Attention ‘Drill’ Seekers!

Photo courtesy EVRAZ, Inc. NA

Photo courtesy EVRAZ, Inc. NA

Susan Murphy | Publisher

Susan Murphy | Publisher

Attention Drill Seekers! Houston took center stage in early March for the annual IHS CERAweek, an “unconventional” convention where the energy elite gathered to do some shale bonding and gush over the new energy reality lead by none other than the United States of America. By all accounts, “optimism” was the theme that flowed throughout the convention this year.

Could the CERAweek pep rally portend a possible pipe rally? We all know if operators are drill-happy, pipe producers and sellers are sharing their joy. If we can work through some of the days most pressing energy issues we expect to see some light at the end of the tunnel in the second half of the year. This month in The OCTG Situation Report we update our forecast for U.S. OCTG consumption and what to expect in the way of drilling looking forward.

With all the fanfare surrounding CERAweek, those of us in this industry might be accused of blowing our own horn. It wasn’t, after all, that long ago that the concept of American oil self-sufficiency was a mere pipe dream. We, however, prefer to think of the efforts to bring this new energy boom to America as the ultimate CERAnade.

About The OCTG Situation Report

Susan Murphy is the publisher of The OCTG Situation Report, a leading authority focused on the North American Oil Country Tubular Goods market. Susan has worked alongside the founder of The OCTG Situation Report, Duane Murphy (and yes, there is a family connection!) for the past decade assisting in various aspects of producing the monthly publication and special projects including market research and development. It had long been suspected that Susan carried the 'OCTGene,' a fact that was confirmed when she took the reins in 2012. A native of Michigan and now practicing cowgirl, Susan employs her education from both the University of Michigan and Michigan State University bringing her expertise in the areas of research, marketing, branding and creative and technical writing to The Report. She has also enjoyed a successful business career as a lauded entrepreneur, running her own brand/marketing and advertising/design firms.
This entry was posted in CERAWeek, Energy, Fracking, Horizontal Drilling, OCTG, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Pipe, Prime Pipe, Shale, Shale Plays and tagged , , , , , , , , , , , . Bookmark the permalink.

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