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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 Danish energy firm makes expert use of an IHS tool to meet tight deadlines for project bids -- eliminating the need for hundreds of hours of manual cost-estimation and saving 75% of the time required to ramp up an outside contractor -- while giving decision makers confidence in the estimates’ proven accuracy.Learn more about our client’s successes
This Canadian oil and gas company is now leveraging a single integrated enterprise system to manage emissions data across more than 1,000 facilities for environmental compliance, greenhouse gas and energy efficiency management.Learn more about our client’s successes
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
One of the world’s largest oilfield services providers reduced uncertainty about parts obsolescence and replacement availability by providing its employees with real-time access to data for 25,000+ parts and eliminating delays to part change notices. The company also ensured compliance with latest REACH, RoHS and Export regulations.
Images show China may be building its first indigenous aircraft carrier http://t.co/RZ0nOmtxFT
Russia says main goal of air strikes in Syria is to combat Islamic State and other terrorist groups http://t.co/NOYI74wDyU
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