Global Oil Country Tabular Goods OCTG

Topics: Petroleum, Dow Jones Industrial Average, Wellhead Pages: 3 (403 words) Published: December 1, 2014
Global Oil Country Tabular Goods (OCTG) Market 2015-2019

OCTG are sets of equipment used in the drilling and extraction of onshore and offshore oil and gas. OCTG consist of drilling pipes, casing pipes, tubing pipes, and other line pipes used in the production and transportation of oil from wells to refineries. The casing pipe is placed at the wellhead to extract oil during the drilling process. The tubing pipe is inserted in the well after the completion of the drilling process and is used to transport oil and gas from the wellbore to the surface. The diameter of the wellbore pipe decreases as it reaches the oil bed. Covered in this Report

This report covers the present scenario and the growth prospects of the Global OCTG market for the period 2015-2019. The report is a detailed study based on geography (the APAC and EMEA regions and the Americas) and product types (seamless pipes and welded pipes). The report also presents the vendor landscape and a corresponding detailed analysis of the key vendors in the Global OCTG market. In addition, the report discusses the major drivers that influence the growth of the Global OCTG market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.

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Key Regions

EMEA
APAC
Americas

Key Vendors

Nippon Steel and Sumitomo Metal Corp.
Tenaris S.A
TMK Group
United States Steel Corp.
Vallourec S.A

Other Prominent Vendors

ACE O.C.T.G.
Benteler International
Cressman Tubular Products
Kelly Pipe
Lone Star Technologies
Tubular Services

Key Market Driver

Increase in Oil and Gas Exploration
For a full, detailed list, view our report.

Key Market Challenge

Lack of Skilled Workforce
For a full, detailed list, view our report.

Key Market Trend

Increased Investment in Unconventional Oil and Gas Resources For a full, detailed list, view our report.

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