Monday, June 22, 2026

Three New Permits; Three Permits Canceled -- I Guess That's A Wash -- June 22, 2026

Locator: 51032B. 

Investing: final three trades -- CVX, MPC, and CAT. Whoo-hoo. CAT is amazing. 

Cramer: middle school, high school, college -- learn anything and everything ... except money management and financial independence. 

Chart of the day? IBM! Whoo-hoo. The excitement about IBM is all about quantum computing. Amazon AI suggests quantum computing will "be a thing" in five to seven years.

CAT:

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Back to the Bakken 

WTI: $73.86.

Active rigs: 27.

Three new permits, #43057 - #43059, inclusive,

  • Operator: Whiting
  • Field: Foreman Butte, McKenzie County;
  • Comments:
    • Whiting has permits for three Two Pence Federal wells, SWSE 32-151-102, 
      • to be sited 250 FSL and 1630 / 1696 FEL. 

Three permits canceled:  

  • Devon Energy (2): two FBIR MHA permits, Dunn County;
  • CLR: one Throvald permit, Dunn County;