Jonathan and Jake Yentzen are Pipe Brothers. Buying and selling OCTG, line pipe, and structural pipe for a combined 30 years, their careers have focused on helping operators reduce their costs in the upstream oil and gas industry. Talking about the industry is a day to day occurrence for the brothers…. So one day they decided to start recording. Follow Jon and Jake as they discuss the many topics relevant to upstream oil and gas professionals. Because it’s about more than just pipe!
Ep 117 - OCTG Market Update: September 2024 Is pricing changing direction?
Is September the start of something different in the Oil Country Tubular Market? Stream the latest episode to find out!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Looking for OCTG Inventory ? Check out https://inventory.coastalpipeofla.com/
If you have any used, surplus, end of life tubulars please contact us @ 337 896 8462 and jake@coastalpipeofla.com & jonathan@coastalpipeofla.com
Follow us On Social Media!
Linkedin: Jake Yentzen | Jonathan Yentzen
Twitter: Jake Yentzen | Jonathan Yentzen
Facebook: Pipe Brothers Podcast | Coastal Pipe of LA
Instagram: Coastal Pipe of LA
TikTok: Jonathan Yentzen
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Has supply and demand hit that sweet spot?
Structural Pipe supply and demand has seem to hit an equilibrium, but is it here to stay? What does the pre and post election future have to offer for the Fence Pipe Market? Listen to the latest episode for all the details! Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Looking for OCTG Inventory ? Check out https://inventory.coastalpipeofla.com/
If you have any used, surplus, end of life tubulars please contact us @ 337 896 8462 and jake@coastalpipeofla.com & jonathan@coastalpipeofla.com
Follow us On Social Media!
Linkedin: Jake Yentzen | Jonathan Yentzen
Twitter: Jake Yentzen | Jonathan Yentzen
Facebook: Pipe Brothers Podcast | Coastal Pipe of LA
Instagram: Coastal Pipe of LA
TikTok: Jonathan Yentzen
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
Where is the pre-election OCTG market headed?
It’s Election year again, and along with probably every other market, the OCTG market is faced with man-made issues. What are these issues and how does it affect supply and demand? Tune in for your Oil Country Tubular Good update!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Looking for OCTG Inventory ? Check out https://inventory.coastalpipeofla.com/
If you have any used, surplus, end of life tubulars please contact us @ 337 896 8462 and jake@coastalpipeofla.com & jonathan@coastalpipeofla.com
Follow us On Social Media!
Linkedin: Jake Yentzen | Jonathan Yentzen
Twitter: Jake Yentzen | Jonathan Yentzen
Facebook: Pipe Brothers Podcast | Coastal Pipe of LA
Instagram: Coastal Pipe of LA
TikTok: Jonathan Yentzen
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Where is the Oil Pipe Structural Market Headed for May?
After a few weeks of “Moving Sideways” for spring is structural pipe going to pick a side or are we going to get a few more weeks of the same? Tune in for more talk on the Structural Market and what to expect in the coming weeks.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Looking for OCTG Inventory ? Check out https://inventory.coastalpipeofla.com/
If you have any used, surplus, end of life tubulars please contact us @ 337 896 8462 and jake@coastalpipeofla.com & jonathan@coastalpipeofla.com
Follow us On Social Media!
Linkedin: Jake Yentzen | Jonathan Yentzen
Twitter: Jake Yentzen | Jonathan Yentzen
Facebook: Pipe Brothers Podcast | Coastal Pipe of LA
Instagram: Coastal Pipe of LA
TikTok: Jonathan Yentzen
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
The Pipe don’t haul itself
If there’s one subject in the Pipe Game we don’t talk about enough, it’s definitely the trucking / freight side of things. This important aspect of our industry doesn’t get the attention that it deserves. Tune in this week as we discuss the current market around hauling pipe and where it’s headed in the near future.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Looking for OCTG Inventory ? Check out https://inventory.coastalpipeofla.com/
If you have any used, surplus, end of life tubulars please contact us @ 337 896 8462 and jake@coastalpipeofla.com & jonathan@coastalpipeofla.com
Follow us On Social Media!
