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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.
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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
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.
At this global energy company, decision makers gained access to timely, actionable intelligence that helped them bring in $8 million of additional value to their trading book in the first year while meeting other strategic goals and establishing a standardized decision making system for all trading teams.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
Chinese solar producers look to hurdle US and European trade barriers by moving production abroad http://t.co/QDGQpK3PwW
Audi AG is providing $193 million in financial aid to its dealers in China http://t.co/8eHQhOMoL7
Pakistani police kill leader of sectarian militant group Lashkar-e-Jhangvi, his two sons and 11 others http://t.co/nNglLo27SI
The Shanghai Composite Index fell 1.7 percent Tuesday even after China pledged efforts to “stabilize” the market
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