Enverus
OverviewSuggest Edit
Enverus (formerly known as Drillinginfo) is a company that offers a SaaS and data analytics services for the oil and gas industry. Its platform combines intelligence, analytics, tools, and services in one seamless system to deliver value at every stage of the exploration and production process.
| Type | Private | |
| Founded | 1999 | |
| HQ | Austin, TX, US | Map |
| Website | enverus.com |
Latest Updates
| Employees (est.) (Jan 2021) | 1,017 | (+4%) |
| Cybersecurity rating | B | More |
Key People/Management at Enverus
Allen Gilmer
Founder & Board Member
Jeff Hughes
Chief Executive Officer & President
Dave Piazza
Chief Financial Officer
Mark Szygenda
Chief Technology Officer
Mark Nibbelink
Director of Academic Outreach
Matt Wilcoxson
Chief Revenue Officer
Enverus Office Locations
Enverus has an office in Austin
Austin, TX, US (HQ)
2901 Vía Fortuna #200
Enverus Financials and Metrics
Summary Metrics
Founding Date | 1999 |
Enverus total Funding | $199.7 m |
Enverus latest funding size | $9.60 m |
Time since last funding | 5 years ago |
Enverus investors | Battery Ventures, Insight Venture Partners, Lead Edge Capital, Delta-v Capital, Main Street Capital, Cross Creek |
Enverus's latest funding round in March 2016 was reported to be $9.6 m. In total, Enverus has raised $199.7 m
Enverus Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Oildex | September 19, 2018 | |
| Pattern Recognition Technologies | December 05, 2017 |
Enverus Cybersecurity Score
Enverus Online and Social Media Presence
469 Twitter followers
Enverus has 469 Twitter Followers. The number of followers has decreased 2.3% month over month and decreased 80.4% quarter over quarter
Enverus's Trends
Enverus News and Updates
October 27, 2020
Enverus Launches Next Generation CurveBuilder Technology
AUSTIN, Texas, Oct. 27, 2020 /PRNewswire/ -- Enverus, the leading energy SaaS and data analytics company, has released the next generation of CurveBuilder, its leading forward curves data management software. The new web-based CurveBuilder empowers all users within the trade floor — from...
January 21, 2020
Enverus and Concho Resources Develop Solution to Reduce Erroneous Overbilling
AUSTIN, Texas and MIDLAND, Texas, Jan. 21, 2020 /PRNewswire/ -- Enverus, the leading energy SaaS and data analytics company, and Concho Resources (NYSE: CXO) today announced they will bring to market a new product, Audit Analytics, which enables energy companies to reduce costs by...
August 22, 2019
Genstar-backed Drillinginfo rebrands to Enervus
Drillinginfo, an energy SaaS and data analytics company, has changed its name to Enverus. Headquartered in Austin, Enervus is a portfolio company of Genstar Capital.
August 22, 2019
Drillinginfo Founder Changes Company Name He Never Really Liked
Drillinginfo Founder Changes Company Name He Never Really Liked
February 21, 2019
Drillinginfo Completes Cortex Acquisition, Fifth under Genstar Ownership
SAN FRANCISCO, Feb. 21, 2019 /PRNewswire/ -- Genstar Capital, a leading private equity firm focused on investments in targeted segments of the software, industrial technology, healthcare, and financial services industries, announced that its portfolio company Drilling Info Holdings, Inc,...
December 20, 2018
Drillinginfo Announces Intent to Acquire Cortex Expanding Digital Oilfield Services & e-Payment Systems
AUSTIN, Texas, Dec. 20, 2018 /PRNewswire/ -- Drillinginfo, the leading energy SaaS and data analytics company, announced today it will acquire Cortex, a Network-as-a-Service company that enables automation of accounts payable and receivable (AP and AR) processes for the oil and gas...
Enverus Blogs
January 19, 2021
Summing Up Today’s Current Oil, Gas & NGL Markets in One Word: Hangover
Austin, Texas (January 19, 2021) — Enverus, the leading energy SaaS company, has released its latest FundamentalEdge report, The Hangover, exploring the company’s current view of the oil, natural gas and natural gas liquids (NGL) markets. “As much as the industry might hope the coronavirus vaccine i…
January 18, 2021
Associated Natural Gas in the Permian – Friend or Frenemy?
For years associated natural gas from oil production in the Permian Basin has been viewed as a byproduct with little monetary value. Infrastructure constraints and challenged pricing caused many operators to flare produced gas rather than capture and sell it. With significant egress capacity additio…
January 14, 2021
What is a Forward Curve? A Beginner’s Guide (Part 1)
The industry that drives global commerce and ensures our highest standards of living is underpinned by the complex and fascinating world of commodity trading. Without commodity trading, our lives would be vastly different. The exchange of physical commodities like crude oil, natural gas, metals and …
January 13, 2021
Reduce Your AP Workload by Half in 2021
As we kick off a new year, energy companies are running leaner than ever. A major goal is to focus on no necessary cost or effort expended. If your company is trying to figure out how free up your staff’s time or just manage a heavy workload, the number one action we recommend […]
The post Reduc…
January 13, 2021
A Modest Proposal for Small Operators
COVID-19 Focused Investments: Publicly Traded Companies Investor demands for showing free cash flow and capital discipline have been met with oil and gas public equities tamping down their capex spend, hunkering down to wait for WTI to appreciate enough to start completing DUCs and bringing their …
January 11, 2021
International Upstream Returns Still Competitive
Long-lead international upstream projects still offer returns that remain competitive with North American oil plays and the fast-growing renewable energy sector despite growing economic, investor and regulatory headwinds. As a result, long-term production declines from the international project slat…
Enverus Frequently Asked Questions
When was Enverus founded?
Enverus was founded in 1999.
Who are Enverus key executives?
Enverus's key executives are Allen Gilmer, Jeff Hughes and Dave Piazza.
How many employees does Enverus have?
Enverus has 1,017 employees.
Who are Enverus competitors?
Competitors of Enverus include energyOrbit, Sourcewater and TGT Oilfield Services.
Where is Enverus headquarters?
Enverus headquarters is located at 2901 Vía Fortuna #200, Austin.
Where are Enverus offices?
Enverus has an office in Austin.
How many offices does Enverus have?
Enverus has 1 office.
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