Linkedin: Jake Yentzen | Jonathan Yentzen
Twitter: Jake Yentzen | Jonathan Yentzen
Facebook: Pipe Brothers Podcast | Coastal Pipe of LA
Instagram: Coastal Pipe of LA
TikTok: Jonathan Yentzen
Links for subjects mentioned in the show:
Craig Fuller’s Twitter’s Handle
All About Tender Rejection
What effects would a conflict with Iran and Israel have on OCTG Supply and Demand? Jake and Jon discuss this as well as what Mortal Kombat Character had Sais.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Looking for OCTG Inventory ? Check out https://inventory.coastalpipeofla.com/
If you have any used, surplus, end of life tubulars please contact us @ 337 896 8462 and jake@coastalpipeofla.com & jonathan@coastalpipeofla.com
Follow us On Social Media!
Linkedin: Jake Yentzen | Jonathan Yentzen
Twitter: Jake Yentzen | Jonathan Yentzen
Facebook: Pipe Brothers Podcast | Coastal Pipe of LA
Instagram: Coastal Pipe of LA
TikTok: Jonathan Yentzen
Links for subjects mentioned in the show:
Cleaning and Drifting Tubing
Bucking and Turning Collars
Hydrostatic Testing of Tubing
EMI Inspection of Tubing
The Thickness of a sheet of paper
Pricing Continues to Settle
More of the same? Short answer is yes, but for a more nuanced explanation with grade A quality dad jokes tune in!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Looking for OCTG Inventory ? Check out https://inventory.coastalpipeofla.com/
If you have any used, surplus, end of life tubulars please contact us @ 337 896 8462 and jake@coastalpipeofla.com & jonathan@coastalpipeofla.com
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Are you a young OCTG Salesperson in the industry?
Are you trying to create win / win scenarios for you and your customers?
Then this the the Podcast for you!
In the Pipe Business you’re either building bridges or burning them. Tune in this week for some “Best Advice” from the brothers.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Is it time to Question this sacred cow?
As far back as anyone can remember, there’s always been the 8R connection.
But why do we stick with such a dated agricultural thread as our staple go-to thread?
Granted there are many threads out there that have proved superior, but as the cost for operating have gone crazy over the past few years maybe its time we start to rethink how we thread pipe that can help everyone, from small time operators to larger independents
Joining me today is Greg Trowbridge of Falcon Engineering as we discuss new ways of thinking about things that challenge the paradigm of “that’s how it’s always been done” and how thinking differently can save time and money all the way through your operations.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for subjects mentioned in the show:
Contact Greg: Greg@falcon-eng.co.nz
A Refresher Course of Sorts
Trying out Tiktok live and reminding the public on how yellow band tubing can save your operations money and time!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for subjects mentioned in the show:
Cleaning and Drifting Tubing
Bucking and Turning Collars
Hydrostatic Testing of Tubing
EMI Inspection of Tubing
The Thickness of a sheet of paper
Starting off: What do you call Structural Pipe where you’re from? The Oilfield pipe we use to build fences with gets different names from different areas. Some call it Drill Stem, Oil Pipe, Bell Pipe among many. Let us know what you call it in your neck of the woods. Also tune in for the latest on the market supply of all of the above Do you like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
Checking in on the OCTG Market for March
Is the downward pricing trend continuing? Tune in this week and get the latest OCTG Market News!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Where is Drillstem pricing going? Are you in the pipe fence building industry? Want more info on where Drillstem prices are going? Give us a listen to find out! Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
With a Focus on the used because we’re used guys A brief guide on Chrome tubing in the OCTG Marketplace for 2024. Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for subjects mentioned in the show:
Cleaning and Drifting Tubing
Bucking and Turning Collars
Hydrostatic Testing of Tubing
EMI Inspection of Tubing
The Thickness of a sheet of paper
Starting it off with OCTG Market Update for February 2024
Well we’re back for 2024, lets see what the OCTG market is up to!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
A quick recap on all the necessary tools for buying and selling OCTG in today’s fast paced steel market.
