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This regional energy exploration and production company reduced the time required to generate monthly reports from 1 day to 20 minutes and reduced the workload from 2 full-time positions to one. Experienced staff now spends time making decisions instead of making reports and pumpers' accuracy has improved, too.
Since 2004, this independent O&G operator has recorded well data electronically, with daily numbers uploaded in minutes to foremen and engineers. As result, it reduced the time to create daily reports by 33% -- cutting two days off its monthly regulatory reporting cycle -- and increased production by identifying/correcting problems months earlier.
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
To gain an advantage in highly competitive energy markets, this industry leader leverages rapid, accurate analysis of global oil and gas projects -- from exploration to concept selection and field plan development -- that save time and deliver insights by comparing cost scenarios and production profiles.Learn more about our client’s successes
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The Wolfcamp Formation within the Permian basin and each of its shale benchmarks provides an excellent example of how we can use petrophysical data to gain insight into where an asset holds its current value, and how much potential it may have for future further development. The Wolfcamp is a very thick formation throughout t
Over the next two years Canadian oil production growth will be exceeded only by US tight oil. Nearly a half-million barrels per day of new oil sands production will be added in 2017-18. Thereafter, growth will begin to step down into the early 2020s as the oil sands settle in for more modest, slower pace of growth. Three years ago, an abundance of global
This is a collaborative article from Bob MacKnight and Julia Hand. Mexico’s Round 2.1 offers 15 shallow water blocks in the Tampico Misantla, Veracruz, and the Sureste Basins. The blocks up for auction are subject to a Production Sharing Contract (PSC) with state participation (profit share) and an investment factor (based on additional exp
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IHS Energy provides intelligence on the world’s major energy markets covering more than 200 countries and territories. With our world-class expertise, you spend less time researching and more time problem solving.