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Wednesday, July 1, 2026

Update: #42395 -- KODA Resources' Ale 2436-1BHN In East Goose Lake -- July 1, 2026

Locator: 51092B. 

Updates

July 1, 2026: see original note below; the well is still on confidential but we have a second month of production -- also see this post for more information on this well -- it's a 4-mile lateral -- 

Original Post  

A reader wanted to know if NDIC has posted any production data for the month of May, 2026, for this well: #42395. 

No, they have not. 

It's only June 1, 2026. It will take a bit longer for May data to be posted. This is the only item that currently shows over at NDIC for this well:

NDIC Docket Case Requesting Authorization To Drill A U-Turn Well On 640-Acre Spacing -- July 1, 2026

Locator: 51091B. 

Thursday, July 30, 2026
Link here.
24 pages.

An interesting case from the NDIC hearing dockets for July, 2026: 

  • 33037 -- a "U-turn" well

  

 The map:

Slawson Requesting A 2560-Acre Unit To Drill Upwards Of Seven Wells -- July 1, 2026

Locator: 51090B. 

Thursday, July 30, 2026
Link here.
24 pages.

An interesting case from the NDIC hearing dockets for July, 2026: 

  • 33033 -- seven wells

The map


Six New Permits; One DUC Reported As Completed -- July 1, 2026.

Locator: 51089B. 

WTI: $68.01.

Active rigs: 26.

Six new permits, #43078 - #43083, inclusive -- 

  • Operators: Oasis (3); Formentera Operations (3);
  • Fields: Gros Ventre (Burke County); Cottonwood (Burke County); Larson (Burke County);
  • Comments:
    • Formentera has permits for three Jackson wells, SESW 8-162-94, 
      • to be sited 565 / 568 FSL and 1569 / 1639 FEL; 
    • Oasis has permits for three Isabella wells, lot 1, section 1-159-93, 
      • to be sited 630 / 696 FNL and 298 FEL.

One producing well (a DUC) reported as completed

  • 42168, 388, Formentera Operations, Maverick-22-10-BND N611H, Burke County.

NDIC Hearing Dockets -- July, 2026 -- Posted Jul 1, 2026

Locator: 51088DOCKETS.

Hearing dockets are found here at the NDIC.

Note: typographical and content errors are still present. Proceed at hour own risk.

July, 2026, hearing dockets.  

As usual this is done very quickly and using shorthand for my benefit. There will be factual and typographical errors on this page. Do not quote me on any of this. It's for my personal use to help me better understand the Bakken. Do not read it. If you do happen to read it, do not make any investment, financial, job, relationship, or travel plans based on anything you read here or think you may have read here. If this stuff is important to you, and I doubt that it is, but if it is, go to the source. These are cases to be considered by the NDIC, not permits. If approved by the NDIC, then operators can go ahead and submit permits to drill wells within the parameters of the cases that were passed.  

Wednesday, July 29, 2026
Link here.
17 pages.

The cases, again, these are cases, not permits: 

