l
CVX: advances another 3/4ths of a percent.
VG: up another 5% during trading hours; loses over 4% after hours.
CVX vs VG: quite amazing. Considering.
PSX: Phillips 66 makes the vast majority of its money as a refiner and downstream energy company, not as an E&P producer. COP spun off PSX in 2012.
Refinery fire: Valero, Port Arthur, explains the huge jump in shares of refiners. Huge. MPC was up $11 before the close, 5%.
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Back to the Bakken
WTI: $92.35.
Active rigs: 25.
Two new permits:
- 42783, loc, Silver Hill Energy, Wy Federal E 159-93-24-36-3MBHX, NWNE 24-159-93,
- to be sited 465 FNL and 1605 FEL, Burke County;
- 42784, loc, Silver Hill Energy, Wy Federal E 159-93-24-36-4MBHX, NWNE 24-159-93,
- to be sited 465 FNL and 1500 FEL, Burke County;
Seven permits canceled: Spotted Horn canceled seven Moose permits, Mclean County;
Two producing wells (DUCs) reported as completed:
41053, npd, XTO, HBU Shoshoni Federal 11X-15H, Williams County;
41055, npd, XTO, HBU Shoshoni Federal 11X-15E, Williams County;
