watching Hakeem Jeffries, the leader of the Democratic Party. Link here.
Fact: the 750,000 Federal government workers know exactly what this government shutdown is all about, and not one in a hundred will support being furloughed so that illegal immigrants can continue to receive subsidized American healthcare. Not one in a hundred. If the government isn't fully funded by next Monday, October 6, 2025, I'll be surprised.
Hegseth: I think this summarizes everything wrong with the senior officers in the US military these days -- "Could have been an e-mail," one of the generals. My hunch: he won't say that to Hegseth directly.
Holy mackerel: it's being reported that Harvard University caved and will pay the Trump administration $500 million.
NVDA: was up almost $5 / share today. Market cap: $4.5 trillion.
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Back to the Bakken
WTI:
Active rigs: 33.
Four new permits, #42354 - #42357, inclusive:
- Operators: Formentera Operations (2); Phoenix Operating (2):
- Fields: Foothills (Burke County); Kittleson Slough (Mountrrail County);
- Comments:
- Formentera Operations has permits for two wells:
- The Great, NENW 25-162-94, 400 FNL and 2244 FWL:
- FTH, SESW 22-161-92, 449 FSL and 2368 FWL
- Phoenix Operating has permits for two Pladson wells, SESE 33-158-91;
- to be sited 425 FSL and 1190 / 1250 FEL.
Permitted for recompletion:
- 09067, A, Galaxy Oil, Toftness 9-8, NESE 08-159-95; Williams County; Sauk oil field; t3/82; cum 77K 7/25; Bakken, minimal production; Duperow, dry; Madison, dry.; taken off line 7/24; back on line 6/25; a stripper well; 20 bbls / month;
Six permits renewed:
- Enerplus: 26209, Christine Joe, Climax oil field, Williams County;
- Murex: four permits --
- 29953, Evar P. Skari, Sandrocks, McKenzie:
- 41155, DD-Garrett Jay, Tioga, Burke County;
- 41156, DD-David Daniel, Tioga, Burke;
- 41157, DD-Stacy Carl, Tioga, Burke.
Four permits canceled:
- Hess, #41863 - #41866, inclusive; BW-KKMP ad BW-ABM permits; McKenzie County;
One producing well (a DUC) was reported as completed:
- 36621, 739, BR, West Kellogg 2B-UTFH, McKenzie County;
