Thursday, March 5, 2026

WTI Surges To $81 Today -- Day 6 -- March 5, 2026

Locator: 50146B.

WTI: $81.01. Surged an astounding 8.51% today; up $6.35 by the close. 

Active rigs: 25.

Three new permits, #42750 - #42752, inclusive:

  • Operator: Formentera Operations
  • Field: Baukol Noonan, Divide County;
    • Comments: Formentera Operations has permits for two Rainbows End and one Laguna Vista well, SESE 13-162-96, 
      • to be sited, 608 FSL and 430 / 500 FEL;

Eighteen (18) permits renewed:

  • Enerplus (9):
  • Whiting (3):
  • Zavanna (6):

One producing well (a DUC) reported as completed:

  • 41270, 2,633, CLR, HM Hove 6-9H, Williams County; 1280-acre spacing unit; sections 4 / 9 - 154-96; 66K over 25 days extrapolates to 80K bbls of oil over 30 days; these wells are all incredible wells; will post as stand-alone, later: