Wednesday, May 20, 2026

WTI Finishes Near $100; Five New Permits; Seven Permits Renewed -- May 20, 2026

Locator: 50842B.

Apple: Apple shares hit new all-time closing high. Link here

  • rose $3.28 to close at $302.25; Apple's all-time intraday high was $303.20; today's intra-day high hit $302.80.
  • much more information at the link. 

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 Back to the Bakken

WTI: $99.07. 

Active rigs: 25.

Five new permits, #42956 - #42960, inclusive:

  • Operators: Formentera Operations (4); BR
  • Fields: Noonan (Divide County); Jim Creek (Dunn County);
  • Comments:
    • Formentera Operations has permits for four Bernadette permits, SESW 13-162-95, 
      • to be sited 495 FSL and 2247 / 2347 FWL;
    • BR has a permit for a Firebird well, NWNE 12-145-96, 
      • to sited 529 FNL and 2205 FEL.

Seven permits were renewed:

  • Foundation Energy: seven Elkhorn Ranch Federal permits, Elkhorn Ranch, Billings County.