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Technology and Innovation

IHS Upstream technology and Innovation offering delivers independent analysis of technology advances and trends along with their potential tactical and strategic implications on costs.

It provides a set of proprietary frameworks and data resources that allow member companies to evaluate the impact of technologies on their existing portfolios as well as on potential investments. Through the research and analysis provided, the offering allows companies to assess where they stand in relation to industry peers.

They key set of themes which anchor the research agenda include: Digital Oilfield of the Future, Technology screenings, Industry technology and innovation trends and Regulatory-driven technology developments.

Technology and Innovation offering from IHS includes:

Digital Oilfield of the Future

  • Semi-annual DOFF member workshops
  • Framing the digital oil field within a strategic context to broaden its appeal and thereby accelerate adoption
  • Identifying key opportunity areas (e.g. asset classes, functional activities), outlining possible approaches and quantifying potential benefits
  • Highlighting common technical and organizational challenges, and plotting paths to overcome them
  • Investigating world-class deployments to outline their approaches, identify their key success factors and document their value

Technology Screening

  • Deployment criteria and recent technical developments, including field trial results
  • Receptiveness scorecard by asset/region segments
  • Quantifying technology impacts (e.g., recovery factor increase) by resource segment to provide guidance on investment and deployment prioritization
  • Identifying and tracking signposts on the path to large-scale

Upstream Spending and Industry Trends
Comprehensive and detailed view of spending and supplier trends.

  • Global Upstream Spending
  • North American Upstream Spending
  • Industry Trends

Technology Trends

  • Updates on technology development trends e.g. spending levels, areas of focus, sources of innovations and organizational strategy, along with the business and technical factors influencing them
  • Deep dives into key technology development trends along with guidance on how best to position one’s organization to benefit from them
  • Best practices for accelerating technology adoption by shortening the cycle from field piloting to broad deployment, reinforced by actual industry case studies

Industry Success Stories

Mar 23

In-depth basin analysis for the Mexican sedimentary basins- understand basin evolution & stratigraphy, compare ass…

Mar 22

As #oil prices begin to stabilize, field dvlpm costs hit low point. Which costs have dropped the most? See more-…

IHS Energy Blog

Mar 22

North American onshore: My observations at CERAWeek

CERAWeek posted record attendance numbers this year, and the North American onshore was decidedly the topic du jour. Virtually every conversation referenced the role that unconventionals are playing both at a local, national, and global level.  Here are some observations: 2017 marks a return to the growth game. Companies certainly care more ab

Mar 21

An update on Mexico bid rounds

Government plans are being changed for Deep Water and Unconventional blocks. On 2 March 2017 the Secretaria de Energia (SENER) announced significant changes to its Plan Quinquinal for bid rounds to be held in the future including Ronda 2.4 for Deep Water and Unconventional blocks and Ronda 3.1 and Ronda 3.2. The most significant changes include moving to only two bid

Mar 20

Permian M&A: Hot and getting hotter

IHS Companies and Transactions analysts Paul O’Donnell and Kelli Francis also contributed to this report. High valuations for Permian assets are proving to be a catalyst for Permian private operators that seek monetization opportunities via an IPO or outright sale. IHS Markit expects that the sufficient number of private operators remaining means that the Permia

Optimizing costs through improved CAPEX and OPEX discipline

Operators looking into operating and capital expenditures need to look broadly. They need to take the time to analyze their operations, and extended supply chains at a granular level and surgically cut costs to boost efficiency if they are to achieve long-term growth, profitability, and competitive advantage.

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