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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
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.
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.
This Danish energy firm makes expert use of an IHS tool to meet tight deadlines for project bids -- eliminating the need for hundreds of hours of manual cost-estimation and saving 75% of the time required to ramp up an outside contractor -- while giving decision makers confidence in the estimates’ proven accuracy.Learn more about our client’s successes
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