Friday, December 2, 2016

North Dakota -- #1 On The Business Prospect List -- Fast Magazine -- December 2, 2016

This is quite interesting. I don't know if folks are acquainted with Fast magazine -- a very legitimate, credible magazine. For North Dakota to be on the short list, much less #1, that's quite impressive. From the Williston Herald linked via a tweet:
Although oil prices plunged from $100 a barrel to $40 two years ago, studies have continued to predict a positive economic outlook for North Dakota. 
A recent study conducted by Fast Company, a business magazine that focuses on technology, business and design, ranked North Dakota No. 1 for best economic prospects for 2017.
This is the Fast magazine story, posted three days ago. Based on data from:
  • Bureau of Labor Statistics;
  • the Bureau of Economic Analysis;
  • the Kauffman startup Index; and, 
  • Zillow
The top ten states with best economic prospects for 2017:
  • North Dakota at #1
  • Oklahoma
  • Texas
  • Michigan
  • California
  • Montana
  • Ohio
  • Washington
  • Minnesota
  • Massachusetts
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NDIC Daily Activity Report

Active rigs:


12/2/201612/02/201512/02/201412/02/201312/02/2012
Active Rigs3964189192182

Four (4) producing wells (DUCs) reported as being completed:
  • 26974, 1,269, Kostelnak 145-97-29B-32-2H, Little Knife, t11/16; cum --
  • 30432, 2,563, Statoil, Jack 21-16 2H, East Fork, t11/16; cum 4K over first 31 days;
  • 31867, 1,079, CLR, Nashville 5-21H, Catwalk, t11/16; cum --
  • 31868, 607, CLR, Nashville 4-21H1, Catwalk, t11/16; cum --
And that's all there was.

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