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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 major oil and gas company deployed a fully automated system to track compliance with Europe’s complex air, waste and water management permits across multiple facilities. It performed more than 1 million calculations daily and stored 5 million emissions calculations annually, accelerating air and water emissions reporting from 3 months to 3 weeks.Learn More About Our Customers Success
A top engineering firm helps clients reduce the uncertainty of O&G drilling projects while accelerating decisions for a competitive edge. It condensed scenario run time by 50-80%, lowered client project costs through better planning, reduced its own costs by improving consultant efficiency, and strengthened accountability with visibility into cost estimates.
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
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