Links for Tools Used:
https://www.shars.com/
https://www.insize.com
https://www.mitutoyo.com/
https://ludlums.com/
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for subjects mentioned in the show:
Cleaning and Drifting Tubing
Bucking and Turning Collars
Hydrostatic Testing of Tubing
EMI Inspection of Tubing
The Thickness of a sheet of paper
Want to try your hand at selling your Surplus Pipe?
Are you an operator with some Surplus Pipe on hand? Are you a Pipe Dealer looking to get some pipe out there and flip it? This week we’re talking about tips and tricks on how to market your Surplus Pipe.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Do the seasons affect Structural Pipe Demand? With the summer doldrums fading into the background as fall begins to approach, where does that leave structural prices? Is there a seasonal rebound on demand? Tune in for this episode of Pipe Brothers - Structural update to find out!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
Whats OCTG markets up to Sliding into 4th quarter 2023?
Fall is coming, but are OCTG prices falling as well? Tune into our September update and get all the details.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Not all Pipe is ready for the Rig
Due to the recent flux of new but green talent to the OCTG side of sales, we thought it would be a good time to knock the dust off of why you should make sure the pipe is Rig Ready prior to being called out. Yards can’t read minds and rigs won't be checking in with you.
Photo by WORKSITE Ltd. on Unsplash
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for subjects mentioned in the show:
Cleaning and Drifting Tubing
Where are inventory levels now? Summer is heating up, but where does that put the Structural Pipe Supply? Jake and Jon try to figure it out and see where it’s headed. Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Photo by Museums Victoria on Unsplash
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
Dialing in the forecast for June to December
Long forecast for a long absence. Where is OCTG trending this month and for the rest of the year?
Links Mentioned on this show:
Twitter:
The Turkey Scrap Guy
Craig Fuller (Freight Guy)
605_gemini handing out helpful freight market info on Tik-Tok
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Spring is here, does that bring pipe shortages with it? Tune in this month to hear us prognosticate about it. Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
Where is OCTG pricing headed?
Time for a quick update! It’s been a slow trickle to the downside with OCTG Pricing. Tune in to find out where we think it’s headed.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Microgrids seem to be a hot topic on the internet, but where could they be implemented best to prove the concept? Maybe areas that routinely deal with power outages from storms, such as Southern Louisiana and the Greater Gulf Coast, but what are the pros and cons? This week we team up with Robert Bentley, Mechanical Technician for the University of Louisiana’s Energy Institute, whose work with the Cleco Alternative Energy Center and Louisiana Solar Energy Laboratory can shed some much needed light on this issue.
Translating the OCTG market for our piling customers
Are you a piling manufacturer or distributor and are thinking about looking toward OCTG in your piling wheelhouse but don’t know how to talk shop in it yet? Well tune in and let the brothers help you with all the ins and outs of how to make OCTG work for your piling applications!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for subjects mentioned in the show:
Cleaning and Drifting Tubing
Bucking and Turning Collars
Hydrostatic Testing of Tubing
EMI Inspection of Tubing
The Thickness of a sheet of paper
OCTG update for January 2023 Some prognosticating about OCTG for 2023 one month in…
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Automation: We hear alot about it, but how far along is it? Can it translate into the Oilfield or Pipe Reconditioning? Tune in for an off the cuff discussion.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for subjects mentioned in the show:
Cleaning and Drifting Tubing
Bucking and Turning Collars
Hydrostatic Testing of Tubing
EMI Inspection of Tubing
The Thickness of a sheet of paper
Starting it off with OCTG Market Update for the New Year!
Between the battle of Input Costs and Steel Demand, what does the future of OCTG look like in the beginning of 2023? Give us a listen and let us know your thoughts!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
What is 2023 going to look like for OCTG:
Time to break out the crystal ball and prognosticate the as best as full time pipe dealers and part time broadcasters. Dropping our Hot Takes for what the Oil Country Tubular Good market may shape out like in 2023!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Ending a Crazy Year for OCTG
As we close out 2022, lets see what the OCTG Markets have in store before the ball finally drops on Dec 31st.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
So we skipped October, who cares?
