Category Archives: Q3

OCTG Q3 Inventories: “Back to the Future”

Another quarter wrapped; time to zoom in on the results of The OCTG Situation Report’s 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 … Continue reading

Posted in 2017 E&P Budgets, Department of Commerce, DUCs, E&P, E&P spending, Energy, ERW Pipe, HRC, Inventory, OCTG, OCTG CAPEX, OCTG Consumption, OCTG Consumption & Pricing, OCTG domestic shipments, OCTG Exports, OCTG Forecast 2017, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG mill, 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, Prime Pipe, Q3, Seamless Pipe, Section 232, steel industry, Steel Trade Case, Supply Chain, Third Quarter, Trade Case, Tubular Goods, upstream OCTG | Tagged , , , , , , , , , , , | Leave a comment

3Q16 Inventory: Cracking the Case of the Absent OCTG Tonnages

“It is a capital mistake to theorize before one has data,” ~Sherlock Holmes. Holmes clearly understood that having data to back up one’s conclusions is paramount and our quarterly OCTG inventory yard survey is further proof of this fact. This … Continue reading

Posted in DUCs, E&P, E&P spending, Energy, ERW Pipe, Hot Rolled Coil, HRC, Inventory, OCTG, OCTG CAPEX, OCTG Consumption, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Producers, OCTG Spot Prices, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Onshore, Prime Pipe, Q3, Seamless Pipe, steel industry, Trade Case, Tubular Goods, U.S. HRC Spot Price, upstream OCTG | Tagged , , , , , , , , , , , | Leave a comment

Rolling Though A Rough ‘Patch’ in OCTG

We’ve made it through the end of a grueling third quarter; time to tackle our Q3 Inventory Yard Survey. The goal of our exclusive survey remains the same: measuring demand for upstream OCTG and reading the signals that gauge the … Continue reading

Posted in E&P, E&P spending, Energy, ERW Pipe, OCTG, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG Mills, OCTG Processors, OCTG Producers, Q3, Seamless Pipe | Tagged , , , , , , , , , , , | 1 Comment

Spooky Oil Prices Fore-Cast A Spell On Year-end OCTG Results 

Bubble, bubble oil and trouble: it seems as though an attempt has been made to drown out the results of our Q3 U.S. OCTG Inventory Yard Survey and October Report by the dreaded sound of hydrocarbon prices dropping. We’ll address … Continue reading

Posted in CAPEX, E&P, E&P spending, Energy, Horizontal Drilling, Inventory, Nat Gas Prices, OCTG, OCTG Consumption, OCTG Imports, OCTG Inventory Survey, OCTG Pricing, OCTG Producers, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Prices, Petroleum, Pipe, Prime Pipe, Q3, Shale, Shale Plays, steel industry, Supply Chain, Third Quarter, Tubular Goods, U.S. CAPEX | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The 3Q14 OCTG Situation Report Card

September has arrived, time to turn the page on another summer and write a new chapter in OCTG. We’ve gathered our ‘OCTG-U’ profs to review what we’ve learned thus far, crunch the numbers and chart the course for the last … Continue reading

Posted in Department of Commerce, E&P, E&P spending, ITC, OCTG, OCTG Pricing, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Q3, Trade Case, Tubular Goods | Tagged , , , , , , , , , , | Leave a comment

Fare-Thee-Well: OCTG in 2014 | Some Food For Thought

Tis the season: the time when we sift through stacks of data in order to provide some grist for the mill. No one is immune to the pitfalls inherent in prognostication, even Yogi Berra is noted for saying, “Prediction is … Continue reading

Posted in CAPEX, E&P, E&P spending, Energy, OCTG, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Pipe, Prime Pipe, Q3, Tubular Goods, U.S. CAPEX | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Survival of the Fittest: Weighing in on Oil Patch Performance

Y’all know the drill: it’s the end of Q3 and time to determine how the oil patch is shaping up for the balance of the year. The goal of this exercise is always the same: gauging the fitness of the … Continue reading

Posted in Government Shutdown, Inventory, OCTG, OCTG Inventory Survey, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Pipe, Prime Pipe, Q3, steel industry, Third Quarter, Tubular Goods | Tagged , , , , , , , , | Leave a comment