  • 32987, NDIC, Murphy Creek-Bakken, reviewing the status of a BR lease, Dunn County;
  • 32988, NDIC, Yellowstone-Bakken, redefine the field limits, McKenzie County;
  • 32989, NDIC, Bull Butte and Strandahl-Bakken, administrative, Neptune, Oasis, and Phoenix, Williams County. 
  • 32990, Cornerstone Natural Resources LLC, Northeast Foothills, Little Butte and/or Clayton-Bakken, establish two overlapping standup 1920-acre units; four wells; establish an overlapping standup 2560-acre unit, four wells; Burke County;
  • 32991, Cornerstone Natural Resources LLC,Northeast Foothills, Coteau, South Coteau and/or Lostwood-Bakken, establish four overlapping standup 2560-acre units, four wells; Burke County
  • 32992, Whiting, Dore, Nohly Lake and/or Harding-Bakken, establish two overlapping standup 2560-acre units; four wells; establish an overlapping laydown 1600-acre unit; four wells; McKenzie County,
  • 32993, Whiting, West Bank and Ray-Bakken, establish two overlapping laydown 1920-acre units, four well; Williams County,
  • 32994, Oasis, Lucy and/or Cottonwood-Bakken, establish an overlapping standup 2560-acre unit; four wells; Burke County,
  • 32995, Oasis, Deep Water Creek Bay-Bakken, establish an overlapping laydown 1280-acre unit; one well; Dunn, McLean counties;
  • 32996, Oasis, Jim Creek and/or Murphy Creek-Bakken, establish an overlapping 2560-acre unit; one well; establish two overlapping standup 3840-acre unit, one well; establish an overlapping standup 5120-acre, one well; Dunn County;
  • 32997, Oasis, Murphy Creek-Bakken, establish an overlapping laydown 3840-acre unit; one well; Dunn County;
  • 32998, Oasis, Painted Woods and/or Ft Buford-Bakken, establish an overlapping 1920-acre unit; two wells; Williams County;
  • 32999, Oasis, Painted Woods and/or Ft Buford-Bakken, establish an overlapping 2400-acre u nit; one well;  Williams County;
  • 33000, Oasis, Painted Woods and/or Ft Buford-Bakken, establish an overlapping 4800-acfre unit; one well; Williams County;
  • 33001, Enerplus, Little Muddy and/or Good Luck-Bakken,  establish two overlapping standup 2560-acre unit; three wells; Williams County;
  • 33002, Enerplus, Otter-Bakken; establish an overlapping standup 1920-acre unit, three wells; establish an oveerlaping standup 1920-acre. unit, one well; Williams County;
  • 33003, Enerplus, Climax and/or Strandahl-Bakken; establish five overlapping standup 2560-acre units, three wells on each; Williams County;
  • 33004, Enerplus, South Fork-Bakken, establish an overlapping laydown 2560-acre unit, two wells; Dunn County;
  • 33005, Springline Operating, website, HQ Stamford, CT?; Eightmile-Madison andor Indian Hill, McKenzie, establish a 2560-acre unit; one well; Williams, 
  • 33006, Moonracer Resources LLC; focused on ND oil; HQ Dallas?, Dry Creek-Madison, establish a 480-acre unit; two horizontal wells; Renville County; 
  • 33007, Foundation Energy, establish a 160-acre unit; a vertical well to produce from the Tyler pool, McKenzie County.
  • 33008, BR, Bowline and/or Bull Moose-Bakken, establish an overlapping standup 1920-acre unit, four wells; McKenzie County.
  • 33009, Marlo Operating, website; HQ Ft Worth; operates in TX, OK, ND, MT, and SD (Bakken), Bowman County, create a 160-acre unit, one well, Bowman County; 
  • 33010, Marlo Operating, Bowman County; create a 160-acre unit, one wells; Bowman County;
  • 33011, Ferrata Energy, website; Denver-based; founded in 2023, focused on the Bakken, order to revoke a Devon Energy permit, Williams County.
  • 33012, Devon, Siverston and/or North Tobacco Garden-Bakken, establish an overlapping standup 2560-acre unit one well; establish an overlapping standup 5120-acre unit, one well; McKenzie County;
  • 33013, Kraken, Sheep Butte-Bakken, establish two overlapping standup 2560-acre units; four wells each; McKenzie County;
  • 33014, Kraken, Winter Butte-Bakken, establish two overlapping laydown 2560-acre units; four wells each; McKenzie County;
  • 33015, Phoenix Operating, Winter Butte-Bakken, establish a laydown 2560-acre unit; four wells; McKenzie County;
  • 33016, Phoenix Operating, Winter Butte-Bakken establish a laydown 2560-acre. unit, four wells; McKenzie County;
  • 33017, Phoenix Operating, Winter Butte-Bakken; establish a laydown 2560-acre unit four wells; McKenzie County;
  • 33018, Phoenix Operating, Winter Butte-Bakken, establish a laydown 1920-acre unit; four wells; McKenzie County;
  • 33019, Phoenix Operating, Winter Butte-Bakken, establish a laydown 1920-acre unit; four wells; McKenzie County;
  • 33020, Phoenix Operating, Winter Butte/Mondak-Bakken, establish a standup 2560-acre unit; four wells; McKenzie County;
  • 33021, Phoenix Operating, Winter Butte/Mondak-Bakken establish a standup 2560-acre unit; four wells; McKenzie County;
  • 33022, Phoenix Operating, Winter Buttte/Mondak-Bakken; establish a standup 3200-acre unit; four wells; McKenzie County;
  • 33023, BR,  -- mostly administrative (pooling/administrative for the rest of the cases) -- pooling; 
  • 33024, BR, pooling;
  • 33025, Hess, Antelope-Sanish, 1280-acre unit , sections 2/11-152-95, thirteen wells on a 1280-acre unit; McKenzie County; see this post;
  • 33026, Enerplus, commingling;
  • 33027, Zavanna (acquired by Kraken?), commingling;
  • 33028, Devon, commingling;
  • 33029, Devon, SWD.

