Wednesday, February 11, 2026

Murex With Two New Permits -- Thursday -- February 11, 2026

Locator: 49970B.

Global economy: Trump has been predicting this for quite some time -- global economy on fire! Japan stocks extend post-election rally with Nikkei 225 breaching 58,000 for the first time.

Tariffs: revenue soars more than 300% as US awaits Supreme Court decision.

Jobs: surprisingly strong January growth -- but nattering nabobs of negativity continue to question the data -- want to see another month's worth of data -- it gets tedious. 

Bill Ackman: Meta, Amazon, Hertz.  

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Back to the Bakken 

WTI: $64.96.

Active rigs: 26.

Two new permits, #42707 - #42708:

  • Operator: Murex Petroleum Corp
  • Field: Tioga (Burke County)
  • Comments:
    • Murex has permits for two MS wells -- MS-Opdal and MS-Karen Sue, lot 4, section 31-159-94, spacing unit, sections 31 - 32:
      • to be sited 400/430 FSL and 360 FWL.
      • a pad is already located there, with #41408 and #41409;
      • no producing wells of interest in the immediate area; a couple of miles away, some mediocre wells; many operators in this area.

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Random Look At Area Of Activity

Several miles away from area noted above. South of Beaver Lodge, north of the river.