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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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Q2 marks increase in Upstream Oil & Gas costs after 2 years of deflation After two years of deflation, upstream costs turned upwards in the second quarter of 2016 on higher material prices, most notably in higher steel prices. IHS Energy’s MSS Offshore and Onshore Indices* went up 7% and 6% quarter-on-quarter, but are still down 6% and 4% ye
This article reviews features available in IHS Piper that can be used to test optimization scenarios for hydrocarbon gathering systems, specifically focusing on compression. General field optimization ideas and workflows are reviewed in a previous blog titled “Field Optimization Using IHS Piper – Part I: Optim
This article reviews features available in IHS Piper that can be used to test cost cutting for hydrocarbon gathering systems by shutting-in wells. General field optimization ideas and workflows are reviewed in a previous blog titled “Field Optimization Using IHS Piper – Part I: Optimizing Gathering Systems”. You may wan