Thursday, July 30, 2026
Link here.
24 pages.

The cases, again, these are cases, not permits: 

  • 33030, NDIC, Writing Rock-Bakken, appropriate spacing, Divide County.
  • 33031, NDIC, Juno or Upland-Bakken, spacing, Divide County.
  • 33032, Slawson, Trailside-Bakken, establish an overlapping 1920-acre unit, four wells, McKenzie County;
  • 33033 -- seven wells; see this post for more; Slawson, Kittleson Slough-Bakken, establish an overlapping 2560-acre unit; seven wells; establish an overlapping 2560-acre unit; two wells; Mountrail County;
  • 33034, XTO, Haystack Butte-Bakken and/or Lost Bridge-Bakken, establish two overlapping 3840-acre units; horizontal wells along section lines; Dunn County;
  • 33035, EOG, Parshall-Bakken, establish one overlapping 2560-acre unit; one well; establish two overlapping 2560-acre unit, one well; Mountrail County;
  • 33036, PetroShale US, Croff-Baken and/or Bear Den-Bakken; establish one overlapping 2560-acre unit; one well; McKenzie County;
  • 33037, PetroShale US, Eagle Nest-Bakken, establish an overlapping 640-acre unit; one well; u-turn well, Dunn County;
  • 33038, SOGC, Sanish-Bakken and/or Alger-Bakken; establish an overlapping 3840-acre unit; one well; Mountrail County;
  • 33039, Phoenix Operating, Grenora/Climax-Bakken; establish a standup 2560-acre unit; four wells; Williams County;
  • 33040, Phoenix Operating, commingling; mostly administrative from here to the end (pooling, commingling)
  • 33041, Phoenix Operating, Bar Butte / Climax-Bakken; establish a standup 2560-acre uit; four wells; Williams County;
  • 33042, Phoenix Operating, Hanks/Climax-Bakken, establish a standup 1920-acre unit; four wells; Williams County;
  • 33043, Phoenix Operating, Climax-Bakken, establish a standup 1920-acre unit; fourwells; Williams County;
  • 33044, Phoenix Operating, establish a stanup 2560-acre unit; four wells; Williams County;
  • 33045, Phoenix Operating, Butte and/or West Butte-Bakken, establish a standup 1920-acre unit; four wells; McKenzie County
  • 33046, Phoenix Operating, Butte and/or West Butte-Bakken, establish a standup 1920-acre unit, four wells; McKenzie County;
  • 33047, Phoenix Operating, Wildrose / Corinth-Bakken, establish an overlapping 5120-acre unit; one well; Divide, Williams counties;
  • 33048, Phoenix Operating, Lone Butte/Ranch Coulee-Bakken; establish a standup 2560-acre unit; four wells; 
  • 33049, Phoenix Operating,Lone Butte/Ranch Creek-Bakken, establish a standup 3200-acre unit; four wells; McKenzie County;
  • 33050, Phoenix Operating, Mary / Ranch Coulee-Bakken, establish a standup 2560-acre unit; four wells; McKenzie County;
  • 33051, Phoenix Operating, suspend and revoke permit #42953, Divide County;
  • 33052, Phoenix Operating, suspend and revoke permits #42955; Divide County;
  • 33053, Slawson, pooling;
  • 33054, Slawson, pooling;
  • 33055, Slawson, Tyrone-Bakken; five wells on an existing 1280-acre unit; Williams County.
  • 33056, Slawson, Charbonneau-Bakken, five wells on an exsting 1280-acre unit; McKenzie County;
  • 33057, Formentera, commingling;
  • 33058, XTO, commingling;
  • 33059, XTO, commingling;
  • 33060, XTO, commingling;
  • 33061, XTO, commingling;
  • 33062, Phoenix Operating, pooling;
  • 33063, Phoenix Operating,  pooling;
  • 33064, Phoenix Operating, pooling;
  • 33065, Phoenix Operating, pooling;
  • 33066, Phoenix Operating, pooling;
  • 33067, Phoenix Operating, pooling;
  • 33068, Phoenix Operating, pooling;
  • 33069, Phoenix Operating, pooling;
  • 33070, Phoenix Operating, pooling;
  • 33071, Phoenix Operating, pooling;
  • 33072, Phoenix Operating, pooling;
  • 33073, Formentera Operations, SWD; Divide County;
  • 33074, Formentera Operations, SWD; Divide County;
  • 33075, Formentera Operations, SWD; Divide County;
  • 33076, Formentera Operations, SWD; Burke County;
  • 33077, Formentera Operations, SWD; Divide County;
  • 33078, Henry Hill Operations, SWD, Dunn County,
  • 33079, KODA Resources, SWD, Divide County;
  • 33080, Phoenix Operating, SWD; Divide County; McKenzie County;
  • 33081, Phoenix Operating, SWD; Divide County; McKenzie County;

