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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.
In only one year, this major Canadian energy company expanded its enterprise-wide Environmental Performance Reporting System (EPRS) from 12 to 136 facilities in order to efficiently assure compliance with British Columbia’s new Greenhouse Gas Reduction Act Reporting Regulation.Learn more about our client’s successes
This global leader in the gas liquification industry launched an enterprise-wide flaring and emissions information system that reduced the time to generate monthly reports from 3 days to 3-4 hours and enabled the company to proactively measure, analyze and report on its performance against other industry leaders.Learn More
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%.
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
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