Tesla: Just Kidding -- March 11, 2019; XTO With Six New Permits In The Bakken

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Title : Tesla: Just Kidding -- March 11, 2019; XTO With Six New Permits In The Bakken
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Tesla: Just Kidding -- March 11, 2019; XTO With Six New Permits In The Bakken

Tesla: U-turn -- from the FWIW department --
  • won't close stores
  • will raise prices on vehicles 3% -- except for the $35,000 Model 3
  • market reaction: TSLA -- up 2.4% today; up $6.78; trading at $291
**********************************
Back to the Bakken
 
Active rigs:

$56.79 3/11/2019 03/11/2018 03/11/2017 03/11/2016 03/11/2015
Active Rigs 65 59 45 32 112

Six new permits:
  • Operator: XTO
  • Field: Capa (Williams)
    Comments: XTO has permits for a 6-well Lavern pad in section 14-155-95; Capa oil field
Ten permits renewed:
  • NP Resources (4): four Mosser Federal permits in Billings County
  • RimRock Oil & Gas (4): four Charging Eagle permits in Dunn County
  • Whiting: an Armas permit in Mountrail County
  • Prima Exploration: one State permit in Divide County
Change of operator (operators not mentioned -- current operator listed as Prima Exploration; it looks like they used to be North Plains Energy II LLC wells)

  • fourteen wells changed operator (one was a SWD well)
  • all in Divide County
  • oldest permit: 23707
  • most recent permit: 28988


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