Tag Archives: OCTG Pricing

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

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

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

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

2017 U.S. OCTG Mill Supply Forecast: The Million ‘Tubes’ March

The quote, “Prediction is very hard, especially about the future” captures the essence of the responses we received to our request for domestic OCTG mills supply forecasts in a year where uncertainty seems to be the only certainty. Thus, we … Continue reading

Posted in E&P, Energy, ERW Pipe, OCTG, OCTG Consumption, OCTG domestic shipments, OCTG Imports, OCTG Mills, OCTG Trade Case, oil country tubular goods, Oil Patch, Oil Services & Equipment, Onshore, Seamless Pipe | Tagged , , , , , , , , , , , , , , , , | 2 Comments

Santa vs Scrooge: 2017 OCTG Forecasts

As we prepared to weigh in on our 2017 OCTG forecasts we couldn’t help but look back over the past two years with a mix of shock and awe. It was Thanksgiving Day 2014 when OPEC all but gave us … Continue reading

Posted in 2017 E&P Budgets, Crude Oil Prices, E&P, E&P spending, OCTG, OCTG Consumption, OCTG Consumption & Pricing, OCTG Forecast 2017, OCTG Mills, OCTG Pricing, OCTG Producers, Oil & Gas Industry, Oil & Gas Pricing, Oil Country Tublular Goods, Oil Patch, Oil Prices, Oil Services & Equipment | 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