What’s in store for November and the rest of year? Tune into our Monthly (or every two months?) OCTG Update!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Trying to keep their structural pipe streak going, the brothers are dropping their outlook for September. Up? Down? Tune in to find out! Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
Getting a late start, but who isn’t busy right now in the OCTG sphere? Here are our short and sweet predictions for the rest of September 2022.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
The Brothers giving it another go for their new segment on structural tubing. Tune in this month to see where we think the market is heading. Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
Starting it off with OCTG Market Update for August 2022!
Tune in to see what we're thinking about OCTG for August.
Edit: I now realize that the climate bill (now the Inflation Reduction Act) hasn’t passed but just a new proposal.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
As pipe traders, often we wonder where the future of buying and selling will go. Is the next Pipe Amazon just around the corner, or is it far more complicated than that? Tune in with the bros this week and watch us blabber like we think we know something.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Well we're halfway through this crazy year in structural tubing. What does the forecast look like for the rest of the month, and what about the rest of the year?
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
A few days behind, but better late than never right?
Our Outlook for OCTG as we move through July
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Perhaps one of the most overlooked issues relating to pipe is getting it from point A to B. Hauling pipe on a flatbed is a big business, and as a company who has loaded thousands of trucks, we’d like to get some of that wisdom out there in a podcast format. So let us know what you think internet, and if we’ve missed a few things give us a shout in the comments. Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
Structural is getting to the point where it just doesn’t even exist anymore, how did we get here and what market forces are keeping this in play.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
So now that we’re nearing the Middle of April how have things changed so far?
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
As inventory dries up, it’s up to the oilfield to do what it does best: innovate when the chips are down. We’ve put together a quick list of all the options operators can do with OCTG to save some much needed money and get by when options get slim. Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
First try at a Structural Market Update! Giving this new format on either a monthly or bimonthly update on pipe in the structural world. It’s getting hard to find any pipe nowadays, how did we get to this point and where is it going from here?
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Hot Roll Coil Futures
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
Rushing into April 2022 before anyone is truly ready
Overwhelmed and confused about OCTG lately? So are we. Welcome to our support group ;). Here’s is the OCTG update for April 2022
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
Contact Us!
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
www.pipebrothers.net
www.coastalpipeofla.com
Every now and then you need a less than serious episode with more tangents than the previous. Please don’t hate us.
Links discussed in the show:
Alex Epstien’s Energy Talking Points
Ways to get in touch:
jonathan@coastalpipeofla.com
jake@coastalpipeofla.com
With everything happening lately in the world, Jon and Jake decide to talk about how this is going to affect OCTG tubing and casing: Warning: conversational tangents abound.
First post since the craziness, and it’s only getting crazier. Where is steel tubing headed for the rest of March 2022 Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
EIA Report on Demand
And finally, the very popular Rig Count
The Pipe Brothers talk about their recent excursion to Austin for the NASPD conference in February. https://www.naspd.com/
OCTG Casing Prices going crazy and fundamentals don't seem to make sense any more? Jake explains the big and small picture of what's going on behind the scenes.
Are you a small operator with piles of tubing cluttering up your location? Is your location flooded with mixes of 2 ⅜” and 2 ⅞” pulled from wells past and just rusting away? Well listen up to today’s episode as we coach you through the best way to turn that pile of steel into some cash flow for your operations!
