Shortage of steel and a range of key pieces to the drilling puzzle are causing consternation in the drilling sector

Drill pipe, casing and other tubular goods are in short supply in the US due to the global supply chain constrictions that have followed on from the Covid-19 pandemic and the war in Ukraine.

Shortages and delays in these crucial supply chain industries for the drilling sector have been limiting production growth in the US, despite ample price incentives to pursue growth.

And they are hitting what are known within the industry as oil country tubular goods (OCTG) and associated inputs such as steel.

Upstream is part of NHST Media group. To read more about NHST Media Group, click here

Upstream is part of NHST Media Group AS. From November 1st NHST Media Group is responsible for controlling your data on Upstream.

We use your data to ensure you have a secure and enjoyable user experience when visiting our site. You can read more about how we handle your information in our privacy policy.

NHST Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors. Read more about NHST Media Group here.

Upstream is part of NHST Global Publications AS and we are responsible for the data that you register with us, and the data we collect when you visit our websites. We use cookies in a variety of ways to improve your experience, such as keeping NHST websites reliable and secure, personalising content and ads and to analyse how our sites are being used. For more information and how to manage your privacy settings, please refer to our privacy and cookie policies.