Thursday, July 16, 2026

Four New Permits; Four DUCs Reported As Completed -- July 16, 2026

Locator: 51184B.

Apple: continues to move upward after-hours. AAPL was up an amazing $5.76 / share today and continues to move up after-hours. Another all-time high. It appears AAPL would have to trade at $346 to have a market cap of $5.0 trillion. 

MMFs: link here

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Back to the Bakken

WTI: $78.95. Continues to drop despite a) increasing Allied attacks on Iran; and, b) Iran doubling down on their warnings.

ACTIVE RIGS: 26.

Four new permits, #43126 - #43128, and #42701 --

  • Operators: Kraken; Devon Energy
  • Fields: Blue Ridge (Williams County); Siverston (McKenzie County)
  • Comments:
    • Devon Energy has a permit for a Bluefin well, SWSW 13-149-98, 
      • to be sited375 FSL and 423 FWL;
    • Kraken has permits for three wells in NWNW 217-158-100, Campbell (1 well) and Holmes LW (2 wells), 
      • to be sited 445 FNL and 650 / 716 FWL.

Four producing wells (DUCs) reported as completed:

  • 42197, 646, Apollo 18-7-6 7H, Williams County;
  • 42198, 720, Apollo 18-7-6 8H, Williams County;
  • 42199, 680, Turbodiesel 19-30-31 9H, Williams County;
  • 42200, 694, Turbodiesel LE 19-30-31 10H, Williams County;