Results Of North Dakota's Quarterly Lease Auction; You Can Own A Piece Of The Bakken For $1/Acre; Raisa Energy Paid $20,000/Mineral Acre in Mountrail County -- August, 2016

Hardly worth noting.

Billings County

• almost all tracts for $1 / acre
• Wildcat Oil & Gas did pay $36 / acre for a 79-acre parcel

Burke County

• $170/acre for several parcels; buyer: Ancient Sunlight Resources, LLC

Divide County

• a few parcels; $50 - $55/acre

Dunn County

• a few parcels for $75/acre, but not much else

Golden Valley County

• $27 - $32 / acre; Petro-Sentinel, LLC; and, NP Resources, LLC

McKenzie County

• one 6.56 acre parcel for $450 / acre
• several parcels, $180 - $220
• many, many parcels for $1 / acre

Mountrail County

• Raisa Energy paid $20,500 - $20,800 for four parcels, each parcel under 75 acres
• see this post for more on Raisa Energy

Stark County

• many, many parcels, all below $10/acre
• most at $1 / acre

Ward County (Minot)

• many parcels, but all $1 / acre

Williams (Williston)

• five parcels; Liberty Resources II, LLC, paid $475/acre for four parcels;

Laying The Dakota Access Pipeline South Of Bismarck-Mandan, ND -- August 11, 2016

Fifteen miles south of Mandan, ND, near St Anthony, ND, pipeline mile marker #116, laying of the Dakota Access Pipeline. Photo taken by a reader.

Been there, done there, got the t-shirt. [If the link is broken, it's from The [London] Guardian, a letter supposedly written by a Lakotan who was protesting the Dakota Access Pipeline. An accompanying photo shows maybe 20 teenagers, with Black Power Salute, in "No Dakota Access Pipeline" t-shirts.]

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The Ledecky Page

The new face of swimming ... and it's Katie Ledecky. The Los Angeles Times.

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Speaking Of Swimming

Could this shark actually live 500 years? Some think so. The Greenland shark.

Nine New Permits; Ten Producing Wells Completed; Six Permits Renewed -- August 11, 2016

Active rigs:

	8/11/2016	08/11/2015	08/11/2014	08/11/2013	08/11/2012
Active Rigs	34	70	194	184	199

Wells coming off confidential list Friday: it appears no wells come off the confidential list until August 16, 2016.

Nine new permits:

• Operators: BR (5), Oasis (4)
• Fields: Blue Buttes (McKenzie), Banks (McKenzie)
• Comments:

Six permits renewed:

• CLR: three Mittlestadt and three Jensen permits, all in Dunn County

Ten producing wells completed:

• 30327, 372, SM Energy, Colleen 4-14HS, West Ambrose, 4 sections, t8/16; cum --
• 30328, 255, SM Energy, Nancy 4-14HN, West Ambrose, 4 sections, t8/16 cum --
• 30329, 290, SM Energy, Maria 4B-14HN, West Ambrose, 2 sections, t8/16; cum --
• 30330, 290, SM Energy, Beth 4B-14HS, West Ambrose, 2 sections, t8/16; cum --
• 30421, 1,060, Hess, HA-Sanford-152-96-1819H-6, Westberg, t7/16; cum --
• 30426, 1,206, Hess, HA-Sanford-LW-152-96-1819H-1, Westberg, t8/16; cum --
• 31666, 887, EOG, Austin 433-3402H, Parshall, t7/16; cum --
• 32335, 370, SM Energy, Nystuen 14-35HN, Moraine, t8/16; cum --
• 32336, 326, SM Energy, Nystuen 14B-35HS, Skabo, t7/16; cum 2K after 13 days;
• 32376, 403, SM Energy, M Haugen 14B-24HN, Smokey Butte, t7/16 cum 7K 6/16;

Dow Hits All-Time High; The Market: Hitting On All Cylinders -- August 11, 2016

 Update

Later, 7:51 p.m. Central Time: apparently DFW Airport recorded a record high for August 11, 2016, today: 103 degrees. Our in-car thermometer showed it to be 105 degrees. I thought it felt hot today while biking. But at least it was a dry heat. LOL.

 

Original Post

 

Wow, I'm in a great mood.

First, a shout-out to all my readers. I appreciate all the comments, tips, photos, etc. I apologize if it takes awhile to get back to everyone or takes awhile to get something posted.

Second, I'm in a great mood because I just had a great 10-mile bike ride during the middle of the day, here in north Texas. And then a few quick laps in the pool to cool off.

Third, look at this: the Dow, S & P 500, and the NASDAQ all close at records on the same day for the first time since 1999. Donald Trump calls it a bubble. I don't know what Hillary calls it but something tells me her Foundation is doing very well. And I'm not talking about her cosmetic foundation but that, too, is probably doing well. Considering.

The 1-second analysis:

The rally was sparked by higher oil prices and earnings reports from U.S. retailers that weren’t as weak as feared.

The 30-year Dow:

The Clinton News Network Short-Circuits -- August 11, 2016

Comment to follow, once I cool down from a 10-mile bike ride in Texas high-noon heat.

Screen shot taken at 3:53 p.m., Thursday, August 11, 2016, Clinton Central Time. The link is here to see if they bother to correct the bullet.