Friday, December 12, 2025

Phoenix Operating Has Five New Permits -- December 12, 2025

Locator: 49695B.  

Chips to China: so far no one has connected the dots. When they do, this will be historic. Posting this for the time-date stamp. It should be revealed in the company’s earnings six months from now. This assumes the “deal” goes through. Congress is likely to stop the deal. 

Trump: definition was absolutely made for him --  

Transactional:  describes something related to exchanges or dealings, often involving a "give and take" where one party expects something in return, seen in business (buying/selling), social interactions ( favors for favors), or psychology (conditional affection). It implies a focus on cost-benefit, clear boundaries, and pragmatic, often short-term, mutual benefit rather than purely altruistic connection, suggesting a practical, sometimes self-interested, exchange. 

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Back to the Bakken
 

WTI: $57.44.

Active rigs: 29. 

Five new permits, #42556 - #42560, inclusive:

  • Operator: Phoenix Operating
  • Field Black Slough (Burke County)
  • Comments:
    • Phoenix Operating has permits for five Billingsley wells, lot 3, section 1-161-93, 
      • to be sited 381 FNL and 2122 / 2242 FWL.

And that was all.