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Oil & Gas Upstream

IHS Markit Rushmore Shale Performance Review (SPR)

Plan and budget for shale wells in new areas.

Why do operators participate in the SPR?

In February 2012, a group of operators assembled in Houston and arranged to share offset data on their shale wells. They developed a data set covering drilling, completion and hydraulic fracturing, also known as "frac'ing," containing the key technical, time and cost data that they would find most useful. The scope of the review soon expanded to encompass all multistage frac'ing of horizontal development wells irrespective of the reservoir type.

Join the SPR today to:
  • Access data from more than 25 operators for over 13,000 wells in 8 countries
  • Get industry data and competitor intelligence
  • Obtain highly useful technical, time and cost data
  • Decide which data to share, the rules for sharing, yearly changes needed and how additional value can be gained
Learn more about IHS Markit Rushmore Shale Performance Review (SPR)
Get Started

Benefits of participating in the SPR

  • Establish your competitive performance - It is nice to know you are doing better than last year, but the real bottom-line measure is how you are performing in relation to your competitors.
  • Provide a driver for improvement - If you can show that others are doing it faster or less expensively, you can use this fact to accelerate improvement.
  • Discover what the best-in-class operators do differently - While the data will not tell you precisely how they deliver superior performance, it will provide clues and indicators that you can build upon.
  • Plan and budget for wells in new areas - Access technical, time and cost data for more than 13,000 multi-stage fractured wells in 8 countries. Use this data to evaluate the viability of future prospects.
  • *New* Production data add-on - Oil, Water and Gas production data is now available for both U.S. Land Lower 48 and Canada Land wells completed from January 2015 onwards. This additional service allows participants to analyze the effectiveness of frac'ing techniques in relation to production.

Getting started

How to participate?
  • An operator contracts to participate in at least one country for at least one year.
  • The operator provides data on all wells it drills that year in each country in which it is participating.
  • The data is independently quality checked and published on the website.
  • An operator may also participate retrospectively.
  • If an operator provides all of its wells, the operator receives access to data in all countries, even if it does not drill there.
Data coverage
  • Approximately 95 data fields covering drilling, completion and frac'ing data including:
  • Well identification, location and formation detail
  • Total footage drilled, measured total depth, lateral length and kick-off point
  • Hole size, mud type and casing details
  • Rig section times and drilling method
  • Frac'ing method, number of stages, treated length and time on pad
  • Proppant, fluid and treating pressure details
  • Drilling and completion/frac'ing costs and NPT
Data entry and automated data entry import
  • Excel workbook input
  • Workbook emailed to Rushmore for QC
  • Rushmore automated and manual QC checks
  • Queries on data between participant and Rushmore
  • Data published
  • Data extraction service - Rushmore can provide a data extraction service for participants. This removes the burden of data reporting for the operators, allowing them to focus on the end product - the SPR Database. For more information on data extraction, please contact our sales team.
  • Data extraction import tools - Access several reporting application vendors who provide data extraction import tools for the SPR.
Access to benchmarking tools
  • SPR key performance indicator metrics - Includes drilling and completion/frac'ing performance metrics
  • SPR charts - Histograms, cross plots, box charts and several other charting options allow for various performance phase benchmarking. Customize your charts using time, depths, costs, lengths or other metrics
  • REDD (Rushmore Estimated Drilling Days) – is a P50 estimate of the number of days an ‘average’ Operator would take to drill a well from Spud to Rig Release, including NPT and WOW, for a given ‘Country’ and ‘Formation'
  • RDI (Rushmore Drilling Index) – is a measure of difficulty of drilling a well which can be used for normalisation purposes for a given ‘Country’ and ‘Basin’
  • RCI (Rushmore Completion Index) - is a measure of difficulty of completing a well which can be used for normalization purposes for a given ‘Formation
  • RECD (Rushmore Estimated Completion Days) - is a P50 estimate of the average number of days an Operator would have a Frac Crew on location, including NPT and WOW for a given ‘Formation’

The Participants

Feel free to browse the range of operators and the regions covered.
A-E

A

  • Apache
    • USA

B

  • BHP 
    • USA

C

  • Cairn
    • India
  • Chesapeake
    • USA
  • Chevron
    • Canada
    • USA

D

  • Devon 
    • USA

E

  • Encana
    • Canada
    • USA
  • EP Energy
    • USA
F-J

H

  • Hess
    • USA
  • Hunt
    • Canada
    • USA
  • Husky
    • Canada
K-O

L

  • Liberty
    • USA

M

  • Marathon 
    • USA
  • MidStates
    • USA
  • Murphy 
    • Canada
    • USA

N

  • Newfield
    • USA
  • Nexen
    • Canada
    • Colombia
P-T

P

  • Pioneer
    • USA

R

  • Reliance
    • USA

S

  • Samson Resources
    • USA
  • Santos
    • Australia
  • Shell
    • Argentina
    • Canada
    • Jordan
    • New Zealand
    • USA
  • Statoil
    • Australia
    • USA
  • Suncor
    • Canada
  • Swift
    • USA

T

  • Talisman
    • Canada
    • USA
  • Tema
    • USA
  • Total
    • Argentina
U-Z

Y

  • YPF
    • Argentina

Discover the power of IHS Markit Rushmore Shale Performance Review SPR

Industry Success Stories

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

Texas Instruments Enhances Customer Service by Expanding its Competitive Cross Reference Capability

One of the world’s premier semiconductor companies increased the number of cross references in its parts database from 100,000 to nearly 2 million. In doing so, the company boosted results of its parts with the lowest searches by 52 percent and helped its customers find alternatives for obsolete parts so they can avoid the need to redesign products.

Learn more about our customer's success

Mack Energy Co. Increases Production and Accelerates Decisions with Rapid Availability of Well Data

As one of the top oil producers in Oklahoma, this company began using an electronic system to make information available to all of its employees. Production data is no longer entered manually so it is available for analysis the next morning and overall production increased because problems are resolved as much as a week sooner.

Learn more about our client’s successes

Events

28th World Gas Conference

23-27 May 2022 | Global Visit us at the 28th World Gas Conference on 23-27 May 2022 in Daegu, South Korea.
Learn more

Africa - What Could Be: The Billion Dollar Question

31 May 2022 | Global What happens when $1 billion is spent within the upstream E&P sector in Africa?
Learn more

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