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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
Based in Montana, this trio of oil and gas exploration and consulting companies gained access to comprehensive, up-to-date drilling data and was therefore able to reduce the time required to research drilling programs by up to 2 weeks-- which saves clients money on the front end -- as well as improving operational efficiency and minimizing risks