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IHS Petrodata™ World Rig Forecast: Short-Term Trends

Stay informed of the most important rig activity and trends

Is your rig data providing a truly global overview and perspective on the offshore drilling market?

This comprehensive, in-depth forecast and analysis of the worldwide offshore drilling rig market provides insightful commentary, as well as regular coverage of leasing and offshore discoveries. A 12-month rolling forecast by region and offshore rig type helps subscribers to:
  • Analyze how overall rig market activity may affect business
  • Act on emerging rig market trends
  • Make more informed commercial decisions
  • Align resources for competitive purposes

Features & Delivery

Features
  • A 12-month rolling forecast by main geographic region and rig type
  • Analysis of market activity and trends
  • Offshore rig utilization by region and type
  • Day rate ranges by geographic region and rig type
Delivery

The World Rig Forecast: Short Term Trends report is delivered to your email inbox the third week of each month. Alternatively, you can access this report online if also subscribed to RigPoint

Industry Success Stories

Stanolind Operating Corporation Maximizes Efficiency and Production with Streamlined Well Data Reporting

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.

Learn more about our client’s successes

Global Oilfield Services Leader Minimizes Risks/Costs by Proactively Maintaining Inventory of Electronic Components

One of the world’s largest oilfield services providers reduced uncertainty about parts obsolescence and replacement availability by providing its employees with real-time access to data for 25,000+ parts and eliminating delays to part change notices. The company also ensured compliance with latest REACH, RoHS and Export regulations.

Learn more about our client’s successes

Baker Hughes accurately forecasted falling oil prices to enable better strategic business decisions

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.

SEE CASE STUDY

Maersk Oil Speeds Decisions, Extends Competitive Edge by Streamlining E&P Project Cost-Estimation

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

Events

IHS Markit Event 12 November 2019

Latin American LPG Seminar & Workshops 2019

IHS Markit is presenting the Latin American LPG S (...)

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IHS Markit Event 05 November 2019

Rushmore Annual Participant Meeting 2019

Join IHS Markit experts and participating operato (...)

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IHS Markit Event 24 October 2019

Energy Outlook Seminar - Muscat, Oman 2019

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