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Argus Eagle Ford Basin Index: Accurate OCTG Price Trends | Argus Media
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class="qa-banner-title">Argus Eagle Ford Basin Index</h1></div></div></div></div></div></div></div><div class="component small grey "><div class="component-content"><div class="PageSubnavigation_container__yH3q7 qa-subnavigation-bar container"><div class="PageSubnavigation_outer__ocRn_"><div class="PageSubnavigation_bar__Cf50a"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#details" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Price assessment details</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our metals products</a><a href="#assessments" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><button type="button" class="PageSubnavigation_showMore__2Z47G cta "></button></div></div><div class="PageSubnavigation_drawer__lxQUi grey " style="left:0px"><div class="container"><div class="PageSubnavigation_drawerInner__Q_bJs"><div class="PageSubnavigation_drawerItems__AwukY"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#details" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Price assessment details</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our metals products</a><a href="#assessments" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a></div></div></div></div></div></div></div><div class="component component-padding PageIntroduction_pageIntroduction__BoFDD white" id="overview"><div class="component-content"><div class="container"><div class="PageIntroduction_row__DH0rm row"><div class="col-12 col-lg-8"><div class="qa-pageintroduction-section"><h2 class="qa-pageintroduction-title">Overview</h2><div class="PageIntroduction_description__hOYK7"><div class="qa-pageintroduction-textfield"><p>Argus’ reporting on OCTG prices began with the acquisition of Pipe Logix, the leading independent provider of OCTG and Line Pipe market information, in September 2022. Since 1980, Pipe Logix has produced the Pipe Logix Index, an equally weighted index of tubing, production casing and surface casing which are the three categories of pipe used in every well. </p> <p>The Pipe Logix Index has been adopted by some of the largest suppliers and consumers of OCTG to settle sales contracts. However, following conversations with industry experts- pipe mills, OCTG distributors and oil & gas companies, Argus determined a need existed for a basin specific OCTG index. The various basins across the US involve very different tubular programs in regards to the tonnage of tubing, production casing and surface casing used. For example, production tubing is often 10% or less of the total OCTG tonnage in wells involving longer lateral completions, like in the Eagle Ford basin. </p> <p>Argus concluded the Permian, Eagle Ford and Bakken basins, three of the most active regions in the US, as the best starting point for the newly launched indexes. For suppliers and buyers active only in certain basins, the Permian, Eagle Ford and Bakken Indexes provide a pricing trend specific to their area of interest. Years of survey work analyzing basin specific well casing designs of tens of thousands of wells has allowed Argus the opportunity to determine the weightings in which the indices are based. </p> <p>The Eagle Ford Index is published on a monthly basis on the last Wednesday of the month and provides accurate and timely distributor spot price trends of the casing and tubing program used in a typical Eagle Ford basin well. </p> <p>The Eagle Ford Index can be accessed through the Argus Direct online platform and is analysed with pricing trends of other Pipe Logix indexes as a part of the OCTG Service.</p></div></div></div></div></div></div></div></div><div class="component component-padding grey" id="details"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-9"><h2 class="qa-textpanel-title">Price assessment details</h2><div class="qa-textpanel-description TextPanel_description__v7NGU"><p><strong>What are the advantages of the Eagle Ford Index?</strong></p> <p>The Eagle Ford Index is a key benchmark for operators active in the Eagle Ford basin. Argus Pipe Logix has years of experience researching and analyzing thousands of wells in the area, which puts us in a unique position to offer insight into this particular basin. Using this proprietary research, we are able to determine the average casing program for the basin and the total weight for an average well. As a result, the industry is provided with an index that is an average of key specific products used by operators, enabling buyers and sellers operating in the region with the ability to monitor basin specific pricing trends.</p> <p><strong>How is this assessment used?</strong></p> <p>The Eagle Ford Index is used in contracts, and as a tool to monitor pricing trends for market analysis and production planning, among other functions. Users include mills, distributors and E&P companies active in the Eagle Ford basin.</p></div></div></div></div></div></div><div class="component component-padding navy " id="products"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="section-heading">Explore our metals products</h2></div></div><div class="ProductListing_products__Uxsig row"><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/ja/solutions/products/argus-octg"><h3 class="sub-heading h4">Argus OCTG</h3><div class="ProductListing_itemDescription__E7NK3">Home of the Pipe Logix Index, the industry standard for OCTG pricing, news, and analysis.</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div><div class="col-12 col-lg-4"><a class="ProductListing_itemLink__RVSjo white" href="/ja/solutions/products/argus-line-pipe"><h3 class="sub-heading h4">Argus Line Pipe</h3><div class="ProductListing_itemDescription__E7NK3">Access leading price data, forecasts and analytics on US domestic and imported line pipe.</div><span class="ProductListing_itemCta__NeAHB cta"></span></a></div></div></div></div></div><div class="component component-padding grey" id="assessments"><div class="component-content"><div class="container"><div class="row"><div class="CardCarousel_intro__0GvNz col-12 col-lg-8 mx-auto"><h2 class="qa-keyprices-title">Key price assessments</h2></div></div></div><div class="CardCarousel_carousel__4za2y"><div class="container"><div class="row"><div class="col-lg-10 offset-lg-1 d-none d-lg-block"><div class="Carousel_carousel__cxmDM "><div class="Carousel_viewport__hzjLs"><div class="Carousel_slides__11lIX"><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-erw-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG ERW Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with ERW pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG all items Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">An average of the ERW and seamless tubing, production casing and surface casing.