Category Archives: E&P spending

OCTG Forecast: Your ‘OCTGPS’ For 2021

Posted on November 24, 2020 by The OCTG Situation Report®

The year 2020 has certainly been an interesting (aka challenging) one all around. With apologies to Laurel and Hardy, we managed to make it through Septober and Octember and here we are in No-wonder! So where do we go from … Continue reading →

Posted in CAPEX, Crude Oil Prices, E&P spending, Energy, ERW Pipe, Fracking, HRC, OCTG, OCTG CAPEX, OCTG Consumption, OCTG domestic shipments, OCTG Exports, OCTG Imports, OCTG inventories, OCTG Mills, OCTG Processors, OCTG Spot Prices, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Prime Pipe, steel industry, upstream OCTG | Tagged , , , , , , , , , | Leave a comment

Q3 OCTG Inventories: “Déjà Vu All Over Again”

Posted on October 28, 2020 by The OCTG Situation Report®

The results of our exclusive Q3 OCTG Inventory Yard Survey are in and in keeping with the fall season we’re happy to be the bearers of better news and report that inventories of “prime” upstream OCTG are falling, too. In … Continue reading →

Posted in E&P, E&P spending, Energy, ERW Pipe, Inventory, 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, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Onshore, Prime Pipe, Seamless Pipe, steel industry, Tubular Goods, upstream OCTG | Tagged , , , , , , , , , , , , | Leave a comment

OCTG in 2020: For Whom the ‘Well’ Tolls

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

Hard to believe we’re moving past the dog days of summer eight months into a cycle that could be best measured in “dog years.” Oil patch austerity is keeping optimism on a short leash while myriad disruptions in global financial … Continue reading →

Posted in COVID-19, DUCs, E&P, E&P spending, Energy, ERW Pipe, Inventory, OCTG, OCTG Consumption, OCTG Consumption & Pricing, OCTG Exports, OCTG Imports, OCTG inventories, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Spot Prices, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Permian Basin, Prime Pipe, Saudi Arabia/Russia Oil Price War, Shale Plays, steel industry, Tubular Goods, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Q2 OCTG Situation Report: No Quarter Left Behind

Posted on July 29, 2020 by The OCTG Situation Report®

When it comes to wealth every ‘quarter’ counts. It’s no different in the oil patch where our subscribers count on our exclusive quarterly OCTG Inventory Surveys to provide them with a wealth of information-based knowledge about the health of the … Continue reading →

Posted in 2Q20, CAPEX, E&P spending, Energy, ERW Pipe, Inventory, OCTG, OCTG 2H20, 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, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Permian Basin, Prime Pipe, Q2, Seamless Pipe, steel industry, Tubular Goods, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

OCTG in 2H20: “The Good, the Bad & the Ugly”

Posted on June 24, 2020 by The OCTG Situation Report®

Every June we confer with colleagues from all walks of OCTG specifically to examine their outlook for the balance of the year: “the good, the bad and the ugly.” We’ve grown weary of the “un-” words: uncharted, unprecedented, uncertain and … Continue reading →

Posted in 2H20, Department of Commerce, DUCs, E&P, E&P spending, HRC, Inventory, OCTG, OCTG 2H20, OCTG Consumption & Pricing, OCTG domestic shipments, OCTG Exports, OCTG Imports, OCTG inventories, OCTG Mills, OCTG Pricing, OCTG Processors, 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, Tubular Goods, U.S. CAPEX, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , | Leave a comment

Helter ‘Shelter’ in the Oil Patch with OCTG

Posted on May 27, 2020 by The OCTG Situation Report®

It’s May in the oil patch and we hope you’re doing well and staying well in this helter ‘shelter’ world in which we now find ourselves. “Helter-skelter,” as the phrase is known, seems to be an appropriate way to label … Continue reading →

Posted in CAPEX, COVID-19, Crude Oil Prices, DUCs, E&P, E&P spending, Energy, ERW Pipe, OCTG, Saudi Arabia/Russia Oil Price War | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The 1Q20 OCTG Inventory Stimulus Check-in

Posted on April 29, 2020 by The OCTG Situation Report®

What a year the last couple weeks have been! Our exclusive 1Q20 OCTG Inventory Quarterly Report was completed while we hunkered in the bunker as so many of our readers are now doing. Our hearts go out to all of those … Continue reading →

Posted in 2020 E & P Budgets, COVID-19, 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, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Permian Basin, Prime Pipe, Q1, Seamless Pipe, Tubular Goods, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

OCTG’s MARCH WHIPLASH BASH

Posted on March 25, 2020 by The OCTG Situation Report®

If only we could have included an antacid with each Report this month. Yes, there’s a lot to digest here and no, we can’t sugarcoat it. Considering the events of the past month reminds us of an old adage, “the … Continue reading →

Posted in 2020 E & P Budgets, COVID-19, Crude Oil Prices, E&P, E&P spending, Energy, OCTG, OCTG Consumption, OCTG Consumption & Pricing, OCTG domestic shipments, OCTG Exports, OCTG Imports, OCTG Mills, OCTG Pricing, OCTG Processors, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, steel industry, Tubular Goods, U.S. CAPEX, upstream OCTG | Tagged , , , , , , , , , | 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 , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

4Q19 OCTG Inventories: Survival of the Fittest

Posted on January 29, 2020 by The OCTG Situation Report®

Welcome to the new year and a new decade. While the results of our exclusive 4Q19 OCTG Inventory Yard Survey can’t steel you against unforeseen events, we trust it will provide some ‘2020 foresight’ to prepare you for any situation that arises in the tubular market this year. 

Gauging the fitness of the industry by measuring demand for OCTG throughout the entire supply chain across the lower 48 is the goal every quarter and what sets the OCTG Situation Report apart from all others. Our January 2020 Report offers a deep dive into all the metrics that matter in our most recent OCTG inventory yard survey as well as how the changes impact the OCTG market. Continue reading →

Posted in 2020 E & P Budgets, CAPEX, Crude Oil Prices, E&P, E&P spending, Energy, ERW Pipe, HRC, Inventory, OCTG, OCTG CAPEX, OCTG Consumption, OCTG Consumption & Pricing, OCTG domestic shipments, OCTG Exports, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG mill, 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, Q4, Seamless Pipe, Shale, steel industry, Supply Chain, upstream OCTG | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment