CAT -- September 30, 2025

Locator: 49261CAT.   

Link here. 

Ticker:

ETFs: link here.

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Old Geezers

Tonight I was driving Sophia, age 11, sixth grade, and her friend home from some school activity. Sophia's friend who is relatively new to American customs asked whether kids trick-or-treat in apartment complexes where both Sophia and her friend live.

I said that was a great question, and we started to explore the answer, and considered the question why, in general, kids don't trick-or-treat in apartment buildings.

Sophia had the answer. "Old people, you know, old geezers, don't like to keep getting up to answer the door." 

May and I also live in the same apartment complex.  

Four New Permits; Six Permits Renewed; Four Permits Canceled; One DUC Reported As Completed -- September 30, 2025

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; 

The CLR Bud / Alfsvaag Federal Wells -- September 30, 2025

Locator: 49259BUD.  

These are absolutely incredible wells.  

Note: in a long note like this will typographical and content errors, as well as misreading of the original source documents.

The six wells: 

• 41013, drl/A, CLR, Alfsvaag FIU 6-31H, Crazy Man Creek, bottom hole, NWNE 19-153-99;
• 41019, F/A, CLR, Bud FIU 6-30H, Crazy Man Creek, bottom hole, NWNE 19-153-99;
• 41020, drl/A, CLR, Alfsvaag Federal 7-31H, Crazy Man Creek, bottom hole, SENE 10-152-100;
• 41021, F/A, CLR, Bud FIU 7-30H, bottom hole, Crazy Man Creek, NENE 19-153-99;
• 41022, drl/A, CLR, Alfsvaag Federal 8-31H, Crazy Man Creek, bottom hole, SENE 10-152-
• 41023, F/A, CLR, Bud FIU 8-30H, bottom hole, Crazy Man Creek, NENE 19-153-99;

Early, initial production: 

41013:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2025	31	36735	36617	52798	79419	77388	163
BAKKEN	6-2025	30	47775	47896	70020	85227	82430	1082
BAKKEN	5-2025	31	47400	48116	62057	71147	69213	1302
BAKKEN	4-2025	3	3978	3046	4254	6112	6112	0
BAKKEN	3-2025	3	0	0	766	0	0	0

41019:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2025	31	24479	24419	16867	64786	62705	133
BAKKEN	6-2025	30	41470	41627	23731	86545	83727	1103
BAKKEN	5-2025	31	52379	52140	27898	70864	68953	1294
BAKKEN	4-2025	2	50	50	118	0	0	0

41023:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2025	31	44597	44457	33377	73590	73175	153
BAKKEN	6-2025	30	59594	59729	44287	81789	80731	1051
BAKKEN	5-2025	31	55441	55868	45926	70163	68872	1291
BAKKEN	4-2025	3	2902	2222	2108	3942	3942	0

41020, F/drl, CLR, Alfsvaag Federal 7-31H, Crazy Man Creek, t5/25; cum 186K 7/25;

41021, F/A, CLR, Bud FIU 7-30H, Crazy Man Creek, t5/25; cum 146K 7/25;

41022, drl/A, CLR, Alfsvaag Federal 8-31H, Crazy Man Creek, t5/25; cum 113K 7/25;

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Well File

Well file for "best well" from the above: 41020, CLR, Alfsvaag Federal 7-31H --

• TD:
• lateral 1: 20,520
• sidetrack 1: 25,023
• production tests:
• 2025-05-06
• oil: 1,699 bbls
• volume of proppant/fracking fluid: 324,971 bbls
• proppant, sand: 13,422,114 pounds
• dates:s
• pud date: 9/29/2024
• TD date: 11/26/24
• TD drilled: 25,120' MD
• gas shows: 
• lateral averaged: 418 units, with a max of 1,587 units

• times:
• spud: 3:08 a.m., 9/29/24
• TD surface hole: 8/18 a.m., 10/1/24
• landed curve: 3:12 p.m., 10/25/24
• started lateral: 10:05 a.m., 11/19/24
• TD of original wellbore, lower Bakken shale strike: 2:34 p.m., 11/22/24;
• pulled back and started drilling sidetrack #1 at 7:11 p.m., 11/22/24;
• TD with sidetrack: 3:06 p.m., 11/26/24; 

• lateral to lower Bakken shale: about 76 hours (about 3 days)
• sidetrack to TD: about 92 hours (about 4 days)

Taco Tuesday -- GM EVs -- September 30, 2025

Locator: 49258B.  

Shutdown; President Trump needs to issue an executive order, even if it's clearly "illegal," mandating that the "government not shut down." And then let the Democrats sue to shut down the government. LOL. They sue him for everything else; might as well push the envelope.  

Bakken: wells coming off the confidential list this next week are tracked here. 

GM EVs: link here. Lobbying against EVs.

The Detroit-based automaker this year has spent more to lobby the federal government than any company other than Meta, using much of the money going to fight clean-air and fuel-economy rules. GM’s $11.5 million in reported spending through June is nearly double Toyota’s tally and roughly six times that of Ford’s.

One GM lobbyist called the office of Sen. Ted Cruz (R., Texas) earlier this year to support his efforts to weaken 50-year-old federal fuel-economy rules that over the years significantly reduced fuel consumption and emissions, as well as helped birth such cars as Toyota’s Prius. 

Congress added Cruz’s measure to the Big Beautiful Bill, eliminating fines for automakers, including GM, whose fleets fall short of Corporate Average Fuel Economy standards.

No Name Given: link here.