MARKET PRICE INDICES

STRATEGIC SOURCING BY BASIN

Enverus Market Price Indices compare your pricing to market trends by region or basin, providing visibility into your company's 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
Compression 1
Cement 3
Day Rate 1
Drilling Mobilization 3
Surface Valves 4


TOTAL: 25

CANADA

Proppant 3 Indices
Chemical 8 Indices
Cement 1 
Drilling Operations 3
Compression 1
Labor 1
Surface Valves 4
TOTAL: 17

Ark-La-Tx

Proppant Indices 3
Chemical Indices 7
Drilling Mud 1 
OCTG 5
Compression 1
Cement 3
Day Rate 1
Drilling Mobilization 3
Surface Valves 4
TOTAL: 25

GULF COAST

Proppant Indices 3
Chemical Indices 8
Drilling Mud 1 
OCTG 5
Compression 1
Cement 3
Day Rate 1
Drilling Mobilization 3
Surface Valves 4
TOTAL: 25

DENVER-JULESBURG

Proppant Indices 3
Chemical Indices 8
Drilling Mud 1 
OCTG 4
Compression 1
Cement 1
Day Rate 1
Drilling Mobilization 3
Surface Valves 4
TOTAL: 23

PERMIAN

Proppant Indices 3
Chemical Indices 8
Drilling Mud 1 
OCT 5
Compression 1
Cement 3
Day Rate 1
Drilling Mobilization 3
Surface Valves 4
TOTAL: 25

WHOLE U.S.

Proppant 3 Indices
Chemical 8 Indices
Drilling Mud 1 
OCTG 5
Cement 1
Drilling Mobilization 3
Surface Valves 4
TOTAL: 21

WILLISTON

Proppant Indices 3
Chemical Indices 8
Drilling Mud 1 
OCTG 5
Compression 1
Cement 1
Day Rate 1
Drilling Mobilization 3
Surface Valves 4
TOTAL: 23

APPALACHIAN

Proppant 3 Indices
Chemical 8 Indices
Drilling Mud 1 
OCTG 5
Compression 1
Cement 3
Day Rate 1
Drilling Mobilization 3
Surface Valves 4


TOTAL: 25

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 anonymized 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 60% looks favorable.
When you hover on the price curve image, notice the aggregated market index dropped by 80%. So while Company B saw prices steadily drop, the market index dropped faster, indicating there's an 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.

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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 balanced, sustainable 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

Compare your pricing to regional market trends to negotiate win-win agreements with suppliers and improve the RFQ process.

DEMO TIME!