Statoil Reports A High-IP DUC In The Bakken -- November 9, 2016

Active rigs:

	11/9/2016	11/09/2015	11/09/2014	11/09/2013	11/09/2012
Active Rigs	38	65	193	182	192

No wells coming off the confidential list Thursday.

Six new permits:

• Operators: BR (4), Petro Harvester (2)
• Fields: Cross (McKenzie), Woburn (Burke), Stony Run (Burke)
• Comments:

One producing well completed:

• 29680, 4,135, Statoil, Richard 8-5 5H, Banks, t10/16; cum --; API 33-053-06370; this pad is permitted for 30 tanks; according to FracFocus, this well was fracked 5/29/16 - 6/21/16 with 9.5 million gallons of water; 87% water by mass; and 13% sand by mass;

One permit renewed:

• WPX: an Elm permit in Dunn County 

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The Apple Page

Apple launched a new 12-inch MacBook last April, 2015. That was about 20 months ago.

In its first five days after launch, the new MacBook Pro took in 78% of all the revenue generated by that 12-inch MacBook launched early last year. I cannot get my arms around that one. In five days?

From Macrumors:

Apple's latest MacBook Pro has already outsold all competing laptops this year.

The new MacBook Pro accumulated more revenue from online orders during its first five days of availability than the Microsoft Surface Book, ASUS Chromebook Flip, Dell Inspiron 2-in-1, and Lenovo Yoga 900, based on e-receipt data from 12,979 online shoppers in the United States.

The new MacBook Pro generated over seven times the revenue that the 12-inch MacBook did over its first five days of availability.

If accurate, that means it took the new MacBook Pro just five days to accumulate 78% of all the revenue generated by the 12-inch MacBook since its April 2015 launch.

Staggering. In five (5) days the new MacBook Pro accumulated 78% of all the revenue generated by the 12-inch MacBook since its April 2015 launch. Simply staggering. 

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The Auto Page

GM will lay off 2,000 autoworkers in Michigan, Ohio, at The Washington Post.  

Shifting demand from cars to trucks and SUVs is forcing General Motors to lay off more than 2,000 workers indefinitely at two assembly plants in Ohio and Michigan starting in January.

GM said it will suspend the third shifts at factories in Lordstown, Ohio, and Lansing, Michigan, because of the market change, which is growing and shows no sign of abating.

About 1,250 workers will be furloughed at the Lordstown plant, which makes the Chevrolet Cruze compact car, starting January 23, 2016. Another 840 will be idled at the Lansing Grand River factory, which makes the Chevrolet Camaro and Cadillac ATS and CTS luxury cars, when their shifts end January 16, 2016. 

Bad, bad news coming on the heels of a Trump victory. But worse: the word "indefinitely" in that first paragraph. 

Somebody's Cryin', Chris Isaak