Wednesday, August 12, 2026

Four New Permits, Three Permits Canceled -- August 12, 2026

 Locator: 51394B.

Our internet seems to be back to normal. 

Ukraine / Russian war: seems to be getting worse. Now Putin threatens to seize EU ships; this is his opening to see EU's resolve.

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Back to the Bakken  

WTI: $82.71. It certainly appears that, at least for oil, the Strait of Homuz, is irrelevant, at least for the short term. 

Active rigs: 29.

Four new permits, #43205 - #43208, inclusive --

  • Operator: Kraken
  • Field: Bennett Creek (McKenzie County)
  • Comments: 
    • Kraken has permits for four Mercury wells, SWSE 32-147-99, 
      • to be sited 410 FSL and 1321 / 1420 FEL. 

Three permits canceled:

  • XTO: three Predator Federal permits, Dunn County, canceled.