Locator: 51523B.
Russia: some/many/most think US has serious military problems now, and forget about this -- Russia is facing four major fronts: Ukraine; the EU; NATO/US; and, China. In a sense, Putin must be relieved that the US, and to some extent, China, are so focused on the Mideast, if not bogged down. There are reports now, China is taking advantage of the situation in the Far East, undercutting Russia's initiatives there.
The close:
Tech:
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Back to the Bakken
WTI: $87.06.
Active rigs: 34,
Four new permits, #43239 - #43242, inclusive --
- Operator: Hunt Oil
- Field: Frazier, Divide County
- Comments:
- Hunt Oil has permits for four Frazier wells, SENE 4-161-97,
- to be sited 1955 FNL and 325 / 415 FEL.
Five permits canceled:
- MRO: two Hopkins USA permits, Dunn County;
- True Oil: two Superior Federal permits, McKenzie County;
- EOG: one West Clark permit, McKenzie County.
Two producing wells (DUCs) reported as completed:
- 37223, n/d, XTO, Kulczyk 43X-17EXH, Williams County;
- 42246, 1,715, CLR, Charleston 8-22HSL, Williams County;
Again, seeing Kraken acquiring a couple of Neptune Operating wells.