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;

