Tuesday, March 10, 2026

Two New Permits; Three Permits Renewed; One DUC Reported As Completed -- March 10, 2026

Locator: 50184B. 

Compare the projected prices of the North Dakota and the Texas projects below. 

From today, March 10, 2026, president Trump alerted me to this today -- see below the fold -- 

Meanwhile, in North Dakota:

From yesterday, March 9, 2026:

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Back to the Bakken

WTI: $83.45.

Active rigs: 25.

Two new permits, #42755 - #42756, inclusive:

  • Operator: Oasis
  • Field: Alger (Mountrail)
  • Comments:
    • Oasis has permits for two Teal wells, NWNE 22-156-92, 
      • to be sited 231 FNL and 1264 / 1330 FEL.

Three permits renewed:

  • Minnkota Power Cooperative, three renewals -- Liberty 1, Unity 1, and McCall 1 -- all SWNW 4-141-83, Oliver County.

One producing well (a DUC) reported as completed:

  • 41056, no IP reported, XTO, HBU Shoshoni Federal 11X-15B, Hofflund, Williams County;

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The Fold

Link here

President Trump refers to this as  $300-billion project. I'm not sure where the "$300-billion figure" is coming from!?

Has any refinery anywhere ever cost $300 billion?