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Choose the best option for your company’s financial goals.
|Who uses Petra?||How?|
|Related IHS application||Description||Integrate with Petra to:|
|AccuMap®||Desktop access to land, well, pressure, production, pipelines, core, reserves and logs data for the Western Canadian Sedimentary Basin and Frontier areas, as well as Montana, North Dakota and Wyoming||Perform in-depth analysis of well-centric data for Canada and US; quickly evaluate prospects|
|Energy Web Services||API, Direct Connect and third-party software options for connecting your IHS Energy data subscription with IHS Energy software solutions||Upload your IHS Energy data subscription into Petra|
|GeoSyn®||Global synthetic generation, cross-plotting, AVO analysis and 2D modeling package designed for geoscientists||Export synthetics and 2D models into Petra to test multiple scenarios and achieve the best results|
|Information Hub™||Central repository of all IHS quality-controlled Canadian energy data||Perform in-depth analysis of Canadian well data|
|LOGarc®||A global well information management system that allows you to integrate well log information with existing in-house mapping and analysis tools||Perform mapping and analysis|
|PowerTools®||Easy-to-use analytical tool for evaluating US reserves and economics and lease and well production performance||Develop a short list of “hot” areas, prospects and operating strategies; plan for future production and depletion of your reservoirs; benchmark production for tight gas sand reservoirs|
|Enerdeq® Browser||User-friendly browser that allows you to quickly access US upstream information||Streamline workflows, access the most current data, quickly evaluate prospects, and make decisions faster|
|FieldDIRECT®||Field-to-office service that captures daily US field production information and stores it in a secure server for you and your team to analyze immediately||Conduct historical trending, analyze ROI on workovers and perform reservoir analysis; develop a short list of “hot” areas, prospects and operating strategies; plan for future production and depletion of your reservoirs|
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.Learn more about our customer’s success
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.Learn more about our client’s successes
To lower costs enterprise-wide, a global energy company asked IHS to review 35 internal standards and list 143 comparable international standards. Research uncovered conformity opportunities including 25% savings on casing/tubing for $5 million annually and $180 million annually for conformance with ALL industry standards.Learn More About Our Customer's Success
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Glencore's proposed sale of its 13 mt/y Rolleston thermal coal mine has cast doubt over the viability of the Wiggins Island Coal Export Terminal (WICET) in Queensland, where the company is the major equity holder and currently the dominant shipper. On the face of it, Glencore's announcement on 28 August flagging the sale said the mov..more
This is a collaborative article from Pritesh Patel, Shrav Gummadi and Dipti Patel. The Permian Basin is the most dynamic play in North America today. The Wolfcamp Delaware is holding its own at a price under $30 as breakeven in its first quintile wells. The Wolfcamp Midland is also very good but is still approximately $10 higher to breakeven. In the se..more
Increased demand for metallurgical (met) coal from China and higher prices has provided Mongolia’s financially troubled coal miners some relief. Mongolia has secured almost 50% of China’s 10 mt year on year import growth in the first six month of 2017 as seaborne supply tightened following the effects of Cyclone Debbie on Australian production. IHS M..more