THE OCTG SITUATION ROOM

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 possible each quarter. Much credit goes to the numerous supply chain professionals who inventory pipe at truck terminals, mills, processors and inspection yards throughout the lower 48 every three months. Q3 could easily be titled, “Back to the Future,”

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 ‘Catch-22’) investigation. While the probe is occupying more bandwidth than we have space, we’re going to try and break down the parts most likely to affect OCTG into bite-sized pieces. There are two reasons why OCTG is expected to be impacted by the 232: 1) OC

In the words of baseball legend Yogi Berra, “the future ain't what it used to be.” As we embark on our publication’s 31st annual ‘state

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 ‘the bird,’ and the oil patch has struggled to recoup ever since. Since then we’ve gone from a time when it was hard to imagine pumping oil for much less than $60/bbl to reluctantly accepting $50/bbl as the new normal. And while the present year has served up more than enough apprehensi