Monday, August 10, 2026

Three New Permits, Six Permits Renewed -- Monday, August 10, 2026

Locator: 51377B.
Pageviews: 83,023,578. 4:20 p.m. CT, August 10, 2026.

Strait: even if the strait were opened today, BofA says the strait would still need 10x more ships to stabilize oil markets. 

Oil stocks today:

  • CVX: up $8.35 today; up 4.5%; trading at $195.
  • XOM: up $6.75 today; up 4.4%; trading at $160.
  • PSX: up $11.61 today; up 5.7%; trading $216.
  • COP: up $5.42 today; up 4.6%; trading at $123.

Others:

  • BRK-B -- flight to safety: up $7.62 today; up 1.5%; trading at $529.
  • AAPL -- taking profits; down $4.80; down 1.5%; trading at $308.
  • SCCO: up $1.05; at one point, was up $5; up 0.5%; trading at $200. Today, it was a commodities play, not a tech play, because ...
  • GLW: dow 4.8%; down $8; trading at $158.

 

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Back to the Bakken 

WTI: $82.13.

Active rigs in the Bakken 29.

Three new permits, # 

  • 43197, loc, Hunt Oil, Kaniyohi, Vanville, SESW 33-160-90; 1033 FSL 2281 FWL;
  • 43198, loc, Hunt Oil, Kaniyohi, Vanville, SESW 33-160-90; 1033 FSL 2311 FWL;
  • 43199, loc, Hunt Oil, Kaniyohi, Vanville, SESW 33-160-90; 1033 FSL 2341 FWL;

 Permitted for recompletion:

  • 3550, conf,  Empire North Dakota, Waddle-Olson 1, Starbuck oil field, Bottineau County.

Six permits renewed:

  • Hess, three BL-Odegaard wells, Beaver Lodge, Williams County;
  • Summit Carbon Storage, two KJ Hintz storage well permits; wildcats, Oliver County;
  • Stephens Williston, DBA SEG Williston, a Prattsville Federa permit, Stanley oil field, Mountrail County.