THE OCTG SITUATION ROOM

We’ve come to the end of the third quarter; time to tackle another exclusive OCTG Inventory Yard Survey. The goal of our survey is...

Tight is defined as “difficult to deal with or manage.” Of course, tight is also, “slightly drunk,” but when used in relation to the...

The heat is on in the US and oil patch participants are, likewise, pretty fired up this month. In fact, after spending the past few weeks...

As we think back to this time one year ago we’re grateful to be Marching to the beat of a different drummer. In contrast to last year,...

When you live inside a spreadsheet for weeks at a time sometimes the impact of the stacks of stats can blur. Be that as it may, our...

With a year that felt more like a decade behind us, we welcome 2021 and hope it will be happier and healthier for all. Understandably,...

Our yard survey of the US supply chain revealed that “prime” OCTG inventories in the L48 contracted considerably in the most recent quarter.

We address the situation currently facing the OCTG sector in hopes of navigating a scenario that no one could have envisioned for 2020.

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...

Photo Marubeni-Itochu Tubulars America Inc. Courtesy ©Jim Blecha: oilandgasphotographers.com As May is historically a light news month...

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....