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U. S. Steel Tubular Products and Butch Gilliam Enterprises Announce Joint Venture to Serve Permian Basin



  U. S. Steel Tubular Products and Butch Gilliam Enterprises Announce Joint
                        Venture to Serve Permian Basin

PR Newswire

PITTSBURGH, Dec. 3, 2012

PITTSBURGH, Dec. 3, 2012 /PRNewswire/ -- U. S. Steel Tubular Products, Inc., a
subsidiary of United States Steel Corporation (NYSE: X), and Butch Gilliam
Enterprises LLC of Midland, Texas, announced today the signing of a definitive
agreement to form a joint venture to provide tubular services to the energy
industry in the Permian Basin. 

The joint venture, Patriot Premium Threading Services, has operations located
in the heart of the Permian Basin in Midland. 

The new state-of-the-art facility will be a comprehensive service provider
licensed to thread U. S. Steel tubular products as well as to provide
accessories, repair services, technical assistance and rig site services.  The
facility's threading capability is 2-3/8" to 11-3/4" and it will be licensed
to thread all of U. S. Steel Tubular Products' premium connections including
the recently introduced USS-LIBERTY FJM™ premium connection.  USS-LIBERTY FJM™
is a premium flush connection designed for the clearance-critical applications
in the Permian Basin.

"We are very excited to join with Butch Gilliam Enterprises to establish a
production location in the Permian Basin to better serve our customers in this
rapidly growing region," said Douglas R. Matthews, senior vice president –
Tubular Operations for United States Steel.  "Butch Gilliam's extensive
knowledge in this area combined with our capabilities to deliver premium
energy tubulars is a great combination to service the growing needs of the
energy market and our customers in this area." 

"We are proud and honored to partner with such a great American company and we
look forward to combining our strengths to provide world-class service to our
customers," said Butch Gilliam, president of Patriot Premium Threading
Services.  "Joining with U. S. Steel Tubular Products allows us to offer the
solutions necessary to meet the growing requirements of this market."

Day-to-day operations management will be by Butch Gilliam and operations are
ramping-up in December. Equity participation will be 50 percent for each
partner. 

U. S. Steel Tubular Products, Inc., a subsidiary of United States Steel
Corporation, is the largest fully integrated tubular products manufacturer in
North America, with total annual production capability of 2.8 million net
tons.  Energy industry customers utilize U. S. Steel Tubular Products' casing,
tubing, line pipe and couplings to help them locate, retrieve, transport and
refine the oil and natural gas products that fuel the world.

Butch Gilliam Enterprises is a privately owned Texas corporation created by
Butch Gilliam and his partners for the purpose of offering premium threading
services, field services and accessories to the Permian Basin. 

Future performance and financial results of Patriot Premium Threading Services
will be subject to market and other factors that cannot be identified at this
time.

For more information about U. S. Steel and U. S. Steel Tubular Products, visit
www.ussteel.com.

SOURCE United States Steel Corporation

Website: http://www.ussteel.com
Contact: Courtney Boone, +1-412-433-6791 or Sarah Cassella, +1-412-433-6777
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