Monday, July 13, 2026

Seven New Oil And Gas Permits -- July 13, 2026

Locator: 51159B.

Oil company share prices at the close:

  • CVX: up 3.3%; up $5.80; trading at $182.20; now owns Hess, except for the famous holiday toy-truck business (still owned by the family); after jump in first six months; pretty flat in most recent six months; up 20% this past year.
  • DVN: up 3.6%; up $1.50; trading at $43.73;
  • EOG: up 4.1%; up $5.51; trading at $139.61;
  • MPC: up 4.63%; up $13.14; trading at $296.88; up 121% past year.
  • EPD: up 2.79%; up $1.04; trading at $38.31; up 20% past year. 

Senator Lindsey Graham: net worth according to public filings, about $2 million.  

**************************
Back to the Bakken 

WTI: Holy mackerel -- $78.41.

Active rigs: 27. 

Seven new permits, #43109 - #43116, inclusive, with one exception, 43112. Note: 43112 and 43117 were SWD permits.

  • Operators: Slawson, Formenters Operations (2), Phoenix Operating (4).
  • Fields: Painted Wood (Williams County); Black Slough (Burke County); and Skabo (Divide County).
  • Comments:  
    • Slawson has a permit for a Stampeded well, NWNE 36-154-104, 
      • to be sited 430 FNL and 2294 FEL;
    • Formentera Operations has permits for a Rabbit well and a Gabriel well, SWSW 8-162-93; 
      •  to be sited 520 FSL and 779 / 814 FWL;
    • Phoenix Operations has permits for four Akemi Ferrari wells, SESE and SWSE 14-160-98, 
      • to be sited 350 FSL and 12/76 / 1396 FEL.