Intel Update -- July 1, 2026

Locator: 51088INTEL.

Currently:

Vaporware? Big hat, no cattle?

  
1Q26:

Because Q2 2026 financial results are officially scheduled for release on July 23, 2026, concrete numbers for the second quarter are not yet available. However, Intel's overall Q1 earnings report beat Wall Street expectations and sparked a massive stock rally.

2Q26


Changing Trends In Estate Planning -- July 1, 2026

Locator: 51087ESTATE.

Soccer: USA advances from Round of 32 to Round of 16, defeating Bosnia 2 - 0, despite being one man down (red card) for 36 minutes.

Now, back to regular program: changing trends in estate planning. 

Link here

For Gemini

Since the days of Charles Dickens (think "Bleak House") it seems the purpose of probate has changed. Not so much on "the purpose" but more on the focus -- two foci: handling debt (creditors) and transferring wealth. My hunch is that in Dickens' day handing debt (the creditors) was the huge problem. Now, the emphasis in probate is how to manage the transfer of wealth?

Reply

California Exodus Continues -- This May Be A Rolling Snowball -- Wednesday, July 1, 2026

Locator: 51086BILLIONAIRESTAX.

ReminderTrump: note to my extended family -- YouTube, “The Hill” is televising the Trump visit to the Library now.  On your desktop, open YouTube, and then search “News.” There will be other options but this is incredible right now.   

Tag: Peter Thiel. 

Posted at 10:27 a.m. this morning -- about three hours ago:

Taxes:

  • California could enact "billionaire's tax" as soon as next year. Will vote later this year.
  • Governor Newsom does not want California to go down this road by itself; wants the "billionaire's tax" to be enacted at the federal / national level.
  • it's a pretty safe bet that a "billionaire's tax" won't happen at the federal level for the next three years or so 
  • Newsome is concerned -- is California the next NYC, the next Denver? 

Now, news breaking, Peter Thiel exiting California and has moved to Florida. This may be the biggest news story today. Or maybe even this week.

I just spent an hour with Gemini discussing the "big names" of Silicon Valley -- those currently living.  I was curious about the choices Gemini would suggest as nominees for "the face of Silicon Valley." My first choice would be Peter Thiel as the "face of Silicon Valley." The chatbot provided twelve possibilities from three different sectors.

For various reasons, I still place Peter Thiel at the top. 

Peter Thiel leaving California for Florida speaks volumes. This is huge, and I'm sure Governor Newsom is well aware what this means: the multi-billionaires from Silicon Valley have now been given the "green light" to move out of state. 

Apple -- First Trading Day Of Third Quarter -- Summer Doldrums -- Sell In May, Go Away -- July 1, 2026

Locator: 51085THEMARKET.

Reminder: Apple, it seems, has a gazillion suppliers and it might be helpful to be aware of those suppliers for investing purposes. This is why I remain bullish on Broadcom (AVGO) -- link here.

Apple: this may be the reason -- constructive talks between Tim Cook and EU over Siri AI, link here.

