Expectations Powered by Data
PipeStats™ reports provide valuable market intelligence covering demand, known alternatives, market trends, and pricing.
PipeStats leverages this information to set return expectations, enabling sellers to decide the best course for handling their cra OCTG investment.
PipeStats™ Summary
PipeStats™ uses data to estimate your cost recovery options. We deliver multiple options based on a function of time.
Below we detail a portion of the data we consider when giving operators the highest return on their cra OCTG investment.
Carrying Costs
Alternative Options
Commercial Cycles
Location
Competition
External Demand Report
External Demand Analysis
Internal Demand
PipeRecover™ Target
Alternative Seller Services
Traditional options for recovering value are through liquidation services with a wide breadth of product lines. These are distressed sales through auctions.
Auctions are time-boxed and force a prospective buyer to hedge future demand, significantly increasing risk and lowering asset valuation.
This section outlines our purchase experience through distressed sales.
Our recent auction purchase history above, all of which the seller is an operator.
Item
Sales
Total FT
Avg. Return
7" 35# 25CRW-125 Vam Top HT R2
17
17,634 FT
$36.40
3.5" 9.20# G3-125 Vam Top R3
6
32,789 FT
$27.69
*Sample information only
Location Analaysis
The material location, the ease of shipment, and the availability of local services impacts OCTG recovery value. For Example:
7" 35# 25CRW-125 Vam Top HT R2
Houston is convenient for international logistics, accessory manufacturing, and is close to a majority of the consumption of this item.
Market Alternatives
PipeStats monitors known alternative inventory in the market for every item. Below is a summary of the state of supply.
Item
Quantity
Location
7" 35# 25CRW-125 Vam Top HT R2
28,678 FT
Houston
There is approximately 11,882' of known alternative inventory in the market.
3.5" 9.20# G3-125 Vam Top R3
17,316 FT
Dubai
There is over 20,000' of known alternative inventory in the market.
*Sample information only
7" 35# 25CRW-125 Vam Top HT R2
2,532.70 FT
8,350 FT
Avg. Qty / Cycle
33
MONTHS
Commercial Cycles
We define commercial cycles as the average time it takes to execute a sale from the first engagement with a prospective customer.
Typically, the higher the alloy or the more unique the specification, the more time it takes to engineer items into end-user applications. 13 Chrome by nature is more commoditized and tends to turn faster if it is in standardized sizes with acceptable threads. In contrast, duplex, super duplex, and nickel can take longer.
External Demand
7" 35# 25CRW-125 Vam Top HT R2
25CRW is the most commonly used super duplex for sea water applications. The majority of consumption in 7" 25CRW is in 32# due to its 6" drift for completion equipment.
15
Sales
60
Inquiries
7
Customers
*Sample information only
3.5" 9.20# G3-125 Vam Top R3
This item is commonly used. Quantity is sufficient to meet typical requirements.
201
Sales
391
Inquiries
63
Customers
*Sample information only
NOTE: Internal Demand
We understand that plans often change. If you think there is a likelihood of needing this material for your internal consumption, please let us know, and we can build that into our financial model.
PipeStats™
Expectations Powered by Data
PipeStats leverages global market intelligence data to understand the value of your cra OCTG assets.