Monday, October 6, 2025

The Bakken Today -- October 6, 2025

Locator: 49302B. 

Cramer's last hour: today's investment suggestion --

  • half your new money in ETFs;
  • the other half in five stocks, my five (Cramer's):
    • Nvidia
    • AMD
    • Amazon
    • CAT
    • Palantir 

See disclaimer below

 Flip-flop: for now, Trump won't lay-off government employees. Brilliant politician. He's going to let Congress own the shutdown, and more specifically, the Democrats. Ya gotta love politics. 

North Dakota tornado: link here.

EF: global EF5 tornadoes, list here.

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Back to the Bakken

Active rigs: 32.  

WTI: $61.99. Nice jump today; OPEC won't increase production as much as originally thought.

New wells reporting this next week. Link here.

RBN Energy: link here.

Today's blog over at RBN Energy is a must-read: New Mexico update -- Targa, Enterprise Products, and MPLX's sour-gas-related assets in the northern Delaware. Link here

Today's daily activity report:

Four new permits, #42374 - 42377, incluisve:

  • Operators: CLR (3); Hess
  • Fields: Ross (Mountrail); Ellsworth (McKenzie)
  • Comments:
    • Hess has a permit for one well, a BW-Cushing well, SWNW 33-149-100; 
      • to be sited 2004 FL and 1176 FWL;
    • CLR has permits for three Jean Nelson wells, SESE / SWSE 35-156-91, 
      • to be sited 450 FSL and 1263 / 1327 FEL.

One permit renewed:

  • 40248, Grayson Mill, Tufto 18-19 FH; Cow Creek, Williams County;

One producing well (a DUC) reported completed:

  • 41339, 995, MRO, Mimee 14-7TFH, Dunn County; 

Friday's daily activity report:

Three new permits, #42371 - #42373, inclusive:

  • Operators: KODA Resources, Kraken;
  • Fields: Daneville (Divide County); Boxcar Butte (McKenzie)
  • Comments:
  • KODA Resources has permits for two Bock wells, SWSE 36-161-102, to be sited 459 FSL and 1846 / 1881 FEL;
  • Kraken has a permit for a Charity well, SESW 31-149-101, to be sited 448 FSL and 2574 FWL.

Five permits renewed:

  • Grayson Mill (#41206 - #41210, inclusive): permits for five Sorenson wells, NWNE 29-155-92.

Five permits canceled:

  • Windridge Operating, all in Burke County; 
    • one, Sandpiper State, #34319, to be sited in SESW 35-164-93;
    • two Mallard permits, #35375 and 35376, to be sited in lot 3, section 5-163-92;
    • two Coot permits, #35514 and #35515, to be sited in lot 1, section 6-163-92;

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Disclaimer
Brief Reminder 

Briefly:

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • See disclaimer. This is not an investment site. 
  • Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
  • If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
  • Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
  • Longer version here