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"We looked at a variety of data sources and concluded that there's nothing comparable to what IHS offers. It's considered the standard in the industry. In our opinion, it's the best product out there with respect to production and well history data."
Fred Byther, VP Exploration
One of the world’s largest oilfield service providers enhanced the forecasting accuracy of its oil rig count model from 90 to 97.6 percent, predicted the impact of price changes on customer spending and demand for product lines (by leveraging 3,500 factors) and created a model that predicted the deflation of WTI crude oil prices in late 2014.
This regional energy exploration and production company reduced the time required to generate monthly reports from 1 day to 20 minutes and reduced the workload from 2 full-time positions to one. Experienced staff now spends time making decisions instead of making reports and pumpers' accuracy has improved, too.
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