MARKET PRICE INDICES

STRATEGIC SOURCING BY BASIN

Enverus Market Price Indices compare your pricing to the market by region or basin, providing true benchmarking to specific company performance. Take the first step to creating a strategic sourcing strategy to fuel sustainable growth.
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ANADARKO

Proppant Indices 3
Chemical Indices 8
Drilling Mud 1 
OCTG 5
Cement 1
Day Rate 1
Drilling Mobilization 1
TOTAL: 20

NORTH AMERICA

Proppant Indices 27
Chemical Indices 71
Drilling Mud 8 
OCTG 40
Cement 8
Day Rate 8
Drilling Mobilization 8
TOTAL: 170

Ark-La-Tx

Proppant Indices 3
Chemical Indices 8
Drilling Mud 1 
OCTG 5
Cement 1
Day Rate 1
Drilling Mobilization 1
TOTAL: 20

APPALACHIAN

Proppant 3 Indices
Chemical 8 Indices
Drilling Mud 1 
OCTG 5
Cement 1
Day Rate 1
Drilling Mobilization 1
TOTAL: 20

GULF COAST

Proppant Indices 3
Chemical Indices 8
Drilling Mud 1 
OCTG 5
Cement 1
Day Rate 1
Drilling Mobilization 1
TOTAL: 20

DENVER

JULESBERG

Proppant Indices 3
Chemical Indices 8
Drilling Mud 1 
OCTG 5
Cement 1
Day Rate 1
Drilling Mobilization 1
TOTAL: 20

PERMIAN

Proppant Indices 3
Chemical Indices 8
Drilling Mud 1 
OCT 5
Cement 1
Day Rate 1
Drilling Mobilization 1
TOTAL: 20

WHOLE U.S.

Proppant 3 Indices
Chemical 8 Indices
Drilling Mud 1 
OCTG 5
Cement 1
Day Rate 1
Drilling Mobilization 1
TOTAL: 20

WILLISTON

Proppant Indices 3
Chemical Indices 8
Drilling Mud 1 
OCTG 5
Cement 1
Day Rate 1
Drilling Mobilization 1
TOTAL: 20

CANADA

Proppant 3 Indices
Chemical 7 Indices

TOTAL: 10

THE MOST ACCURATE INSIGHTS IN THE MARKET

Review regional price trends available in category, sub-category and basin level granularity.

 

With nearly $200 billion of annual oil and gas spend flowing through the OpenInvoice network each year, Enverus is the only company with the ability to combine analytics grade spend data with Enverus activity-based metrics, providing the most accurate, current insights on a regional level. 

 

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Hover over map icon to view available indices. 

why benchmark?

When you only look at Company B’s price curve over two years, a price drop of 40% looks favorable.
When you hover on the price curve image, notice the market price dropped by 80%. So while Company B saw prices steadily drop, market prices dropped faster, indicating there's an additional opportunity for additional savings.
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COMPARE MARKETS BY BASIN

Proppant is getting universally cheaper and has been a big driver for cost reduction over time. Looking at the proppant pricing indices of these two high activity basins, you notice the Permian price index declines much more and ends much lower than the Appalachian index. The Permian also shows more price variation than the Appalachian Basin.

SIMPLIFY PRICING STRATEGY

Your current price strategy influences revenue in the future. Market Price Indices provide visibility into the impact of price changes on individual parts of complex services in different regions, making it much easier to find opportunities for additional cost savings and improve strategic sourcing. 

 

Enverus Market Price Indices are part of a centralized ecosystem, making price analysis and benchmarking easy and sustainable.

Reduce Overspend

Risk

Forecast market bid costs using historical pricing in your region to reduce the risk of overspend.

Improve Strategic Sourcing

Compare your pricing to market trends to pinpoint specific opportunities for additional cost savings.

Strengthen Negotiations With Suppliers

Know how your pricing compares to regional and national market trends to negotiate win-win agreements with suppliers and improve the RFQ process.

DEMO TIME!