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Voyage records are never simply populated from tanker tracker data feeds with automated calculations. Instead, IHS LNG experts with deep knowledge of the market and access to proprietary information sources vet every single voyage record. Inaccuracies common to tanker tracker-sourced data are corrected, and commercial detail on the voyage is added. All aggregated LNG data provided to clients have been bottom-up calculated from these voyage-specific data records, and the underlying voyage information is always available for inspection.
For decades, our LNG analysts have maintained relationships with market participants throughout the industry: traders, producers, buyers, port authorities, and brokers. Via this proprietary network, IHS analysts obtain detailed market intelligence that is unavailable anywhere else. This unique vessel-level commercial detail is provided directly to clients via searchable voyage records. It is often critical to understanding hidden or emerging trends in the data, which our experts also present for clients in time-sensitive analytical reports.
Our unique vetting of all information and ground intelligence collection make us the most accurate provider of waterborne commodity intelligence in the marketplace. For LNG, we are the only data provider confident enough to publically compare head-to-head statistics with GIIGNL (The International Group of Liquefied Natural Gas Importers). Regular comparisons of our continuously provided LNG data with GIIGNL's annually reported numbers consistently show a variance of less than 1%. For LPG data, we are the only provider able to provide the actual breakdown of which tanks on an LPG vessel contain C3, C4, or iC4, in addition to commercial details of that shipment.
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 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 operations in Texas and California, this independent oil and gas company implemented a single, integrated system that enabled access to 30+ standard reports with the latest well and production info via the Web, avoiding manual processes and increasing data currency. Easily created/maintained “hands-free” data feeds saved months of development time.
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.