Developing wells to completion and extracting hydrocarbons is a complex and costly process. Maximizing well economics and driving efficiencies within your operations is critical to meeting both topline and bottom line expectations. Partner with IHS Markit energy solutions to produce your best results.
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Oilfield Services Management and Costs
Industry Success Stories
Monroe Energy improves operational efficiency, enables Delta Air Lines’ strategy to cut fuel costs $300MM per year
As a Delta Air Lines subsidiary, this oil refinery reduced the parent company’s jet fuel costs by $300 million per year and increased the efficiency/productivity of its own 40 engineers by up to 2 hours a day – saving about $600K per year. The refinery also strengthened corporate governance by ensuring compliance with safety/environmental standards.
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Pioneer Natural Resources Delivers "OneMap" Vision for Users with Direct Links to IHS Markit Well Data
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.
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Swift Energy Improves Efficiency and Productivity in Eagle Ford Shale with Kingdom 8.8
For 30+ years, this E&P company has thrived by adopting transformative technologies. Recently it began using a new system to increase profits by reducing geosteering operations from hours to minutes with real-time data, improving communication efficiency between engineers and geophysicists, and by integrating seismic information with well data.
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