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“IHS Drilling Performance Benchmarking solution is certainly a key contributor to Anadarko’s operational success. The nature of our land resource plays is so competitive and puts such a premium on efficiency. And we emphasize maintaining internal KPIs and constantly measure ourselves against past performance. But Dodson Data helps us go beyond by benchmarking our cycle times against regional competitors. These results lead to deeper competitor research as well as the opportunity to leverage a best-in-class basin position with investors—because being recognized as a low-cost operator is the key to winning in the North American resource play market.”
Drilling Engineering Manager, Southern & Appalachia Region
“Over the years, IHS has provided Shell with the tools necessary to benchmark our drilling programs against our peers. IHS provides a database where operators have access to:
A robust dataset containing technical and high-level cost data
An interface where data can be exported for further analysis
Along with the database, IHS provides a forum where operators can share best practices in drilling and completions operations
The forum approach allows operators to create a database that is fit for purpose for our business needs."
Team Lead Competitive Analysis Shell
Gulf of Mexico: Over 2,200 Operator participating records and over 40,000 public records back to 1947
US Onshore: Over 5,000 Operator participant records and over26,000 public records
|Gulf of Mexico||US Onshore|
|Sophisticated query system|
|Rate of Penetration (ROP)|
|Mechanical Risk Index (MRI™)|
|Total Drilling Cost|
|Non-Productive Time (NPT)|
|Performance Drilling Index (PDI) Calculator|
|MRI Frequency Analysis|
|NPT Product Charts|
|Proficiency Index and Risk Index|
|NPT & ROP Proficiency Analysis|
|operator vs. industry|
|operator vs. operator|
|Well vs. well|
|feet per day|
|cost per foot|
|cost per time|
As one of the top oil producers in Oklahoma, this company began using an electronic system to make information available to all of its employees. Production data is no longer entered manually so it is available for analysis the next morning and overall production increased because problems are resolved as much as a week sooner.
One of the world’s largest oilfield service providers enhanced the forecasting accuracy of its oil rig count model from 90 to 97.6 percent, predicted the impact of price changes on customer spending and demand for product lines (by leveraging 3,500 factors) and created a model that predicted the deflation of WTI crude oil prices in late 2014.Learn More About Our Customers Success
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