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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.
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.
After a series of corporate acquisitions, this energy industry leader implemented a company-wide EMIS that simplified management of hundreds of environmental permits for 97 operational sites and 12,000 pieces of equipment – earning a positive return on investment (ROI) within only two years.Learn more about our client’s successes
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
The leadership team for this energy giant needs to stay abreast of the latest news/research, from both upstream to downstream, on a global and regional basis so they are using a new platform to find, filter and share an unprecedented wealth of information and insights -- in minutes instead of hours or days.Learn more about our client’s successes
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