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    From S&P Global
    Press Release: S&P Global Merges With IHS Markit

    On February 28, 2022, S&P Global completed its merger with IHS Markit, the next step in delivering data, technology and expertise that accelerates progress.

    Read: 2021 Annual Report

    As great as last year was for our company, in many ways 2022 is shaping up to be even better. In February, we closed a transformative merger with IHS Markit. We believe combining our two companies will create substantial long-term value for all our stakeholders.

    Read: S&P Global Foundation

    The S&P Global Foundation is about much more than philanthropy—we are about making a difference by finding and developing essential connections between the knowledge- and skill-driven work of S&P Global and the needs of society.

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    Read: Utility at a cost: Assessing the risks of blockchain oracles

    Oracles are protocols that enable blockchains to both import and export off-chain data for use in smart contracts, as well as enable cross-chain communication. Evaluating the risks of smart contracts also means considering the key vulnerabilities introduced by oracles: concentration, data quality and technical risks.

    Read: Will Oil and Gas Producers Lose Access to External Financing as Lenders Decarbonize?

    Despite longer-term pressures on funding sources, a focus on cash flow generation and debt repayment, along with higher oil prices and slower demand growth, has reduced external financing needs for the sector, a trend we expect to continue for the foreseeable future.

    Read: Metaverse and Generative AI: Envisioning the Future of Human-Computer Interaction

    Technology hasn’t quite caught up to the metaverse’s potential for improving human interconnectedness and emulating physical processes, but the enablement of its use cases will inevitably bear advancements in technology and computing power.

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Oil & Gas Collaboration - Rushmore Reviews

The industry standard in Peer-to-Peer performance data sharing

Rushmore Reviews by S&P Global Commodity Insights is a leading global benchmarking platform for peer-to-peer performance data sharing. It enables oil and gas Operators to share, discuss and analyze drilling, completions and well abandonment data worldwide.

Rushmore Reviews offer the only source of global offset well data provided directly by the Operator and then independently quality controlled. This exclusive Operator-only club has delivered insight into over 80,000 wells for over 30 years. It was established by Operators, for Operators.

Over time, the Reviews have grown to encompass drilling, completions, abandonment and blowout-preventer data from more than 100 countries, with contributions from hundreds of Operators engaged in conventional hydrocarbon, shale and coal seam gas wells.

By leveraging this platform, Operators can:

  • Enhance their planning, design, and budgeting for well Operations.
  • Gain valuable insights from the vast data on over 80,000 wells available in the database.
  • Extract insight immediately related to Operations in new and existing regions
  • Compare performance among key peer groups in time, cost and processes
  • Set measurable targets for performance improvement in drilling, completions and well abandonments

With Rushmore, the data can be easily accessed through our dashboard interface or quickly ingested into Business Analysis tools via our API.

Products & Solutions

  • Drilling Performance Review (DPR)

    The Drilling Performance Review (DPR) is a global platform for Operators to share, discuss and analyze global drilling data. With over 80,000 wells, the DPR contains data from more than 200 Operators in over 100 countries.
  • Completions Performance Review (CPR)

    The Completions Performance Review (CPR) is a global platform for Operators to share, discuss and analyze global offset completions data. The CPR provides participating Operators with data from more than 22,000 completions, as well as detailed schematic diagrams for every completion.
  • Abandonments Performance Review (APR)

    The Abandonments Performance Review (APR) is a global platform for Operators to share, discuss and analyze global abandonment data. Operators also share detailed before-and-after well schematic diagrams for every abandonment.
  • Shale Performance Review (SPR)

    The Shale Performance Review (SPR) is the world’s leading facilitator of peer-to-peer performance benchmarking for multi-staged frac’ed wells with data from over 28 Operators in 8 different countries. The SPR provides participating Operators with data from more than 19,000 wells.

Customer Testimonials


“Equinor is using Rushmore Reviews primarily for external benchmarking to ensure our drilling and well performance remains among the best in class. The Reviews are useful to benchmark and quality check our time and cost estimates for planned wells, in particular for regions where little or no internal data exist. The reporting side of Rushmore Reviews is a great way to QC our internal data.”

- Engineer D&W Operations, Equinor ASA, Norway


"Chevron uses Rushmore Reviews to benchmark our performance in both drilling and completions and furthermore to measure shale field performance and subsea BOP reliability. The Rushmore data is key for gauging our performance internally and against competitors to ensure we are always competitive. We have been very successful in using the Reviews to reduce the uncertainty in new country entry cost estimating and well planning, making new ventures more profitable."

- UC D&C Engineer, Chevron, USA

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