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Thursday, August 27, 2026

Four New Permits; Two DUCs Reported As Being Completed -- August 27, 2026

Locator: 51568B.

Bankrupt? The chickens are coming home to roost.

Trading success

New Covid vaccines: approved by FDA. 

Venezuela: considers leaving OPEC.

 
Tech
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Back to the Bakken 

WTI: $83.64. Continues to climb the wall of reality. Iran pushing to ban US Navy from the strait. Sounds like the blockade of Iran is being felt.

Active rigs: 34.

Four new permits, #43262 - #43265, inclusive -- 

  • Operators: Enerplus (3); EOG;
  • Fields: Marmon (Williams County); Clarks Creek (McKenzie County)
  • Comments:
    • EOG has a permit for a West Clark well, lot 5, section 36-151-95, 
      • to be sited 847 FNL and 1929 FWL;
    • Enerplus has permits for three Red Panda wells, SWSE 9-157-100, 
      • to be sited 305 FSL and 2195 /  2261 FEL. 

Two producing wells (DUCs) reported as completed:

  • 42111, 2,205, Prima Exploration, Gummy Bear 2H, Divide County;
  • 42429, 770, Oasis, Prestwick Federal 5602 12-232 3B, Williams County;