“Close Encounters Of The ‘Inventory’ Kind”

Photo Courtesy BP PLC

Photo Courtesy BP PLC

Susan Murphy | Publisher

Susan Murphy | Publisher

Our inventory survey, designed to measure the demand for OCTG, encompasses the entire supply chain. This production involves a cast of characters who count pipe at truck terminals, mills, processors and inspection yards across the lower 48 every quarter.

While this quarter wasn’t a blockbuster, it wasn’t a bust either. You’ll find all the details in the “coming attractions” in the way of charts, tables and commentary in this month’s market intelligence.

A close-up look at the leading indicators of OCTG demand signal a mostly positive outlook for the remainder of the year provided there’s no unforeseen economic upsets and imports don’t upset the pipe cart.

So as the credits roll and the screen fades to black on our Q1 inventory survey, our analysis and conclusion is that this most recent quarter has a mostly happy ending. And that friends, is a wrap!

About The OCTG Situation Report

Susan Murphy is the Publisher + Editor in Chief 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 First Quarter, Inventory, OCTG, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Prime Pipe, Q1, Shale Plays, Tubular Goods and tagged , , , , , , , , , , , , . Bookmark the permalink.

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