Links for subjects mentioned in the show:
Mitutoyo 505-738 D6"TXWW Dial Caliper, ID, OD Carbide, 0.1"/Rev, 0"-6".001"
Phase-II UTG-2800 Ultrasonic Thickness Gauge
Wire Brushes
Ludlum Survey Meters
Pipe is getting scarce out there, but no need to worry! Let the brothers guide you through a quick crash course on what to look for in used pipe for 2022! Links for subjects mentioned in the show:
Cleaning and Drifting Tubing
Bucking and Turning Collars
Hydrostatic Testing of Tubing
EMI Inspection of Tubing
The Thickness of a sheet of paper
Starting it off with OCTG Market Update for January 2022!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
EIA Report on Demand
OPEC can't make spare capacity
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
And finally, the very popular Rig Count
Are you an Operator frustrated by lack of options in today’s crazy post-covid market? Appalled by the ever increasing price of steel? Well let the brothers shed some light on some potential money saving options you may not have considered before! Tune into this week's episode and leave us some feedback on what you think!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links on topics used in the show:
MYT Elevators
Reconditioning process for OCTG Tubing
Teaming up again with Matt Beckmann with Ascent Consulting, we're diving deep at what it's looking like for OCTG in 2022. Also Jon goes on a tangent again about Microgrids
Links referenced in the show:
https://www.federalregister.gov/documents/2021/11/01/2021-23714/oil-country-tubular-goods-from-the-republic-of-korea-and-the-russian-federation-initiation-of
https://www.federalregister.gov/documents/2021/11/01/2021-23715/oil-country-tubular-goods-from-argentina-mexico-and-the-russian-federation-initiation-of
https://www.trade.gov/faq/initiation-antidumping-duty-and-countervailing-duty-investigations-oil-country-tubular-goods
https://www.dlapiper.com/en/korea/insights/publications/2021/10/new-antidumping-and-countervailing-duty-petition-argentina/
https://oilprice.com/Latest-Energy-News/World-News/Heat-Or-Eat-UK-Households-Brace-For-A-Difficult-Winter.html
https://www.bloomberg.com/news/articles/2021-12-22/european-power-surges-to-record-as-france-faces-winter-crunch?mc_cid=81d148a278&mc_eid=e192528d86
https://www.wsj.com/articles/europes-industrial-firms-flash-warning-on-energy-costs-11640345803
https://www.wsj.com/articles/confronting-inflation-biden-administration-turns-to-oil-industry-it-once-shunned-11640178001
https://blog.bakerinstitute.org/tag/rachel-a-meidl/
https://blog.bakerinstitute.org/2021/08/09/unlocking-the-sustainability-potential-of-circular-processes-by-applying-systems-thinking/
https://www.wsj.com/articles/saule-omarova-withdraws-comptroller-of-the-currency-biden-elizabeth-warren-11638919303?mod=Searchresults_pos4&page=1
https://www.wsj.com/articles/saule-omarova-bidens-nominee-to-oversee-national-banks-withdraws-11638910902?mod=Searchresults_pos5&page=1
https://www.eia.gov/petroleum/drilling/
Looking forward in 2022 for what the future may hold in 2022 for OCTG. Plus Jon's and Jake's tangents on Microgrids
Links Mentioned in the Show:
Thomas Malthus
Limit of Solar Power - Shockley–Queisser limit
Limit of Wind Power - Betz's Law
Closing out 2021 with our closing ramblings for the end of the year.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
And finally, the very popular Rig Count
First Podcast back in a few months! Checking in on the OCTG market and blabbing a lil bit about COP26
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
DUC Numbers
And finally, the very popular Rig Count
Like Lumber, Structural pipe has gone through a crazy inflation cycle. What casued this? How long will it last? when will it end? Join us as we explore the current structural market and where we think it may be going.
Additional Websites used for research:
https://welldonefoundation.com/
https://www.cbsnews.com/news/plugging-abandoned-oil-gas-wells-jobs-environment/
https://www.youtube.com/watch?v=iAf2k9b0drY
https://qz.com/1994440/texas-has-a-cautionary-tale-for-bidens-infrastructure-plan/
https://www.resources.org/archives/plugging-orphaned-oil-and-gas-wells-what-we-know-and-need-to-know/
OCTG Market Update for July 2021: Spoiler Alert - Still High!
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
And finally, the very popular Rig Count
As of recently, every headline would have us believe that the green energy revolution is just around the corner. We've built up a massive movement, culturally and financially, to move away from fossil fuels and leapfrog into the future with renewable energy. The only problem is, despite all our wishful thinking, the world still very much runs on petroleum. With the recent withdrawl of the oil majors, can the Independent Oil Producers come in and finally get their chance to seize the throne?
OCTG Market Update for June 2021: Steel prices to the moon still.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
And finally, the very popular Rig Count
OCTG Market Update for 2021: prices keep going up and there seems to be no end in sight. What causes this and how long can it last?
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
And finally, the very popular Rig Count
The Bros team up with Matt Beckmann of Ascent Consultants and try their hand at prognosticating what the next 4 years may look like under the Biden Administration.
