Why IHS?

Our offering. Estimators and planning professionals of all disciplines can rely on our detailed midstream, environmental and cost estimation databases and software. Together, they provide up-to-date parameters and benchmarks for virtually every component of risk and cost for a new development.

Backed by our experts, these databases and analysis tools fully comprehend regional factors such as:

• Market conditions and local capabilities
• Environmental criteria
• Technology trends affecting offshore and onshore development options
• Local equipment supply and demand
• Transportation and end-use market factors

As operations begin, our strategic cost tracking consulting helps you find gains continuously throughout the life of the project. View challenges and solutions .

Our background. IHS's field development planning systems and expertise have their roots in the merged capabilities during the 1990s of several industry-leading firms, as well as an ongoing commitment to innovation and customer service.

• Our current platforms reflect the combined knowledge base of MAI Consultants, known for their engineering and cost expertise, and Petroconsultants, with expertise in economics and fiscal analysis. The result: IHS estimation systems, the industry standard for field development, are built on a foundation of more than 16 years of cost estimation experience and 20 years of fiscal modelling. Direct access to IHS basin, field and reserves data has enabled these systems to factor in additional benchmarks for regional technical criteria.
• Our systems are backed by experienced engineers and estimators. The continuous gathering of data and tracking of costs, as well as consulting on feasibility studies, enable these expert teams and our software systems to keep pace with the industry's ongoing requirements.
• Our fiscal models have been maintained for more than 20 years, allowing us to provide the industry's most comprehensive library of fiscal history, past and present, for virtually any country. The software is supported worldwide by experienced economists ready to assist you with intricate fiscal modeling nuances and interpretation of fiscal terms.