Macro/Headlines/Events BKR- U.S.  Land Rig Count was down 1 rig week/week to 753 rigs. For those that attended our Event in Scotland in late August, you will appreciate the Offshore Article below in the WSJ over the weekend. WSJ- The Offshore…

DEP Update:  Happy New Year!  An early release today as we will soon depart North Carolina to return to Houston.  Kicking off this weekend’s note is our first Ruminations piece by our newest team member, Bill Herbert.  This, in our humble opinion, is a…

Macro/Headlines/Events BKR U.S. Land Rig Count.  Down one rig w/w to 759 rigs.  This marks the third weekly decline, albeit the declines thus far are minor.  That said, the E&P commentary noted above, again from a small sample, is consistent with leading edge…