The Bros team up with Matt Beckmann of Ascent Consultants and try their hand at prognosticating what the next 4 years may look like under the Biden Administration.
OCTG Update for Mid March 2021... that's it. Were you expecting more teaser info?
Just kidding. Things are going crazy right now. Tune in for all the specifics.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
And finally, the very popular Rig Count
While Geothermal stands as an emerging "green" energy, it still has many technological shortfalls to overcome, one of which is having the right Casing to handle such deep and hot temperatures. For this technology to be abundant and viable, you would need pipe than can withstand temperatures of 300 degrees Celsius (572 Fahrenheit!)
We've been finding conflicting information on how OCTG could tackle this problem, so we styled this Podcast in the form of an Open Letter. If any industry professionals out there would like to offer us their two cents on this we'd welcome the opportunity to have a robust discussion about it!
Links used in the Podcast:
Vox's haughty but thorough article
Places in the US suitable for Geothermal
Eavor's Site, they do a really cool closed loop AGS system.
Eavor's James Joyce Location Video
Well it's been a while but we're back for 2021! OCTG Update for February.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
And finally, the very popular Rig Count
Seriously though, what market fundamentals are driving up steel prices lately? We've seen it jump beyond what was forecasted for this year, so what gives? Listen in to us try and prognosticate on what we think might be causing this upswing in pricing.
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
And finally, the very popular Rig Count
In today’s episode, Jon and Jake discuss what goes into placing an order for OCTG pipe. Whether you’ve started a new career in Oil and Gas, assumed a new role within your company, or recently became an active investor in our great industry, this episode will teach you the nuances of ordering pipe, and mitigate costly risks that are easily avoidable. What kind of pipe do I buy? How much footage do I order? How can I be sure I am getting quality pipe? Check out these 21 minutes and fast-track your learning curve in OCTG and the oil and gas industry.
If you've been paying attention to steel pipe during this pandemic, you'll realize that structural pipe has been the hottest darling of the "round with two holes in it" market lately. So hot that it's actually been going up in price, and getting scarce. What's been causing this? Join us for the next 25 minutes as the pipe brothers try to shed some light on this phenomenon
Links for subjects mentioned in the show:
Peak Oil Demand
Joe Biden Carbon Tax
Transportation and Fuel
Gulf Coast Sequestration
Renewable Energy Initiative for Gulf of Mexico
With the election around the corner, we decided to have a discussion with Matt Beckmann w/ Ascent Consulting about what could possibly be in store for oil markets depending on which way things go. We also touch on issues regarding the moral case for fossil fuels and how that may shape out with the ever changing future.
Links for subjects mentioned in the show:
Ascent Consulting, LLC
US Energy Information Agency
OPEC Monthly Reports
Worldoil.com
Pipeline and Hazardous Material Safety Administration
Colorado Regulations Regarding Setbacks
Surplus OCTG Inventory seems to be everywhere (plus if you've been listening to us we have the data to prove it). While there are great opportunities to take advantage of incredible cost-savings, there are still risks that come with aged inventory. Tune in to this episode where we "keep you between the ditches" when it comes to properly navigating the roads of Aged OCTG inventory.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
How is the OCTG supply shaping up for October so far? Where are things going for the rest of the month? Also dropping a plug for an upcoming episode.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
And finally, the very popular Rig Count
Normally we try and update our thoughts month to month on where the market is going. This time we're trying our hand at Prognosticating from the prospective of pipe dealers 3 to 6 months down the road. Will we be right? Will we be proven wrong? Does i come before e ( Sorry Derek I think I spelled your name wrong in the shout out) ?. Tell us your thoughts on this one, where do you see the market going?
Diving into OCTG Corrosion Headfirst and not looking back. Also it turns out that Jake was right; compromisation is most definitely a word, maybe even the bestest.
For inquiries into job interview, contact Jake Yentzen
links to topics in the show:
Decision Tree for deciding what option is best in your situation
Martensite Grain Structure
IPC coating in tubing
OCTG Update for September 2020, short and sweet. Spitballing new segment ideas for the Update.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
And finally, the very popular Rig Count
August is here, and so are we. Pipe Brothers OCTG update for August 2020.
