This table shows the average prices paid for natural gas and electricity. The total prices represent the sum of energy supply prices and network prices.

The total price is the price paid by an end-user, for instance a household or an industrial company consuming energy in their production process. Natural gas used for non-energy purposes or for electricity generation is excluded from the data.

The price cap set by the Dutch government for 2023 has now been incorporated into the prices.

Data available from: 1st semester of 2009

Status of the figures: The figures in this table are provisional for the two most recent semesters, and the annual figures follow the status of the second semester of the relevant reporting year. The remaining figures are final.

Changes as of September 30: Figures for the first half of 2024 have been added.

When will new figures be published? New provisional figures will be published three months after the semesters end, at the end of September and at the end of March.

This table contains consumer prices for electricity and gas. Weighted average monthly prices are published broken down into transport rate, delivery rates and taxes, both including and excluding VAT. These prices are published on a monthly basis. The prices presented in this table were used to compile the CPI up to May 2023. Prices for newly offered contracts were collected. Contract types that are no longer offered, but have been in previous reporting periods, are imputed. The average can therefore diverge from the prices paid for energy contracts by Dutch households.

Data available from January 2018 up to May 2023.

Status of the figures: The figures are definitive.

Changes as of 17 July 2023: This table will no longer be updated. Due to a change in the underlying data and accompanying method for calculcating average energy prices, a new table was created. See paragraph 3.

Changes as of 13 February: Average delivery rates are not shown in this table from January 2023 up to May 2023. With the introduction of the price cap, the average energy rates (delivery rates) of fixed and variable energy contracts together remained useful for calculating a development for the CPI. However, as a pricelevel, they are less useful. Average energy prices from January 2023 up to May 2023 are published in a customized table. In this publication, only data concerning new variable contracts are taken into account

When will new figures be published? Does not apply.

According to Cognitive Market Research, the global oil and gas data management market size is USD 21.22 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 28.4% from 2024 to 2031. Market Dynamics of Oil and Gas Data Management Market

Key Drivers for Oil and Gas Data Management Market

Expanding governmental restrictions regarding safety requirements- Security and safety concerns brought up by the oil and gas business have brought it under constant scrutiny. Government rules pertaining to worker protection and sustainability have accelerated the oil and gas sector's acceptance of data management technologies. Through the establishment of guidelines for working environments, the governance responsible for occupational health and safety manages the protection of employees. Oil and gas producers must abide by the governance regulations, which can be tracked with the use of an oil and gas data management technology. Consequently, the automated process made possible by database management system interaction expands the industry for oil and gas data management.
The increasing demand for immediate monitoring, preventive maintenance, and operating efficiency, all of which are easily attained by putting data management systems in place, is another factor propelling the expansion of the oil and gas data management market.

Key Restraints for Oil and Gas Data Management Market

The primary barrier to the market is worries regarding safety and private information.
The market is also being hampered by expensive installation and upkeep expenditures as well as a shortage of professionals.

Introduction of the Oil and Gas Data Management Market

Oil and gas data management involves all parts of the production process, including discovery, improvement, logistics, and preservation. It examines different methods used to deploy complicated data. The requirement for businesses to implement the oil and gas data management strategy stems from the numerous regulatory modifications implemented in the oil and gas sector. A massive amount of data may be collected and evaluated using data management to meet the needs of the organization and achieve the highest levels of security and commercial success. The popularity of oil and gas data management is expanding quickly due to advancements in technology and rising usage of technological innovation. The industry is also anticipated to grow more quickly because a number of new businesses are entering the market and offering specialized solutions at affordable prices.

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Drilling Data Management Systems Market Size 2025-2029

The drilling data management systems market size is forecast to increase by USD 17.89 billion, at a CAGR of 10.6% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing adoption of big data analytics in the oil and gas industry. With the vast amounts of data generated during drilling operations, drilling data management systems are becoming essential for improving productivity and transparency. This trend is particularly pronounced in regions with high drilling activity, such as North America and the Middle East. However, the market growth is not without challenges. Fluctuations in crude oil prices continue to impact the market, as drilling activities can be scaled back during price downturns. Additionally, the integration of drilling data management systems with other operational systems and data sources can be complex, requiring substantial investment in technology and personnel.
Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on developing user-friendly solutions that can seamlessly integrate with existing systems and provide real-time data analysis capabilities. By doing so, they can help operators make informed decisions, optimize drilling operations, and reduce costs. Overall, the market presents significant opportunities for growth, particularly as the industry continues to embrace digitalization and data-driven decision-making.

