U.S. IHS | www.ihs.com 131 Currency of production information is critical to your success. The chart below shows the state’s filing requirements for operators, the state processing time before making monthly production volumes publicly available, and the IHS processing time. While we cannot control all the steps affecting the timeliness of production information, we can work to improve our processes even further. Our U.S. Production Information Transformation Project is a multi-year effort to reduce the IHS processing time and bring you the most current information available. IHS U.S. Production Information Timeliness Summary PRODUCTION INFORMATION TRANSFORMATION PROJECT Production currency is one of the most important things we can improve. IHS is working diligently to address our processes and systems in order to bring you the most current production possible. We continue to build out our new Production Accumulation System which is allowing us to deliver Production Data to you in a timelier manner. In 2010 we added Colorado, Wyoming, Utah, Arizona, Nevada, and Oregon to the new system. In 2011 we added North Dakota, South Dakota, and Montana. Production updates are available weekly for Colorado and Wyoming. North Dakota and Utah updates are now made daily with Colorado and Wyoming daily updates available early in 2013. These more frequent production information updates are available through a variety of channels that include IHS Enerdeq Browser, IHS Energy Web Services, PIDM 2.5 database and Production Pirls. The Louisiana transformation is in progress and is by far the largest migration the development team has tackled to date, namely because of the overall number of production entities and because Louisiana the first state to have the allocation process integrated into the new system. This is scheduled to be released by the first quarter of 2015. FOS, Indiana, Illinois, Kentucky, Texas and Oklahoma are in the planning stages.
IHS Global Energy Information Review
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