Thursday, January 15, 2026

Four New Permits; Three Permits Renewed -- January 15, 2026

Locator: 49925B.

This seems important, link here. This is the Philadelphia Manufacturing index. The estimate was for a negative 1.4 and a negative 10.2 prior. But look at this: the index came in at a positive 12.6. That seems delightful.  

Employment dropped but still expanding. 


Earlier today: haven't checked to see how the market closed today -- but earlier today --

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Back to the Bakken

WTI: $59.19. 

Active rigs: 29.

Four new permits, #42650 - #42653, inclusive:

  • Operators: Oasis (3); KODA Resources
  • Fields: Heart Butte (Dunn County); Daneville (Divide County)
  • Comments:
    • KODA Resources has a permit for a Kolsch well, SESW 31-161-101, 
      • to be sited 659 FSL and 2047 FWL; six-section spacing (24/25/36-161-102 and section 19/30/31-161-101; 
      • there's already a pad sited there: permits #42339, #42340, and #42341.
    • Oasis has permits for three MHA Bullsnake 4892 permits, NENE 28-148-92, 
      • to be sited 995 / 1046 FNL and 751 / 793 FEL; standard 1280-acre and one 1280-acre section line well.

Three permits renewed:

  • Devon (2): a Barracuda well, #39573, and a Fleck well, #39574, both in Sandrocks, McKenzie County;
  • Murex: a Barrett Leigh well, #24797, Midway, Williams County;