Friday, July 24, 2026

NDIC End-Of-Day Report Not Posted Yet -- July 24, 2026

Locator: 51253B.

Immigration crisis: it is interesting the number of folks that think I'm overly concerned about the immigration crisis instigated by Biden, if not earlier. Today, a headline: "Bombshell Memo Shows Biden Planned To Leave Trump With Even Bigger Immigration Crisis."

Social security: another interesting headline -- "New COLA formula could halve Social Security's 75-Year Shortfall Gap." 

META: has closed lower for the past seven (7) trading days in a row. After backlash, META pauses plan to "rate limit" its smart glasses. The two may or may not be related. I think the drop in daily value for META is more related to its 2027 CAPEX.

Coming: an AI app that will manage your portfolio according to your rules and guidelines.

Google: CAPEX boosted forecast by $15 billion, now expecting to spend between $195 - 205 billion this year versus its prior forecast for $180 - 190 billion.

Yemen: the war has now expanded -- again -- Yemen. 

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Back to the Bakken

WTI: $89.31.

Active rigs: 24.

Five new permits, #43150 - #43154, inclusive:

  • Operator: Formentera Operations;
  • Field: Black Slough 
    • #43150: Formentera Operations, Saint-14-35-PGN S610HX, NENW 14-162-93, 
      • to be sited 350 FNL and 1797 FWL, Black Slough,
    • #43151: Formentera Operations, Saint-14-35-PGN S512H, NENW 14-162-93, 
      • to be sited 350 FNL and 1832 FWL, , Black Slough,
    • #43152: Formentera Operations, Saint-14-35-PGN S614H, NENW 14-162-93, 
      • to be sited 350 FNL and 1867 FWL,  Black Slough,
    • #43153: Formentera Operations, Saint-14-35-PGN S516H, NENW 14-162-93, 
      • to be sited 350 FNL and 1902 FWL,  Black Slough,
    • #43154: Formentera Operations, Saint-14-35-PGN S618H, NENW 14-162-93, 
      • to be sited 350 FNL and 1937 FWL,  Black Slough,  

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

  • 41878, 87 (sic), Petro-Hunt, State 159-92-36D-24-3H, Mountrail County;