Tuesday, June 30, 2026

Three New Permits -- June 20, 2026

Locator: 51083B.

Markets: Dow closes out 1H26 with another all-time high. Despite a lot of headwinds. It's all about earnings. S&P and NASDAQ biggest gains last day of quarter trading since 2020.

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Back to the Bakken 

WTI: $69.50

Active rigs: 26.

Three new permits, #43075 - #43077, inclusive:

  • Operators: Phoenix Operating (2); Heberdev Operating;
  • Field: South Meadow (William County); and, Northeast Foothills (Burke County);
  • Comments:
    • Heberdev Operating has a permit for one Little Bit well, NENW 19-161-91, 
      • to be sited 459 FNL and 1625 FWL;
    • Phoenix Operating has permits for one Lord well and one Fedor well, both in lot 4, section 7-158-96, 
      • to be sited 360 FSL and 821 / 941 FWL; the Lord with 4-section spacing; and, the Fedor well with two-section spacing.