Offset Drilling and Completion Benchmarking

Improve operations and reduce non-productive drilling time with in-depth performance analysis

Are your experts spending too much time on data gathering than analysis?

Utilize an exclusive member only database that includes performance benchmarking software and quality-controlled data—designed to provide multiple charting and reporting capabilities a regional or specific area of interest level for costs and time to drill comparisons. Drilling Engineers and managers, operations managers, assets managers and performance analysts use this subscriber-based exclusive membership solution to:

  • Improve drilling program efficiency and performance year-over-year
  • Quickly estimate ROP costs and days to drill
  • Aggregate and normalize key performance indicators
  • Identify Key Drilling Factors and best practices in specific areas of interest
  • Improve drilling operations through best in class offset data comparison
  • Identify "high risk" areas including Excessive Days Drilling, High Cost and Non- Productive Time
  • Export data directly to in-house systems for a deeper dive into details for design optimization

Testimonial

"IHS Markit Drilling Performance Benchmarking solution is certainly a key contributor to Anadarko's operational success. The nature of our land resource plays is so competitive and puts such a premium on efficiency. And we emphasize maintaining internal KPIs and constantly measure ourselves against past performance. But Dodson Data helps us go beyond by benchmarking our cycle times against regional competitors. These results lead to deeper competitor research as well as the opportunity to leverage a best-in-class basin position with investors—because being recognized as a low-cost operator is the key to winning in the North American resource play market."
Drilling Engineering Manager, Southern & Appalachia Region
Anadarko

"Over the years, IHS Markit has provided Shell with the tools necessary to benchmark our drilling programs against our peers. IHS Markit provides a database where operators have access to:
A robust dataset containing technical and high-level cost data
An interface where data can be exported for further analysis
Along with the database, IHS Markit provides a forum where operators can share best practices in drilling and completions operations
The forum approach allows operators to create a database that is fit for purpose for our business needs."
Team Lead Competitive Analysis Shell

Drillling

Gulf of Mexico: Over 2,200 Operator participating records and over 40,000 public records back to 1947
US Onshore: Over 5,000 Operator participant records and over26,000 public records

Gulf of MexicoUS Onshore
Features  
Sophisticated query system

 

 

Custom filters

 

 

Excel export

 

 

Performance Metrics  
Rate of Penetration (ROP)

 

 

Mechanical Risk Index (MRI™)

 

 

Total Drilling Cost

 

 
Non-Productive Time (NPT)

 

 

Tools  
Performance Drilling Index (PDI) Calculator

 

 

MRI Calculator®

 

 

MRI Frequency Analysis 

 

NPT Product Charts 

 

Proficiency Index and Risk Index 

 

NPT & ROP Proficiency Analysis 

 

Comparisons  
operator vs. industry

 

 

operator vs. operator

 

 

Well vs. well

 

 

Automatic Charting  
MRI

 

 

feet per day

 

 

cost per foot

 

 

problem time 

 

cost per time 

 

Industry Success Stories

Events

IHS Markit Event Mar 05, 2018

CERAWeek 2018

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IHS Markit Event Apr 10, 2018

International LPG Seminar & Workshops 2018

Join IHS Markit at the upcoming 31st Internationa (...)

IHS Markit Event Mar 27, 2018

AAPG Global Super Basins Leadership Conference

Join AAPG and IHS Markit at the Upcoming 2018 Glo (...)

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