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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 IHS Petrodata's RigBase or RigPoint market intelligence tools.
This major Canadian energy company leveraged its Environmental Performance Reporting System to reduce verification costs by 50% compared to spreadsheets and support a corporate program that reduced greenhouse gas emissions at the company’s East Coast locations by 60%.Learn more about our client’s successes
This renowned energy company showed leadership in greenhouse gas (GHG) management and earned a spot on CDP’s S&P 500 Climate Disclosure Leadership Index for 5 consecutive years. In the process, it also reduced time for submission of GHG data to US EPA through automated reporting (e.g., from 2 weeks to 1 day for one group).
One of North America’s largest pipeline transportation and energy storage providers, complied with 3,482 environmental permits and safety requirements by tracking more than 66,000 compliance actions and achieving an on-time completion rate of 99.9%.Learn more about our client’s successes
One of Russia’s premier oilfield services providers has enabled partnerships with global energy leaders by meeting their expectations for adherence to QHSE best practice. Within 3 years, the company's enhanced management of safety information enabled it to record data on 3,500+ incidents and reduced overall injury rates by nearly 70%.
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