Category Archives: Nat Gas Prices

Orbiting The OCTG Space: Inventories Down Amidst A Cluster of Conditions

Posted on April 30, 2024 by The OCTG Situation Report®

Greetings earthlings! We hope all remains well in your galaxies. It’s been quite a cosmic start to the year you might say, what with two eclipses and a bunch of planetary retrogrades, not to mention four forthcoming super full moons … Continue reading →

Posted in 1Q24 OCTG Inventory Survey, Crude Oil Prices, E&P, E&P spending, Energy, ERW Pipe, Fracking, Hot Rolled Coil, Hot Rolled Coil Prices, HRC, Nat Gas Prices, OCTG, OCTG CAPEX, OCTG Consumption, OCTG Consumption & Pricing, OCTG domestic shipments, OCTG Exports, OCTG Imports, OCTG Inventory Survey, OCTG Mills, OCTG Processors, OCTG Producers, OCTG Spot Prices, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Oilpatch, Onshore, Permian Basin, Prime Pipe, Q1, steel industry, Supply Chain, Tubular Goods, U.S. CAPEX, U.S. HRC Spot Price, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , | Leave a comment

OCTG Fall Color from 30,000 Feet: Pitfalls & Windfalls

Posted on September 27, 2023 by The OCTG Situation Report®

The official start of fall comes later this week with the autumnal equinox on September 23, but by all measures the OCTG business got a head start on the ‘fall’ season this year. While prices and shipments started to drop … Continue reading →

Posted in Crude Oil Prices, E&P, E&P spending, Energy, ERW Pipe, Hot Rolled Coil, Hot Rolled Coil Prices, HRC, Inventory, Nat Gas Prices, 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, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Permian Basin, Prime Pipe, Seamless Pipe, Shale Plays, steel industry, Tubular Goods, U.S. HRC Spot Price, U.S. Steel, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , , , , | Leave a comment

OCTG’S Q2 Curveball: A Win or Rainy Day Delay? 

Posted on July 27, 2023 by The OCTG Situation Report®

When it comes to OCTG inventory, it’s commonly accepted that The OCTG Situation Report is in a league of its own. Each quarter we swing into action to report the results of the prior quarter. By now, most oil patch … Continue reading →

Posted in 2Q23 OCTG Inventory, ERW Pipe, Hot Rolled Coil, HRC, Inventory, Nat Gas Prices, OCTG, OCTG Consumption, OCTG Consumption & Pricing, OCTG domestic shipments, OCTG Exports, OCTG Imports, 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, Onshore, Prime Pipe, Seamless Pipe, Tubular Goods, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , , | Leave a comment

Absorbing OCTG’s ‘InTAXicating’ Increase in 1Q23

Posted on April 26, 2023 by The OCTG Situation Report®

It’s that taxing time of year when subscribers count on us to roll up our sleeves and crunch the numbers in order to provide an accurate accounting of OCTG inventories on the ground. Our analysis, derived from our exclusive quarterly … Continue reading →

Posted in 1Q23 OCTG Inventory, CAPEX, Crude Oil Prices, E&P, E&P spending, ERW Pipe, Hot Rolled Coil, HRC, Inventory, Nat Gas Prices, OCTG, OCTG Consumption & Pricing, 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, Shale Plays, steel industry, Tubular Goods, U.S. CAPEX, U.S. HRC Spot Price, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , , , | Leave a comment

As The ‘Pipe’ Turns: Zooming in on the Annual State of the Industry Report 

Posted on February 28, 2023 by The OCTG Situation Report®

This month we presented another episode of As The ‘Pipe’ Turns, aka our OCTG-rated, commercial-free, 37th “Annual State of the Industry Report.” In this action-packed edition we published a host of vital metrics for the past three years detailed in … Continue reading →

Posted in Crude Oil Prices, E&P, E&P spending, Energy, ERW Pipe, Hot Rolled Coil, HRC, Nat Gas Prices, OCTG, OCTG Exports, OCTG Imports, 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 Services & Equipment, Onshore, Prime Pipe, Seamless Pipe, Supply Chain, Tubular Goods, U.S. CAPEX, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

What’s Up Downhole in “The Year of the Water Rabbit” 

Posted on January 31, 2023 by The OCTG Situation Report®

As we enter “The Year of the Water Rabbit,” one can’t help but wonder if it will be as hair-raising as the three years that proceeded it? Chinese lore has it that the Water Rabbit symbolizes peace and prosperity so … Continue reading →

Posted in 2023 E&P Budgets, CAPEX, Crude Oil Prices, E&P spending, Energy, ERW Pipe, Fracking, Hot Rolled Coil, HRC, Inventory, Nat Gas Prices, 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, Onshore, Permian Basin, Prime Pipe, Q4, Seamless Pipe, steel industry, Supply Chain, Tubular Goods, U.S. CAPEX, U.S. HRC Spot Price, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Q3 OCTG Inventory Quarterly: Back to the Future

Posted on October 26, 2022 by The OCTG Situation Report®

Another quarter wrapped; time to zoom in on the results of our exclusive OCTG inventory yard survey. First, we want to give props to the cast and crew who work behind the scenes to make this production possible each quarter. … Continue reading →

Posted in Hot Rolled Coil, HRC, Inventory, Nat Gas Prices, 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, Q3, Seamless Pipe, steel industry, Supply Chain, Third Quarter, Tubular Goods, U.S. CAPEX, upstream OCTG, WTI prices | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

2Q22 OCTG Inventories: The Definitive Situational Analysis 

Posted on July 27, 2022 by The OCTG Situation Report®

It was an all hands-on-deck endeavor this month as we tackled our exclusive 2Q22 OCTG Inventory Yard Survey. While most of you know the ropes, we want to remind everyone that we host our quarterly inventory surveys to measure demand … Continue reading →

Posted in Crude Oil Prices, E&P, E&P spending, Energy, ERW Pipe, Hot Rolled Coil, HRC, Inventory, Nat Gas Prices, 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, Prime Pipe, Q2, Seamless Pipe, steel industry, Supply Chain, Tubular Goods, upstream OCTG, WTI prices | Tagged , , , , , , | 2 Comments

OCTG Update | Winning with The Inside Track

Posted on May 25, 2022 by The OCTG Situation Report®

If you happened to witness or catch a replay of the most recent and historic Kentucky Derby, then you saw Rich Strike strike it rich by delivering the most epic upset in the 148-year history of the fabled race by … Continue reading →

Posted in Crude Oil Prices, E&P, E&P spending, Energy, ERW Pipe, Hot Rolled Coil, HRC, Inventory, Nat Gas Prices, OCTG, OCTG Consumption, 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 Prices, Oil Services & Equipment, Onshore, Permian Basin, Prime Pipe, steel industry, Steel Tarrifs, Steel Trade Case, Supply Chain, Trade Case, Tubular Goods, upstream OCTG, WTI prices | Tagged , , , , , , , | Leave a comment