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A major oil company wanted to compare the R&D programs of three peer companies. IHS Markit consultants benchmarked each company’s core R&D activities, organization, spending, and strengths/weaknesses. The client used this outside-in perspective to assess its own R&D program, streamline activities and set future investment priorities.LEARN MORE
A major oil company wanted to assess the impact of upstream technology on its resources. IHS Markit consultants inventoried the firm’s oil and gas resources by type (onshore, offshore, etc.) and identified technology’s impact on cost/recovery of each resource type – depicted in a technology “heat map”. The client used the analysis to inform its strategic investments.LEARN MORE
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.