What will be the Size of the Drilling Data Management Systems Market during the forecast period?

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The market in the oil and gas industry is experiencing significant growth due to the increasing importance of asset optimization and well control in maximizing production rates from conventional reservoirs and economically viable shale formations. Advanced drill planning and engineering systems, geoscience systems, and database administration software are integral components of drilling data management systems, enabling real-time data collection, analysis, and reporting for drilling management teams. Multilateral wells and complex drilling operations necessitate strong data management systems to ensure efficient wellbore location tracking and production rate monitoring.
Cybersecurity concerns are also driving demand for advanced data management solutions to protect sensitive drilling data transmitted wirelessly from oil rigs. The market is further driven by the integration of drilling data management systems with engineering and production asset teams, enabling collaborative decision-making and improved drilling performance. Gas hydrates and other geological challenges pose technical complexities that require sophisticated data management systems to ensure safe and efficient drilling operations. Overall, the market is expected to continue its growth trajectory, driven by the need for data-driven drilling strategies and the increasing complexity of drilling operations.

How is this Drilling Data Management Systems Industry segmented?

The drilling data management systems industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Component

  Services
  Software
  Hardware


Application

  Oil and gas
  Energy and power


Geography

  North America

    US
    Canada
    Mexico


  Middle East and Africa

    UAE


  Europe

    Norway
    Russia
    UK


  APAC

    Australia


  South America

    Brazil

By Component Insights

The services segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth due to the increasing importance of data-handling efficiency in various industries. With the generation of vast data volumes, there is a heightened demand for flexible, scalable, and effective data management solutions. The services segment within this market encompasses activities such as sensor installation, equipment maintenance, consultation, and data analytics, all applied throughout drilling operations. New technologies like vertical drilling and Enhanced Oil Recovery (EOR) are driving investments in this sector, as they decrease drilling time and facilitate the efficient extraction of oil. Additionally, the integration of advanced technologies like Real-time analysis, Predictive analytics, Artificial Intelligence, IoT Sensors, and Cloud Computing, enhances operational efficiency and data transparency.

The market is further driven by the need for data security, particularly in the oil and gas industry, where cybersecurity concerns are increasingly prevalent. The market caters to both conventional and unconventional resources, including crude oil, shale oil, shale gas, and conven

The 2025 annual OPEC oil price stood at 78.1 U.S. dollars per barrel, as of February. This would be lower than the 2024 average, which amounted to 79.86 U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2024 fall in prices was the result of weakened demand outlooks, primarily from China.

This data package includes the underlying data files to replicate the data and charts presented in The Inflation Surge in Europe by Patrick Honohan, PIIE Policy Brief 24-2.

If you use the data, please cite as: Honohan, Patrick. 2024. The Inflation Surge in Europe. PIIE Policy Brief 24-2. Washington, DC: Peterson Institute for International Economics.

West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to 84.8 - well below the national benchmark of 100. Nevada - which had an index value of 100.1 - was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately 427,000 U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than 200,000 U.S. dollars. That makes living costs in these states significantly lower than in states such as Hawaii and California, where housing is much more expensive. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded 500 U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.

Jet fuel prices in the aviation industry were at an all-time low during 2020; the lowest value recorded was in the week of May 1, 2020 at 0.46 U.S. dollars per gallon. Now that air passenger demand is improving, the rise in jet fuel prices is putting pressure on the airline industry that is trying to return to profitability.

The gasoline price in the Philippines continued to fluctuate in 2023 and the first quarter of 2024, reaching 68.67 Philippine pesos per liter in March 2024. The retail price of petrol peaked between May and June 2022.   Which countries supply petroleum products to the Philippines? The refined petroleum products supply in the Philippines is mainly imported from South Korea, which accounts for 31 percent of the total import share. Singapore and China also provide a large share of the country’s petroleum product supply. Due to a dormant oil refining capacity, the production of petroleum refinery products in the Philippines has shown sluggish growth recently, further emphasizing the need for importing such products. Leading petroleum companies in the Philippines As of March 2023, Shell Pilipinas Corporation held the highest share of the petroleum market in the Philippines, with a market share of about 16 percent. The company operated its own petroleum refinery until 2020, when it decided to focus on imports. There is only one operating oil refinery in the country, which is run by the second-largest oil company – Petron Corporation.

As of January 2024, the average price of gasoline in Nigeria was 668.3 Nigerian naira (NGN) per liter, around 0.41 U.S. dollars. Compared to the previous month, the price increased. In January 2023, the average price of petrol in the country stood at approximately 257 NGN.