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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 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
At this global energy company, the Market Intelligence team – which supports procurement decisions totaling $13.5 billion annually – cut in half the number of source locations that analysts must access to gather information and reduced by 50% the time required to generate reports/charts for decision makers.Learn more about our client’s successes
This leading NOC needed to quickly identify high-performing upstream assets abroad for purchase as well as benchmark its overall investment portfolio. See how analysts accelerated the identification and valuation of upstream assets by 99.6% -- from 1-3 weeks to 15-30 minutes -- and positioned the NOC to capitalize on investment opportunities worth millions of dollars.Learn More About Our Customers Success
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
#China begins publishing higher frequency data on new and fast-growing cultural services, a trend that will accelerate during 2016-20.
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