Tag Archives: CAPEX

OCTG 2H19: Rolling with the Punches

Posted on June 26, 2019 by The OCTG Situation Report®

Each year in June we take the temperature of the oil patch, speaking with people from every walk of the supply chain to get a sense of the market from their perspective. This exercise inevitably yields valuable and colorful commentary … Continue reading →

Posted in 2019 E&P Budgets, CAPEX, Cowen & Company, Crude Oil Prices, Department of Commerce, E&P, E&P spending, Energy, ERW Pipe, Inventory, OCTG, OCTG 2019 Forecast, OCTG 2H19, 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, Q2, Section 232, steel industry, Steel Tarrifs, Steel Trade Case, Supply Chain, Tubular Goods, upstream OCTG | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

2018 OCTG Forecast | What’s in the Cards for the Coming Year? 

Posted on November 30, 2017 by The OCTG Situation Report®

Each November we examine numerous oilfield metrics to determine what might be in the cards for the coming year. Will the deck be stacked in favor of or against OCTG in 2018? Here’s our read. On November 30, the powers … Continue reading →

Posted in OCTG, OCTG CAPEX | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted on June 29, 2016 by The OCTG Situation Report®

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

Weighing in on OCTG Performance: Shedding Tons and Tears 

Posted on January 27, 2016 by The OCTG Situation Report®

As we proudly celebrate three decades of OCTG reporting this year I’ve decided to break with tradition and start my blog post from a personal perspective. First I want to thank our founder, Duane Murphy, who 30 years ago had … Continue reading →

Posted in Cowen & Company, E&P spending, OCTG, OCTG CAPEX, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Producers, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Prices, Oil Services & Equipment, Onshore, Prime Pipe, Q4, steel industry, Supply Chain, Tubular Goods, U.S. CAPEX, upstream OCTG | Tagged , , , , , , , , , , , , , , | 1 Comment

Survivor: Oil Patch. The Harsh Reality.

Posted on August 20, 2015 by The OCTG Situation Report®

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? 

Posted on July 29, 2015 by The OCTG Situation Report®

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

Posted on January 29, 2015 by The OCTG Situation Report®

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

Posted on November 21, 2014 by The OCTG Situation Report®

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

OCTG: “The Good, the Bad and the Ugly”

Posted on June 18, 2013 by The OCTG Situation Report®

We took an informal poll across the supply chain this month to examine the OCTG outlook for the balance of the year: “the good, the bad and the ugly.” The objective was to determine if the deck is stacked in … 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 | Tagged , , , , , , , , , , , | Leave a comment