Thursday, April 2, 2026

Five New Permits; Ten Permits Renewed; WTI Closes At $111 -- April 2, 2026

Locator: 50409B.

Key bridge collapse connecting Tehran to its northern / western provinces;

  • not exactly sure to what extent bridge was damaged;
  • by this time ext week we should better damage assessment; 

Politics: Hegseth fires another top general, this time the US Army's chief of staff.  

Six months ago there was talk of $40-oil 

Natural gas in the US is still below $3; in Europe? $17.

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Back to the Bakken 

WTI: $111.50.

Active rigs: 23.

Five new permits
, #42809 - #42813, inclusive:

  • Operator: Hess
  • Field: Ross (Mountrail County)
  • Comments: 
    • Hess has permits for five RS-Bette wells, SWSE 1-156-92; 
      • to be sited, 872 FSL and 2283 / 2415 FEL: all appear to be 2400-acre spacing;
        •  section      640
        •  S/2            320
        • SE/4         160
        • E/2            320
        • section      640
        • W/2          320

Ten permits renewed:

  • BR (9): five Gorhman permits, Bailey oilfield; three CCU-Badger permits, Corral Creek, all Dunn County; and, one CCU-Mary Swanson section line well; Bear Den, McKenzie County;
  • Murex: one EMU Ross permit, Elmore oil field, Renville County.