Also today, contributing to good news for Apple --


 

Today, morning


Apple, last five days
:

**********************************
Disclaimer
Briefly

Briefly

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple.
  • See disclaimer. This is not an investment site. 
  • Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
  • If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
  • Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution. 
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom. Now, I've added Amazon. And QCOM.
  • Longer version here 
  • The Bakken -- The Day President Trump Visits The Library -- Wednesday, July 1, 2026

    Locator: 51085B.

    Trump: note to my extended family -- YouTube, “The Hill” is televising the Trump visit to the Library now.  On your desktop, open YouTube, and then search “News.” There will be other options but this is incredible right now. 

    Investing: this market is absolutely "insane" -- whatever that means, but it certainly is volatile.  Link here.

    Taxes:

    • California could enact "billionaire's tax" as soon as next year. Will vote later this year.
    • Governor Newsom does not want California to go down this road by itself; wants the "billionaire's tax" to be enacted at the federal / national level.
    • it's a pretty safe bet that a "billionaire's tax" won't happen at the federal level for the next three years or so 
    • Newsome is concerned -- is California the next NYC, the next Denver?  

    The library: President Trump visits today. Open to the public as of July 4, 2026. 

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

    WTI: $68.43.

    New wells reporting

    • Wednesday, July 8, 2026: 14 for the month, 14 for the quarter, 367 for the year, 
      • 41232, conf,  Oasis, Hoehn 5202 41-24 5B
      • 41231, conf,  Oasis, Hoehn 5202 41-24 4B,
      • 41230, conf,  Oasis, Hoehn 5202 41-24 2B, 
      • 41194, conf,  Oasis, Hoehn 5202 41-24 3B,
      • 40624, conf, Devon Energy, Skaar 15-22 7H,
    • Tuesday, July 7, 2026: 9 for the month, 9 for the quarter, 362 for the year, 
      • 41620, conf, Devon Energy, Sanders 34-27 6H,
    • Monday, July 6, 2026: 8 for the month, 8 for the quarter, 361 for the year,
      • None.

    RBN Energy: how the US upstream operations of the integrated majors compare with independent E&Ps. Link here. Archived.

    For decades, the major integrated oil companies have been judged by their global scale, diversified business models and shareholder returns. Yet one question is rarely asked: How competitive are their U.S. upstream businesses when measured against independent E&Ps? In today’s RBN blog, we provide answers that may surprise many investors.

    We began our analysis by isolating the U.S. upstream operations of BP, Chevron, ExxonMobil and Shell to examine where these assets fit within each company’s global portfolio. ExxonMobil and Chevron are the two largest U.S. producers with 2025 output of 2 MMboe/d and 1.87 MMboe/d, respectively, outpacing independents Occidental Petroleum, ConocoPhillips and EOG Resources. BP’s 2025 output was 824 Mboe/d, approximately equal to Devon Energy (before this year’s merger with Coterra), while Shell has by far the lowest U.S. footprint at 378 Mboe/d. We then compared capital spending, reserves and operating focus before benchmarking each company's U.S. upstream performance against comparable independent E&P peer groups using standardized three-year operating and financial metrics. The analysis highlights not only where the majors are investing, but also whether those investments are generating competitive upstream returns. Figure 1 below shows the relative size of the four majors’ U.S. oil and gas reserves (blue bars and left axis) and production (orange line and right axis) that are the subject of this blog.

    Figure 1. 2025 U.S. Oil and Gas Reserves and Production of the Integrated Majors.
    Source: Oil & Gas Financial Analytics LLC

    Theodore Roosevelt Presidential Library -- Opening Day On July 4, 2026 -- President Trump Visiting Today -- Wednesday, July 1, 2026

    Locator: 51084LIBRARY.

    The library will open to the public on July 4, 2026. President Trump will visit today. One was to watch these events: open YouTube app and search for "news." 

    Wiki: link here. Appears to be in progress. 

    President Trump: likely to fly to Bismarck, ND, today, on his new Qatar-gifted 747, and helicopter from Bismarck to the TRPL.  

    Theodore Roosevelt Presidential Library, Medora, ND: a short video, opening day, shuttle busses lining up in Fryburg, ND, to take visitors to the library.

    Map: Fryburg to Medora in far left middle of map below.