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Since 2004, this independent O&G operator has recorded well data electronically, with daily numbers uploaded in minutes to foremen and engineers. As result, it reduced the time to create daily reports by 33% -- cutting two days off its monthly regulatory reporting cycle -- and increased production by identifying/correcting problems months earlier.
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
With thousands of wells operating in 10 U.S. states, this independent oil and gas company has boosted productivity by enabling daily gauging and allowing staff to focus on high-value tasks rather than data management as well as returning well production to peak levels several days faster by decreasing the time for troubleshooting.Learn more about our client’s successes
When delivering electricity and natural gas to millions of consumers, this American utility company enabled its engineers to find specific industry standards information 5-20 minutes faster – saving 2-3 days each week across 50 engineers – and reduced the hours that the corporate librarian spent assisting with searches.Learn more about our client’s successes
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IHS Energy Strategic Report by Daniel Yergin and Elena Pravettoni A new IHS Energy report disputes concerns by some central banks and regulators that climate change may pose “systemic risk” to the financial system. This view was notably articulated by Mark Carney, Governor of the Bank of England, who declared in a September 2015 speech th
Many seismic attributes today reveal fault and fracture patterns. However, these fault attributes often suffer from noise or artifacts in the input data, resulting in data that is not high enough a quality for automatic fault pickers to use directly without a post-attribute enhancement. In a paper written for and presented in Dall
Oil industry costs will improve as activity recovers, but with only modest expected gains until 2020. Regional North American upstream oil and gas spending is expected to bottom out at USD113 billion in 2016, before increasing again to USD130 billion in 2017. IHS Energy’s Costs & Technology team makes quarterly updates to its bottom-up analysis of upstrea