THE OCTG SITUATION ROOM

When it comes to diagnosing the health of the oil patch there’s no greater panacea than robust drilling activity, but a significant drop...

As the class of “2020” reconvenes at school this month we too are putting on our thinking caps and dusting off our previous 2019...

As we make our way through the dog days of August one begins to wonder if the “drill, baby, drill” mantra from 2008 will evolve into...

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...

While visual evidence of a massive Black Hole made headlines recently, we’re happy to report you won’t find any black holes in OCTG...

If it’s February it must be our “Annual State of the Industry Report.” But alas, that isn’t the ‘Situation’ this month as the shutdown...

The new year got underway with a blustery winter wallop: WTI prices struggling to reach $50/bbl coupled with a government ‘meltdown.’ We...

’Tis the season and it’s tradition for us to start it by ringing in our forecast of all things OCTG for 2019. As we began checking off...

“It is a capital mistake to theorize before one has data.” ~Sherlock Holmes. Holmes clearly understood that having data to back up one’s...

"It is far better to foresee even without certainty than not to foresee at all," ~Henri Poincare, author of “The Foundations of Science.”...

Baseball Hall of Famer and philosopher Yogi Berra said it best: "If you come to a fork in the road, take it!" And so we forge ahead into...

Drum roll, please…the results of our exclusive quarterly OCTG inventory yard survey is here. The objective of this endeavor is always the...

s we barrel ahead toward summer in the oil patch there’s an intermittent up-stream of opportunities for various sectors of the supply chain

As we prepare for our publication’s annual ‘state of the industry’ address every February we often find clues in past years’ metrics and...

As we zoom past 2017 it’s time to bring focus to the current OCTG inventory situation. 4Q17 OCTG inventory results are best framed as a...

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...

As we close the chapter on another exclusive quarterly inventory survey, we’re grateful to the hundreds of OCTG yards throughout the supply