American Oil and Gas Reporter - September 2016 - 73

Key As
Supply And Demand
Move Toward
Balancing
By Rick W. Preckel and Paul E. Vivian

ST. LOUIS-A prime topic of discussion among manufacturers and distributors

of oil country tubular goods, as well as oil and gas producers themselves, is how
much of today's inventory is active and how much is obsolete or unusable.

OCTG manufacturers and importers need the answer to that all-important

question to help with pricing, and to be prepared when orders pick back up with

respect to sourcing raw materials, crewing, etc. Distributors need to know to help

them determine when to place orders for new pipe to avoid missing out on end-

user orders, and end-users need to know so as to not miss drilling opportunities.
Inventory questions are a typical part of every oil and gas cycle-whether the

market is up or down-as suppliers and users alike attempt to manage their
supply chains and plan for business expectations. As with many other aspects
of the oil and gas industry, knowledge is the key to preparedness.

SEPTEMBER 2016 73



American Oil and Gas Reporter - September 2016

Table of Contents for the Digital Edition of American Oil and Gas Reporter - September 2016

Contents
American Oil and Gas Reporter - September 2016 - Cover1
American Oil and Gas Reporter - September 2016 - Cover2
American Oil and Gas Reporter - September 2016 - Contents
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American Oil and Gas Reporter - September 2016 - Cover3
American Oil and Gas Reporter - September 2016 - Cover4
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