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcast.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
And finally, the very popular Rig Count
After much delay, we finally found the time to get this episode up! This episode we interview Derek Krieg with OilfieldBasics.com.
It's way past due for another OCTG Update. This time around we ask the question, what is July 2020 looking like?
Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcast.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
And finally, the very popular Rig Count
Interview with Matt Beckmann of Ascent Consultants, LLC This week we talk with Matt Beckmann of Ascent Consultants, LLC and go long with 10,000' views on the nature of business and the future of oil markets with a little bit of geopolitical guesswork for good measure
Links for Data Sources used in show:
EIA Short Term Energy Outlook
OPEC Monthy Oil Market Report
The Moral Case for Fossil Fuels
WSJ - Return of Car Traffice Fuels Surge in Oil
WSJ - Who needs Oil when even OPEC Telecommutes
WSJ - Oil Becomes a Risky Game for Saudis
Ascent Consultants - QEMA (Click on Edition 2 for data on subjets in Podcast)
Deloitte - Moving the US Shale Revolution Forward
US Department of Transportation PHMSA
First Remote Episode! Jon holds the fort down while jake hits the road, and a quick OCTG update for end of may 2020 is born! What June looking like? Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcast.
Links for Data Sources used in show:
Ferrous Scrap Futures
Iron Ore Futures
Crude Oil Futures
Hot Roll Coil Futures
Steel Imports
And finally, the very popular Rig Count
Covering everything surface casing and beyond with Matthew Anderson and Brad Burtcher of Premiere Inc. Definitely a show you don't want to miss.
www.premiereinc.com
Check out the Torque Rings!
OCTG update for May 2020 with announcements for upcoming shows and occasional spiral down coronavirus conspiracies.
A brief Friday blurb about oil prices, OCTG Supply / demand, dad jokes, and of course Coronavirus. Listen to us try and solve all the worlds problems in less than 30 mins.
Ep 29 - OCTG update for end of November
Coming back after a short Hiatus the brothers quickly spin their take on OCTG markets looking at the end of November and cleverly slip in a dad joke or two.
Links to subjects in podcast.
Contango Explained
Backwardation explained
Hot rolled Coil futures
There's a lot of talk about using technology - especially automation - to improve your workflow and bottom line, but where do you start? We've brought on Bobby Hunt with R&R Manufacturing to help clear up some of those questions for you.
Webpage for R&R Manufacturing
https://www.rr-mfg.com/
Youtube Page for R&R Manufacturing with all the good videos
https://www.youtube.com/channel/UCTk4ETmHAAUxALryuHQe42Q/videos
OCTG update for the week of October 1st 2019
Links on subjects mentioned in the show:
CME-HRC info jake was talking about
SOPI Poker Tournament
saudi oil disruption comparisons
The Bros talk about all things casing this time. What can you do with your used casing? Diving into how Hydrotesting, EMI, SEA inspection, Cold cutting / friction cutting all affect cost on the reconditioning side.
Click here for info about the poker tournament Oct 17-19th! - Sopipoker.com
Reconditioning Tubing
The Brothers look into September 2019
Also I remembered a few of the links this time!
Video on Contango
Video on Backwardation
Southern Oilman's Poker Invitational
It's been 5 years since the downturn. Were are things headed? Are we in a "New Era" of the oilfield? Jon and Jake discuss...
OPERATORS! This one is for you. Jon and Jake discuss how OCTG moves from operators’ inventories back to the market.
Jake and Jon discuss recent upward price forces on the OCTG markets. They also dive into future oilfield cost structures. Where will price relief come from in upstream oilfield operations, and where does technology play a role?
After a long (... ok 2 week) absence we're back! The brothers are looking into the OCTG Crystal ball for the last two weeks in July and trying to make sense of what they see.
Southern Oilman Poker Invitational Tournament!
https://www.sopipoker.com/
Also if you are a professional in the oilfield and would like to discuss your profession email us @ jonathan@coastalpipeofla.com
Jon and Jake shoot this episode from the hip. “How are purchasing habits changing for industrial assets?” Will we all be selling our pipe on Amazon one day, or by then will the “Borgs” of Star Trek fame already have taken over our society?
