Tag Archives: E&P spending

2Q19 OCTG Inventory Analysis: A Calm Before the Storm or Smooth(er) Sailing Ahead?

The results of our exclusive 2Q19 Quarterly OCTG Inventory Yard Survey could be viewed as a beacon of hope for those who expressed trepidation about the outcome in our midyear market conversations last month. Turns out parties with an ear … Continue reading

Posted in 2019 E&P Budgets, Crude Oil Prices, Department of Commerce, DUCs, E&P, E&P spending, Energy, Hot Rolled Coil, HRC, Inventory, OCTG, OCTG Consumption, OCTG Consumption & Pricing, 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, Supply Chain, Tubular Goods, upstream OCTG | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Oh-CTG! The Problem with Pipe: Rolling with the Punches in 2H16

Welcome ladies and gentlemen to the “heavyweight” main event of the month: the buzz over the bitter cost disparity between seamless and welded OCTG and the narrowing pricing delta between the two. In one corner we have seamless OCTG and … Continue reading

Posted in ERW Pipe, Hot Rolled Coil, HRC, Inventory, OCTG, OCTG inventories, OCTG Inventory Survey, OCTG Mills, OCTG Pricing, OCTG Producers, OCTG Spot Prices, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Prices, Oil Services & Equipment, Seamless Pipe | Tagged , , , , , , , , , , , , , , | Leave a comment

Will OCTG Prove Its ‘Metal’ in 2016?

It’s medal mania all over again as we bask in the afterglow of the 2016 Rio Olympic Games. And it’s “metal” mania here in the OCTG Situation Room as we dig into the various drivers that impact oil country tubular … Continue reading

Posted in 2016 E&P Budgets, Crude Oil Prices, Department of Commerce, E&P, E&P spending, Energy, Hot Rolled Coil, HRC, OCTG, OCTG Imports, OCTG Mills, OCTG Pricing, OCTG Spot Prices, Permian Basin, U.S. HRC Spot Price | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

2Q16 OCTG Inventory Survey Reveal: Ready to Roll or Running on Empty?

The checkered flag has been waved, signaling the results of our 2Q16 OCTG inventory yard survey are in. It is here where the rubber meets the road, suggesting descending inventory stocks are paving the way for improvements moving forward. As … Continue reading

Posted in 2017 E&P Budgets, Crude Oil Prices, 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 & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Prime Pipe, Q2, Supply Chain, Tubular Goods, upstream OCTG | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Weighing in on OCTG Performance: Shedding Tons and Tears 

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

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

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