Friday, April 17, 2026

Welcome To The Weekend -- April 17, 2026

Locator: 50565B.

Market:

S&P 500 notches first close above 7,100. That's after hitting 7,001, highest intra-day high on record, yesterday. NASDAQ posts longest win streak.

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Back to The Bakken

WTI: $85.10 -- holy mackerel -- It was briefly $105 six days ago. Is that about a 20% drop from the recent high?

Active rigs: 22. 

No new permits, however, this is interesting.

Yesterday, this from the daily activity report -- two older permits with sites modified:

  • Operator: Enerplus
  • Field: Little Knife (Dunn County)
  • Comments:
    • Enerplus is modifying the site location: #42674 and #42675, Edward Federal 4B and 5B, 
      • to be sited 334 FSL and 2335 / 2368 FEL (previously 335 / 336 FSL and 2585 / 2618 FWL.
In today's daily activity report, Enerplus was permitted to make site modifications -- surface hole relocations. Again, very similar to the above:
  • Operator: Enerplus
  • Field: Little Knife, Dunn County
  • Comments:
    • Enerplus is modifying the surface hole location of the following wells:
    • #42477, #42672, and #42673, Little Chase Creek 4797 ... 2BHP; Edward Federal 4797 ... 2B; and, Edward Federal 4797 ... 3B, 
      • to be sited 334 / 335 FSL and 2437 / 2302 FEL.
Eighteen permits renewed:
  • CLR (10):
    • seven Plano permits: SENW, NENW section 28-154-101; Baker oil field, Williams County;
    • three Frisco permits: SWSE 31-152-102, Glass Bluff oil field; McKenzie County;
  • Devon Energy Williston (8): 
    • five Explorer permits and three Meriwether permits, NWSE 21-14-92; Wolf Bay, Dunn County;