OCTG update! The brothers take care of some housekeeping with a big shout out to Barry Vinson! Thanks for getting to us on the Charpy test we talked about in the previous episode. We discuss oil’s jump in recent days and how future issues on the tariff will impact where OCTG pricing goes. New Challenge: Can you change Jake's mind on Tariffs? Once again, we apologize about the lack of dad jokes.
Jon and Jake discuss one of the largest pipe markets – structural. How is structural pipe sorted and sold? Is there an index to follow to better understand structural pricing? Learn about the world of structural pipe in this episode.
The Pipe Brothers own and operate the industry’s largest and most state-of-the-art tubing reconditioning facility in the nation. In this episode, Jon and Jake shed some much-needed light on the topic of reconditioned yellow band tubing.
Videos on Pipe Reconditioning:
Video of only EMI inspection
Video of Full Reconditioning Process
OCTG Update for June 18th, 2019. Where are prices headed and how are tariffs affecting price?
The pipe brothers don’t mince words. In most OCTG supply chains, steel manufacturers perform the only destructive testing, sometimes with a frequency of 1/200 pieces or less. Get your pocket protectors out, the Pipe Brothers go full-on-pipe-nerd in this episode.
Links on subjects we talked about:
Charpy Test:
https://www.nist.gov/video/old-vs-new-instrumenting-charpy-impact-test
The Brothers go into detail about the importance of having a qualified thread rep on location to look after everyone's best interest. Share if you found this podcast informative or educational and leave us your feedback! We'd love to hear it!
Pics of Stabbing guide and other items will be posted soon!
On this weekly episode we discuss the OCTG situation for June 2019 and dive deep into what the hell is up with pricing and what factors are affecting the market. Hit us up @ www.pipebrothers.net and as always subscribe and give us a review!
Its hard to call Ryan Hunt’s logistics solution a “disruptive technology,” because there’s no one out there doing what he’s doing. In one sentence, RCO allows all stakeholders in the logistics supply chain (operators, pipe dealers, multiple freight companies, etc) to view their trucks’ locations through the same app, in real time. Ryan’s logistics solution is unique because he is a 3rd party, and the Pipe Brothers believe this solution had to come from a 3rd party. Sit back and relax, because this one is a long one, but well worth it!
The Bros discuss the pipe forecast for the end of May going into June. Big announcement for an upcoming show, gonna start having guest coming on! Leave us a comment with your favorite oilfield sayings! We apologize for the lack of dad jokes on this one, is this a serious show now?
Jon and Jake take a look at the two major manufacturing processes for pipe: ERW and Seamless. The discussion takes on a market perspective, rather than a manufacturer’s perspective. The term “Pipe Bombs of Knowledge” makes another appearance on the show! I smell a hashtag. #pipebombsofknowledge
Jon and Jake discuss current events around the OCTG supply and demand picture. Several “Dad Jokes” are tested, with varying degrees of success.
Jon and Jake take the scenic route through the OCTG demand/supply story before getting to OCTG traceability. How can Dominoes track 2 million pizzas from the oven to your door, but our industry can’t track your OCTG QC as it goes downhole?
Jon and Jake explore Korea’s now tangible Q1 impact on the OCTG tubing market, discuss recent moves in the Austin Chalk in Louisiana, and detonate several other “pipe bombs” of knowledge.
How is the market reacting to the steel tariff today VS when it was first implemented? Jon and Jake also dive into today’s freight market, how its inefficiencies should drive innovation to reduce costs, and how these innovations can crossover into other oilfield industries.
The Pipe Kin-folk look at the price of oil and its most reliable influencer, President Donald J. Trump. Jon and Jake also dig into OCTG supply and demand and explain why it’s a Buyer’s Market. Finally, they discuss how to reduce your OCTG costs for horizontal shale programs.
The Bro’s frame the OCTG supply picture, how we got here, and they give context to demand. Jon and Jake also dive into more ways to reduce costs with reconditioned OCTG.
Jon and Jake introduce themselves and the show. Reconditioned OCTG is also introduced and examined in terms of it’s origins, trade nomenclature, and examples of where it can reduce costs.