Category Archives: CAPEX

OCTG Weathers Texas Storms

Weather news has taken the US by storm for the past couple weeks starting with Hurricane Harvey that hit home for so many in the oil patch. While the plight of the people in its path was the first concern, … Continue reading

Posted in CAPEX, E&P, Energy, ERW Pipe, Hurricane Harvey, Inventory, OCTG, OCTG CAPEX, OCTG Imports, OCTG inventories, OCTG Mills, OCTG Pricing, OCTG Processors, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Prime Pipe, Seamless Pipe, Section 232 | Tagged , , , , , , , , , , , | Leave a comment

OCTG Downturn Goes Into Overtime. Will 2H16 Be A Game Changer? 

If you’re reading this today — congratulations, you’re still in the game! You’ve made it to the halfway point of a grueling year. June is the month we confer with a number of OCTG players from all walks of the … Continue reading

Posted in CAPEX, Crude Oil Prices, E&P, Energy, OCTG, OCTG Imports, OCTG inventories, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Prices, Pipe, Prime Pipe, upstream OCTG | Tagged , , , , , , , , , , , , , , | Leave a comment

Oil Patch Confidential: OCTG’s Glut-Wrenching Reality 

The month of February closed on a CERAmonious note as the 35th annual energy conference known as CERAweek convened in Houston in hopes of coming to terms with the challenges of energy in transition. The thunderous ‘Shalelujah’ Chorus that led … Continue reading

Posted in CAPEX, CERAWeek, Cowen & Company, Crude Oil Prices, E&P, E&P spending, Energy, ERW Pipe, OCTG, OCTG CAPEX, OCTG Consumption, OCTG Consumption & Pricing, OCTG Exports, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG Mills, OCTG Pricing, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment | Tagged , , , , , , , , | Leave a comment

Survivor: Oil Patch. The Harsh Reality.

Welcome to a new season of “Survivor: Oil Patch.” The name of the game this episode is finding an advantage to the challenges ignited by the tumultuous oil price environment that blindsided even the most savvy oil patch veterans. Lest … Continue reading

Posted in CAPEX, Crude Oil Prices, E&P, E&P spending, Energy, OCTG, OCTG domestic shipments, OCTG Imports, OCTG Pricing, OCTG Producers, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Oil Prices, Shale, Shale Plays, Tubular Goods, U.S. CAPEX, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , , | Leave a comment

The OCTG Inventory Survey 2Q15: A Can of Worms or A Keeper? 

Mid-summer has arrived, time to tackle another quarterly inventory survey. As y’all know, every three months we launch our “fishing expedition” designed to measure demand for upstream OCTG. This involves culling inventory counts by surveying truck terminals, mills, processors and … Continue reading

Posted in 2015 E&P Budgets, CAPEX, Crude Oil Prices, E&P spending, Inventory, OCTG, OCTG domestic shipments, OCTG Imports, OCTG inventories, oil country tubular goods, Oilpatch, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , | Leave a comment

2015 OCTG Forecast: After the ‘Drill’ Is Gone

It’s the beginning of a new year, the 29th for our Report, and this particular January feels like we’re starting from scratch; as in scratch our prior forecasts for 2015. Seems the new year started with a bang this past … Continue reading

Posted in 2015 E&P Budgets, 2015 OCTG Consumption, 2015 OCTG Forecasts, CAPEX, Crude Oil Prices, E&P, E&P spending, Energy, Inventory, OCTG, OCTG Consumption, OCTG Imports, OCTG Inventory Survey, OCTG Pricing, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Prices, Petroleum, Pipe, Prime Pipe, Q4, Shale, Shale Plays, steel industry, Supply Chain, Tubular Goods, U.S. CAPEX | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

OCTG 2015 Forecasts: Cloudy with a Chance of Anything

Septober, Octember, Nowonder! The last three months have brought a dizzying array of uncertainty and speculation to the oil patch. A single news source will publish one article on the dire state of the crude oil market while the next … Continue reading

Posted in 2015 E&P Budgets, 2015 OCTG Consumption, 2015 OCTG Forecasts, CAPEX, Crude Oil Prices, Nat Gas Prices, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Prices, Prime Pipe, Shale Plays, Tubular Goods, U.S. CAPEX | Tagged , , , , , , , , , , , , , , , , , | Leave a comment