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Argus OCTG Index: Oil Country Tubular Goods Prices & Market Trends | Argus Media
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offset-lg-1"><div class="HeroBanner_titleAndDescription__0Cj9_"><h1 class="qa-banner-title">Argus OCTG 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 white" id="overview"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-9"><h2 class="qa-textpanel-title">Overview</h2><div class="qa-textpanel-description TextPanel_description__v7NGU"><p>OCTG, or oil country tubular goods, is the term for the steel pipe used in the extraction of gas and oil from a well. There are three main categories of OCTG- tubing, production casing, and surface casing for which Argus Pipe Logix offers pricing assessments. In addition, there are two main processes for manufacturing OCTG- electric resistance welded (ERW) and seamless which Argus further categorizes and assesses. In total, Argus Pipe Logix covers US distributor spot prices for 32 casing and tubing items used in US onshore wells. </p> <p>The All Items OCTG Index is an average of the ERW and seamless tubing, production casing and surface casing assessed by Argus Pipe Logix. It is the most widely used price assessment published by any pricing service for OCTG and is used as a benchmark by the largest participants in the oilfield tubular market for contract settlement. </p> <p>The Argus Pipe Logix all items OCTG index is published on a monthly basis on the last Wednesday of the month and provides accurate and timely distributor spot price trends of OCTG used in US onshore wells. </p> <p>The Argus Pipe Logix all items OCTG index can be accessed through the Argus Direct online platform and is analysed with current and historical pricing trends as a part of the OCTG Service.</p></div></div></div></div></div></div><div class="component component-padding PageIntroduction_pageIntroduction__BoFDD grey" id="details"><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">Price assessment details</h2><div class="PageIntroduction_description__hOYK7"><div class="qa-pageintroduction-textfield"><p><strong>What are the advantages of the Argus Pipe Logix all items OCTG index?</strong></p> <p>The Argus Pipe Logix all items OCTG Index is the most widely used benchmark for OCTG prices worldwide and trusted by some of the largest participants in the industry as a measure of the health of the industry. It is comprised of 32 of the most used casing and tubing items used in US Onshore wells. OCTG sits at the intersection of two complex markets- supply from the steel markets and demand from oil and gas markets- and our indices and analysis will help you navigate the complexities with clarity and confidence. The extensive history Argus Pipe Logix has with both the buyers and sellers in the oilfield tubular market makes us uniquely positioned to report accurate and unbiased prices of OCTG and deliver analysis that is unparalleled in the industry.</p> <p><strong>How is this assessment used?</strong></p> <p>The largest participants in the oilfield market- OCTG mills, OCTG distributors and oil and gas companies involved in the exploration and production of wells, are the primary users of Pipe Logix price assessments. The monthly percent change in the Argus Pipe Logix all items average is applied to long term price contracts using a variety of methods. The Pipe Logix indices are also used for market analysis, production planning, among other functions. In addition, financial companies that make investments in the large OCTG mills use the index to gauge the health and well-being of the oilfield tubular industry.</p></div></div></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="/zh/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="/zh/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 white" 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="/zh/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="/zh/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="/zh/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Basin 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="/zh/methodology/key-commodity-prices/argus-bakken-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Bakken Basin 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="/zh/methodology/key-commodity-prices/argus-eagle-ford-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Eagle Ford Basin Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Eagle Ford Index is a key benchmark for operators active in the Eagle Ford 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="/zh/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="/zh/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="/zh/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Basin 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="/zh/methodology/key-commodity-prices/argus-bakken-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Bakken Basin 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 "><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/zh/methodology/key-commodity-prices/argus-eagle-ford-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Eagle Ford Basin Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Eagle Ford Index is a key benchmark for operators active in the Eagle Ford 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="/zh/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="/zh/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="/zh/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Basin 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="/zh/methodology/key-commodity-prices/argus-bakken-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Bakken Basin 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="/zh/methodology/key-commodity-prices/argus-eagle-ford-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Eagle Ford Basin Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Eagle Ford Index is a key benchmark for operators active in the Eagle Ford 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" 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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="/zh/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="/zh/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Basin 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><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/zh/methodology/key-commodity-prices/argus-bakken-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Bakken Basin 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="/zh/methodology/key-commodity-prices/argus-eagle-ford-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Eagle Ford Basin Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Eagle Ford Index is a key benchmark for operators active in the Eagle Ford 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="/zh/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="/zh/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="/zh/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Basin 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><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/zh/methodology/key-commodity-prices/argus-bakken-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Bakken Basin 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 "><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/zh/methodology/key-commodity-prices/argus-eagle-ford-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Eagle Ford Basin Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Eagle Ford Index is a key benchmark for operators active in the Eagle Ford 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="/zh/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="/zh/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="/zh/methodology/key-commodity-prices/argus-permian-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Permian Basin 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><a title="" target="" class="qa-keyprices-items CardCarousel_card__miF1v" href="/zh/methodology/key-commodity-prices/argus-bakken-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Bakken Basin 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="/zh/methodology/key-commodity-prices/argus-eagle-ford-basin-index"><div><h3 class="qa-keyprices-item-title h4">Argus Eagle Ford Basin Index</h3><p class="qa-keyprices-item-introduction CardCarousel_text__QZ1rN">The Eagle Ford Index is a key benchmark for operators active in the Eagle Ford basin.</p></div><span class="qa-keyprices-item-cta cta">Find out more</span></a></div></div></div><nav class="Carousel_pagination___SjwB" aria-controls="assessments"><button type="button" class="Carousel_pageButton__5PWho current qa-slide-button"><span class="visually-hidden">0</span></button><button type="button" 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