October 6, 2026
Key Dates
- Oct. 6: EIA October Short-Term Energy Outlook
- Every Thursday: EIA natural gas storage report; every Friday: Baker Hughes rig count
- Oct. 8–13: Watch the southern Gulf for possible tropical development
- Oct. 20: Halliburton Q3 results; Oct. 23: SLB; Oct. 27 (after market close): Baker Hughes; Oct. 28: NOV; Oct. 30: Chevron
- Nov. 1: OPEC+ core-member meeting
What It Means for Our Customers
There’s more pipe moving through yards, trucks, and rig floors than last year, and diesel and logistics costs are high. That makes damaged threads, rejected joints, and waiting on replacement parts more expensive. October is a good time to check protector inventory, inspect pipe in storage before winter, and make sure the right connection-specific protectors are on hand for Haynesville, Permian, and Gulf work.
Bottom Line
October starts with high oil prices, cheap U.S. natural gas, and drilling activity well above last year. Expect oil to stay volatile around $90 WTI and $100 Brent. Gas should stay near $3, and activity in the Haynesville, Permian, and Gulf Coast should stay steady. The main things to watch are Middle East supply news, a possible late-season Gulf storm, and third-quarter earnings from the oilfield service companies.