Locator: 49311HURRICANE.
Need we say more?
Hurricane Humberto in September 2025 briefly had the makings of a record-breaking tropical cyclone but largely fizzled out before reaching the continental US. It's not that there have been fewer hurricanes and tropical storms, it's that none have yet made landfall.
Hurricane activity in 2025 was forecast to be more active than usual.
Hurricane season, 2024 prediction for 2025:
Locator: 49309B.
XOM: crushes production estimates -- link here --
Exxon Mobil (NYSE: XOM) topped Wall Street expectations for the third quarter, posting $8.1 billion in adjusted earnings, or $1.88 per share—up from $7.1 billion in Q2—on record output from Guyana and the Permian Basin. Analysts had forecast $1.82 per share, according to LSEG data.
The quarter’s operational strength came despite weaker crude prices, which averaged $68.17 Brent, down 13% year-on-year. Oil and gas production rose to 4.8 million boe/d from 4.6 million in Q2, with record-setting output in both key regions helping offset price softness. Free cash flow, however, fell to $6.3 billion from $11.3 billion a year ago as Exxon spent more on acquiring Permian acreage.
Exxon boosted its quarterly dividend 4% to $1.03 per share and confirmed it remains on track to complete $20 billion in share buybacks this year, after returning $9.3 billion to shareholders last quarter. The company recorded $510 million in restructuring costs but said full-year capital spending will come in slightly below the $27–29 billion guidance range.
In a long note like this there may be typographical and content errors.
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Back to the Bakken
October 30 & October 31, 2025
WTI: $60.98.
Active rigs: 35.
October 30, 2025 --
Six new permits: #42437 - #42442, inclusive:
One producing well (a DUC) reported as completed:
One permit renewed:
October 31, 2025 --
One new permit: #42443 --
One permit renewed:
One permit canceled:
Change of operator: approximately 1,500 permits / wells:
Locator: 49308B.
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