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One of the world’s largest oilfield service providers enhanced the forecasting accuracy of its oil rig count model from 90 to 97.6 percent, predicted the impact of price changes on customer spending and demand for product lines (by leveraging 3,500 factors) and created a model that predicted the deflation of WTI crude oil prices in late 2014.Learn More About Our Customers Success
A Global 500 energy company set out to find opportunities for greater efficiency in extracting oil from unconventional reservoirs and developed a steam-assisted gravity drainage production solution that now saves millions of dollars annually by reducing the need for maintenance and risk of interruptions.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
This leading NOC needed to quickly identify high-performing upstream assets abroad for purchase as well as benchmark its overall investment portfolio. See how analysts accelerated the identification and valuation of upstream assets by 99.6% -- from 1-3 weeks to 15-30 minutes -- and positioned the NOC to capitalize on investment opportunities worth millions of dollars.Learn More About Our Customers Success
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