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-sml-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG SML Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with SML pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Permian Index is a key benchmark for operators active in the Permian basin.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-bakken-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Bakken Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Bakken Index is a key benchmark for operators active in the Bakken basin</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div class="qa-slide-items current"><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-erw-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG ERW Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with ERW pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div class="qa-slide-items "><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG all items Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">An average of the ERW and seamless tubing, production casing and surface casing.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div class="qa-slide-items "><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-sml-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG SML Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with SML pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div class="qa-slide-items "><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Permian Index is a key benchmark for operators active in the Permian basin.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div class="qa-slide-items "><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-bakken-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Bakken Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Bakken Index is a key benchmark for operators active in the Bakken basin</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-erw-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG ERW Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with ERW pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG all items Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">An average of the ERW and seamless tubing, production casing and surface casing.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-sml-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG SML Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with SML pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Permian Index is a key benchmark for operators active in the Permian basin.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-bakken-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Bakken Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Bakken Index is a key benchmark for operators active in the Bakken basin</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div></div></div><button class="Carousel_prev__5_kOz qa-pagination-prev" aria-controls="assessments" aria-label=""><svg xmlns="http://www.w3.org/2000/svg" width="28.647" height="51.637" 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CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with ERW pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG all items Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">An average of the ERW and seamless tubing, production casing and surface casing.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-sml-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG SML Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with SML pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Permian Index is a key benchmark for operators active in the Permian basin.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-bakken-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Bakken Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Bakken Index is a key benchmark for operators active in the Bakken basin</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div class="qa-slide-items current"><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-erw-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG ERW Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with ERW pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG all items Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">An average of the ERW and seamless tubing, production casing and surface casing.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div class="qa-slide-items "><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-sml-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG SML Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with SML pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Permian Index is a key benchmark for operators active in the Permian basin.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div class="qa-slide-items "><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-bakken-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Bakken Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Bakken Index is a key benchmark for operators active in the Bakken basin</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-erw-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG ERW Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with ERW pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG all items Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">An average of the ERW and seamless tubing, production casing and surface casing.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div><div><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-octg-sml-index"><div><h3 class="qa-keyprices-item-title h4">Argus OCTG SML Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">Argus assesses OCTG by manufacturing process, with SML pipe being one of the main manufacturing processes.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/ja/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Index</h3><p class="qa-keyprices-item-introduction 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