Category Archives: Annual Report

OCTG 2023: The Beginning, ‘Muddle’, and End

Posted on February 28, 2024 by The OCTG Situation Report®

As we closed the chapter on another year in the US OCTG market, our Cliffs Notes version of 2023 can be summed up as, “a year with a distinct beginning, ‘muddle,’ and end.” And so began our highly coveted “Annual State of the Industry Report.” Therein, our subscribers found the inside story on the year that was, along with a host of vital metrics comparing annual OCTG stats for the past three years. Continue reading →

Posted in Annual Report, CAPEX, Crude Oil Prices, Department of Commerce, E&P, E&P spending, Energy, ERW Pipe, Hot Rolled Coil, Hot Rolled Coil Prices, HRC, Inventory, Nat Gas Prices, O&G Mergers, OCTG, OCTG Consumption, OCTG Consumption & Pricing, OCTG domestic shipments, OCTG Exports, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Producers, OCTG Spot Prices, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Permian Basin, Prime Pipe, Seamless Pipe, Shale Plays, steel industry, Supply Chain, Tubular Goods, U.S. CAPEX, U.S. HRC Spot Price, upstream OCTG, WTI prices | Tagged E&P, ERW OCTG, OCTG, OCTG Capacity, OCTG Consumption, OCTG Consumption & Pricing, OCTG Imports, OCTG mills, OCTG Pricing, OCTG Processors, Oil Country Tubular Goods, The OCTG Situation Report | Leave a comment

OCTG Year in Review: Will The Stars Align in ’22

Posted on February 23, 2022 by The OCTG Situation Report®

As we prepared to launch our 36th annual ‘state of the industry’ address, the atmosphere in the OCTG space and center of gravity; Houston was—dare we say—giddy. After two years of dark matter, “giddy” is a feeling that’s almost alien … Continue reading →

Posted in Annual Report, CAPEX, Crude Oil Prices, Department of Commerce, DUCs, E&P, E&P spending, Energy, ERW Pipe, Hot Rolled Coil, HRC, Inventory, OCTG, OCTG CAPEX, OCTG Consumption, OCTG Consumption & Pricing, OCTG domestic shipments, OCTG Exports, OCTG Imports, OCTG inventories, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Producers, OCTG Spot Prices, OCTG Trade Case, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Permian Basin, Prime Pipe, Seamless Pipe, Shale Plays, steel industry, Steel Trade Case, Supply Chain, Tubular Goods, U.S. HRC Spot Price, upstream OCTG, WTI prices | Tagged E&P, OCTG, OCTG Consumption, OCTG Consumption & Pricing, octg distributors, OCTG Imports, OCTG Inspection Yards, OCTG Inventory, OCTG mill shipments, OCTG mills, OCTG Pricing, OCTG Processors, OCTG Producers, OCTG Spot Prices, OCTG Supply, OCTG Supply Forecast, OCTG Trade Case, Oil & Gas Industry, Oil Country Tubular Goods, The OCTG Situation Report, upstream OCTG | Leave a comment

2020 OCTG Checkup + 2019 Annual Report

Posted on February 26, 2020 by The OCTG Situation Report®

We often speak of the health of the oil patch in terms of the general state of the market, but it’s not often that it’s discussed in the broader context of the “human condition.” This year “health,” when considered in … Continue reading →

Posted in 2020 E & P Budgets, Annual Report, CAPEX, Crude Oil Prices, E&P, E&P spending, Energy, ERW Pipe, Inventory, OCTG, OCTG CAPEX, OCTG Consumption, OCTG Consumption & Pricing, OCTG domestic shipments, OCTG Exports, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Producers, OCTG Spot Prices, OCTG Trade Case, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Permian Basin, Prime Pipe, Seamless Pipe, Section 232, Shale Plays, steel industry, Steel Tarrifs, Supply Chain, U.S. CAPEX, U.S. HRC Spot Price, upstream OCTG, WTI prices | Tagged Corona, Coronavirus, COVID-19, E&P, OCTG, OCTG Capacity, OCTG Consumption & Pricing, octg distributors, OCTG Exports, OCTG Imports, OCTG Inspection Yards, OCTG Inventory, OCTG Inventory Survey, OCTG mill, OCTG mills, OCTG Pricing, OCTG Processors, OCTG Producers, OCTG Spot Prices, OCTG Supply Forecast, OCTG Trade Case, Oil, oil prices, OPEC, The OCTG Situation Report | Leave a comment

‘Crude’ For Thought: OCTG Pricing Fares Less Than Well

Posted on February 25, 2015 by The OCTG Situation Report®

The crude awakening continues for the second month of the new year, bringing cold comfort for the deep freeze that’s taken over the oil patch. February is the month of our annual state of the ‘industry’ address: a time when … Continue reading →

Posted in 2015 OCTG Consumption, 2015 OCTG Forecasts, Annual Report, Crude Oil Prices, Inventory, OCTG, OCTG Consumption, OCTG Exports, OCTG Imports, OCTG Pricing, OCTG Producers, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Prices, Prime Pipe, Shale, Shale Plays, steel industry, Supply Chain, Tubular Goods | Tagged OCTG, OCTG Consumption, OCTG Imports, OCTG mills, OCTG Pricing, Oil & Gas Industry, Oil Country Tubular Goods, oil patch, pipe & tube products, prime pipe, Shale Plays, The OCTG Situation Report, Tubular Goods | Leave a comment

“State of The ‘OCTG’ Address”

Posted on February 20, 2013 by The OCTG Situation Report®

February traditionally is our Annual Report, or state of the ‘OCTG’ address if you will; a Report wherein we look back at what was, with the idea of gleaning some idea of what might be. So here’s our brief from … Continue reading →

Posted in Annual Report, Energy, Inventory, OCTG, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Pipe, Prime Pipe, Shale Plays, steel industry, Tubular Goods | Tagged Annual Report, Fracking, Horizontal Drilling, OCTG, OCTG Imports, OCTG Pricing, Oil & Gas Industry, oil and gas industry, Oil Country Tubular Goods, oil patch, pipe & tube products, Shale Plays, State of The OCTG Address, The OCTG Situation Report, Year-End | Leave a comment