The 5-year analysis of Oil Country Tubular Ltd's performance infers:
We analysed the performance of Oil Country Tubular Ltd share prices over the last 10 years. Here is what we found out:
Oil Country Tubular Limited (OCTL), incorporated in the year 1985, is one of the leading companies in the world processing a range of oil country tubular goods required for the oil drilling and exploration industry.
OCTL is located near Hyderabad city and has an unique facility in the world. OCTL has earned worldwide recognition for the quality of its products and services. Innovation and technical excellence are the driving spirit behind OCTL and the overriding focus at OCTL is on the
OCTL is located near Hyderabad city and has an unique facility in the world. OCTL has earned worldwide recognition for the quality of its products and services. Innovation and technical excellence are the driving spirit behind OCTL and the overriding focus at OCTL is on the quality of its products and services.
At OCTL, the complete processing activity is concentrated in a single unique integrated plant located at Narketpally and with corporate headquarters at Hyderabad. The facilities include Upsetting, Heat Treatment, Non-Destructive Testing, Metallurgical Laboratory, Gaging and Calibration Laboratory, Tool Joint and Coupling Threading, Casing and Tubing Threading, Friction Welding of Drill Pipe, Hydrostatic Testing and Internal Plastic Coating of Tubulars.
OCTL's wide product range covers Drill Pipe, Heavy Weight Drill Pipe, Drill Collars, Production Tubing, Casing, Tool Joints, Couplings, Pup Joints, Nipples, Subs, and Cross Overs.
OCTL's oil field accessories include Rotary Subs, Lift Plugs and Lift Subs, Cross Overs (Drill Pipe to Drill Collar or Drill Collar to Drill Collar), Stabilizer Sleeves, Welded Blade Stabilizers & Integral Stabilizers and Cast Steel Lifting Bails.
Services include Tool Joint Hardbanding, Make and Break of Tool Joints, Internal Plastic Coating of Drill Pipe and Tubing, Reconditioning of Drill Pipe, Re-threading of Drill Pipe, Tubing and Casing, and Field Inspection of Tubulars.
OCTL can also manufacture and supply in large numbers finished Tool Joints and API Couplings for Tubing and Casing of all grades.
OCTL believes in the principles of continuous improvement which are put into practice at every level in the organization. It is OCTL's continuous endeavor to improve the quality of its products and services to the satisfaction of its customers, by adopting the latest manufacturing practices and technical improvements.
Its integrated facility gives it the 'competitive edge', supported by its personnel who are highly motivated, dedicated and committed to produce quality products consistently.
Product range of the company includes:
OCTLâ€™s wide product range covers Drill Pipe, Heavy Weight Drill Pipe, Drill Collars,Production Tubing, Casing, Tool Joints, Couplings, Pup Joints, Subs, and Cross Overs.
The products are manufactured to the relevant American Petroleum Institute (API) Specifications and carry API monogram: