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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.
At this global energy company, the Market Intelligence team – which supports procurement decisions totaling $13.5 billion annually – cut in half the number of source locations that analysts must access to gather information and reduced by 50% the time required to generate reports/charts for decision makers.Learn more about our client’s successes
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.
This independent oil and gas exploration and production company’s Safety and Environmental Management System (SEMS) ensures compliance with regulations at deepwater drilling sites and modified permit application processes so they are routinely completed in 1 day vs. 3 weeks for many competitors.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).
Philips Electronics is moving towards consumer healthcare as they complete transition away from the lighting industry http://t.co/9aL1MpEWQd
IHS estimates there is a $185 billion global market for gear to automate industrial production http://t.co/dYstgL7juD
Could the crude rally boost the price to $50? http://t.co/DxJHJshwiN
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