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Improve Drilling Efficiency
"With IHS Offset Drilling Data, we analyze how we can drill wells better. If another one in the area took 120 days, we ask, 'how can we drill it in 90 days? The data is in a quick reference format so we can make informed decisions and avoid past problems."
Jake Oil & Gas Consultants LLC
Read the Jake Oil Case Study
Save Time & Money
"If you don't know the history of a well, you're doomed to repeat it. With Offset Drilling Data, we can review detailed histories of nearby wells and adjust our plans accordingly. Access to this information saves us time and money."
Kodiak Oil & Gas Corp
Optimize Well Designs
"Offset Drilling Data is invaluable when looking in new areas. It provides a wealth of information, such as mud, pipe setting depth and drilling times. We know what's been done in the past and can design a well and budget properly. I don't know what we would do without this type of data."
Drilling and Completion Engineer
Cabot Oil & Gas
Analyze Estimated Drilling Times
"Offset Drilling Data provides some of the best well histories available. It saves us from calling five to six different contractors about casing depth, bits, mud properties, geological trouble areas such as lost circulation or over-pressured areas. Offset Drilling Data saves us a lot of time and work. We were better prepared to estimate more time for the first well drilled in the area. Without it, we would not have planned for nearly enough time and would probably have been 50 percent over AFE."
St. Mary Land & Exploration Company
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
At this global energy company, the Market Intelligence team – which supports procurement decisions totaling $13.5 billion annually – cut in half the number of source locations that analysts must access to gather information and reduced by 50% the time required to generate reports/charts for decision makers.Learn more about our client’s successes
To lower costs enterprise-wide, a global energy company asked IHS to review 35 internal standards and list 143 comparable international standards. Research uncovered conformity opportunities including 25% savings on casing/tubing for $5 million annually and $180 million annually for conformance with ALL industry standards.Learn More About Our Customers Success
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.
Shale-oil production has gained traction and global recognition in past couple of years, to continue in 2017.… https://t.co/JZsO2oarsl
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