Twitter Updates
- RT @katiemehnert: Facebook friends, colleagues, and community --- Please consider donating towards our bench campaign in honor of the first… 1 week ago
- RT @JosephTriepke: for #Permian rig count to keep rising now is like pushing on a string. 🔒 infillthinking.com/infill-thought… 1 week ago
- “Roll Out the Barrels!”: US Crude oil production has hit an all-time high, lowering prices about $9/barrel less tha… twitter.com/i/web/status/1… 1 week ago
- Looks like the 232 is messin’ with Texas Pipe: cnnmon.ie/2KriF3Q 3 weeks ago
- Maybe it’s the heat, maybe it’s the market but this month everyone in the oil patch seems to be fired up about some… twitter.com/i/web/status/1… 3 weeks ago
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Tag Archives: Inventory
2018 OCTG Forecast | What’s in the Cards for the Coming Year?
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
OCTG Weathers Texas Storms
Weather news has taken the US by storm for the past couple weeks starting with Hurricane Harvey that hit home for so many in the oil patch. While the plight of the people in its path was the first concern, … Continue reading
Posted in CAPEX, E&P, Energy, ERW Pipe, Hurricane Harvey, Inventory, OCTG, OCTG CAPEX, OCTG Imports, OCTG inventories, OCTG Mills, OCTG Pricing, OCTG Processors, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Prime Pipe, Seamless Pipe, Section 232
Tagged E&P, Hurricane Harvey, Inventory, OCTG, octg distributors, OCTG Imports, OCTG Inventory, OCTG mill shipments, OCTG Trade Case, Oil, oil prices, upstream OCTG
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Getting a Read on OCTG Inventories for 2Q17
As we close the chapter on another exclusive quarterly inventory survey, we’re grateful to the hundreds of OCTG yards throughout the supply chain that enable us to get the inside story on inventory volumes across the lower 48. We’ll preface this by saying last quarter’s reveal—exposing the first build in inventories since March of 2015—was a bit of a cliffhanger. Not surprisingly inventories and the suspense continued to build in Q2. As OCTG inventory is a leading barometer of oil patch health, what follows is our read on the situation. Continue reading
Posted in Department of Commerce, ERW Pipe, Hot Rolled Coil, HRC, Inventory, OCTG, 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 Trade Case, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Prime Pipe, Q2, Seamless Pipe, Section 232, Steel Trade Case
Tagged Distributors, Inventory, OCTG Consumption, octg distributors, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG mill shipments, OCTG mills, OCTG Pricing, OCTG Processors, OCTG Producers, OCTG Trade Case, South Korea, truck terminals
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fOiled Again: Section 232’s Catch-22 for OCTG
Every June we take the temperature of the oil patch and judging by the tone of our many conversations this month we’d say, without exception, full ‘June’ fever has taken hold in the form of the Section 232 (aka Section … Continue reading
Posted in 2017 E&P Budgets, OCTG, OCTG Consumption & Pricing, OCTG Forecast 2017, OCTG Imports, OCTG inventories, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Producers, OCTG Spot Prices, OCTG Trade Case, Oil & Gas Industry, Oil Patch, Oil Prices, Prime Pipe, Seamless Pipe, Section 232, steel industry, Tubular Goods, upstream OCTG
Tagged Budgets, Distributors, E&P, Inventory, OCTG, OCTG Imports, OCTG Inventory, OCTG mills, OCTG Processors, OCTG Producers, OCTG Trade Case, Oil, oil and gas industry, oil prices, Section 232, South Korea
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OCTG 4Q16 Inventory: Is the Yard Half Empty or Half Full?
The past 26 months in the oil patch have run our industry through the mill, so the glimmer of light we see at the end of the tunnel sets the tone for a decidedly happier new year. Each January (and … Continue reading
Posted in 2017 E&P Budgets, E&P, E&P spending, Energy, Hot Rolled Coil, HRC, Inventory, OCTG, OCTG CAPEX, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Producers, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Q4, Tubular Goods, upstream OCTG
Tagged 2017 E&P Budgets, Budgets, Distributors, E&P, Inventory, mills, OCTG, OCTG Inventory Survey, oil and gas industry, Oil Country Tubular Goods, oil patch, oil rig activity, oilfield services, Onshore, OPEC, processors, Q4, upstream OCTG
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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 Budgets, Distributors, E&P, HRC, Inventory, mills, OCTG, Pipe, processors, Q3, ScrapSteel, U.S. HRC Spot Price
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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 E & P Capital Budgets, E&P, E&P spending, energy market, inspection yards, Inventory, mills, OCTG, OCTG Consumption, octg distributors, OCTG Imports, OCTG inventories, OCTG mills, OCTG Pricing, Oil & Gas Industry, oil and gas industry, Oil Country Tubular Goods, oil patch, pipe & tube products, processors, Q2, supply chain, truck terminals, Tubular Goods
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