OCTG Consumption Growth Impacted By Resource Play Technology

OCTG Consumption Growth Impacted By Resource Play Technology

ST. LOUIS–The active rig count has been the standard barometer of oil and gas industry health for many years, facilitated by the ready availability of weekly rig count data. Directionally, rig counts still indicate the trajectory of industry activity at any given time, but the relationship between rig count and the consumption of hardware and … Read More »

OCTG and Line Pipe Forecast Summit

Key Drivers and the Outlook for 
North America’s Energy Pipe Sector A portion of our conference proceeds will be donated to the hurricane Harvey recovery effort. Tuesday, October 10, 2017 Hilton Houston Post Oak by the Galleria Agenda » | Registration Information » This one day workshop and evening networking reception will be a fact-driven … Read More »

Hot Rolled Steel:

A Case Study of Trouble in the Making Since hot rolled steel prices began rising late last year, increases have amounted to approximately 66%.  Given demand patterns driven by the most recent underwhelming economic reports, this looks to be a case study of trouble in the making. Yes, that is our view.  We know that … Read More »

The OCTG Cycle

In many ways, upstream oil and gas activity represents a classic commodity cycle.  Oil and gas prices go up, we overproduce, prices go down, we produce less, prices start to go up, and we gear up to produce more.  We’ve written ad nauseam in the Preston Pipe and Tube Report about how we think oil … Read More »

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