Thursday, June 4, 2026

Four New Permits; Four Permits For Summit Carbon Storage Canceled; One Permit Renewed; One DUC Reported As Completed — June 4, 2026

Locator: 50913B. 

Great day on "Wall Street."

  • the Dow closes at a record high; up almost 1,000 points;
  • S&P 500 bounces back; closes in the green; just below 5,600 which is the new floor;
  • NASDAQ down 23 points (0.09%); inconsequential; speaks volumes about the NASDAQ.

AAPL: held its gain after hours, albeit not much. 

At the close:

Tech selloff: may not be over. But perhaps slowing (the tech selloff). Big concern: energy. 

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Back to the Bakken

WTI: $92.78.

Active rigs: 28. 

Four new permits, #43001 - #43004, inclusive:

  • Operators: BR (2); Devon Energy (2);
  • Fields: Jim Creek (Dunn County); Foreman Butte (McKenzie County);
  • Comments:
    • BR has permits for a Kellyzal well; and, a State Dolezal well, both wells NWNE 12-145-69, 
      • to be sited 817 / 849 FNL and 2205 FNL;
    • Devon Energy has permits for two Albert South wells, NENE 34-151-102, 
      • to be sited 747 / 757 FNL and 879 / 953 FEL.

One permit renewed:

  • 41969, WGO Resources, Finneman, a wildcat in Golden Valley.

Four permits canceled:

  • Summit Carbon Storage; Mercer and Oliver counties; all I can say is "interesting.

One producing well (a DUC) is reported as completed:

  • 41582, no IP reported, XTO, HBU Marmon Federal 24X-13A, Williams County.