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Day rates published by IHS are presented in good faith based on our best understanding of the market at the time, and may be subject to adjustment. Day rates are charted as an average of the high and low for each month. Utilization is the percentage of contracted rigs out of the total competitive fleet supply. The data is updated on or about the 15th of each month. The data points used to derive the averages are available to subscribers to Petrodata's RigBase or RigPoint market intelligence tools.
Renowned for its commitment to operational excellence and safety, this global energy industry leader established an enterprise-wide system to improve incident analysis and reporting workflows, enhance HES business intelligence and provide KPIs for corporate sustainability reporting (e.g. GRI, API/IPIECA).Learn more about our client’s successes
For 30+ years, this E&P company has thrived by adopting transformative technologies. Recently it began using a new system to increase profits by reducing geosteering operations from hours to minutes with real-time data, improving communication efficiency between engineers and geophysicists, and by integrating seismic information with well data.
This leading NOC needed to quickly identify high-performing upstream assets abroad for purchase as well as benchmark its overall investment portfolio. See how analysts accelerated the identification and valuation of upstream assets by 99.6% -- from 1-3 weeks to 15-30 minutes -- and positioned the NOC to capitalize on investment opportunities worth millions of dollars.Learn More About Our Customers Success
This UAE-based oil company established HEARTS (HSE Electronic Analysis Reporting and Tracking System) to ensure compliance with international standards – including ISO 14001, 9001 and OHSAS 18001 certifications – as well as provide performance metrics to corporate leadership.Learn More
We expect strong fundamentals for consumer spending—including continued job gains, firming real wage growth, and th… https://t.co/Fg1AgwopHz
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