Energy Analytics

Drive Optimal Returns and Increase Confidence in Critical Investment Decisions

bySusie Yuill

Fast, easy proprietary and Enverus data integration in PRISM now available

If you’re relying solely on internal proprietary data to make critical decisions, you’re missing out on the opportunity to drive better business outcomes. Comparing proprietary data, such as estimated ultimate recovery (EUR) or well landing intervals, to trusted, unbiased Enverus data and analytics to verify findings or identify outliers means you can make decisions based on a more complete data set.

One recent 2022 study by the National Energy Technology Institute found that using proprietary data facilitates greater insight to key grand challenges common to any oil and gas operator when used and analyzed in combination with data provided by Enverus.

For most companies, blending these massive data sets together is time-consuming, onerous and costly, preventing detailed workflows from contributing to high-level workflows and vice versa. Also, the data platforms many companies use today aren’t designed for cross-team collaboration, so it’s difficult for geo teams to share their subsurface interpretations with engineering teams, for example. That means technical teams spend valuable time on data integration activities rather than focusing on finding answers to business questions.

In this era of limited inventory, companies must focus on improving efficiency and optimizing development strategies, not moving data around or waiting for data uploads that take hours.

Fusion Connect, a new solution from Enverus, makes it quick and easy to upload proprietary data into PRISM. This view allows you to benchmark your analysis, such as completion designs or well performance to Enverus analytics, discover new learnings to inform your operations, uncover outliers and easily share findings with other teams to support better outcomes, whether it’s more accurate evaluations or optimal well designs. Read the press release to learn more.  

Some examples of specific workflows that assist in asset development optimization include:

  • Increasing confidence in reserves bookings.
  • Ensuring your well landing lateral length calculations will yield high-performing designs.
  • Optimizing type curve proposals.

This new level of value cannot be offered by any other provider the ability to compare findings to Enverus data built upon more than 20 years of market intelligence and machine learning in a single platform designed for cross-team collaboration with the most current insights. Also, different stakeholders in the energy ecosystem rely on Enverus data and analytics as the single source of truth that influences important decisions. For example, Wall Street uses Enverus insights to make capital investment decisions, and operators use the same insights to provide ROI on those investments.

Simplified blending of Enverus and proprietary data into one common platform that is accessible by multiple teams streamlines collaboration and knowledge sharing, making team workflows much more efficient, so you get answers faster. Additionally, customers leveraging PRISM and Fusion Connect can avoid the cost and time required to build and maintain an in-house solution for data integration.

Watch this video to learn how you can quickly group wells in proprietary type curve areas for accurate production forecasts with Fusion Connect. 

For early adopters of Fusion Connect, the breakthrough is already proving to save time and resources and improve customer inter-company collaboration. These intelligent connections enable companies to act fast and deliver extraordinary outcomes that had not been possible previously. This development is crucial in today’s rapidly changing energy ecosystem.

Enverus solutions are built to support your workflows at every stage of the asset lifecycle.

Request more information about how Enverus can help you optimize your asset management by filling out the form below.

Picture of Susie Yuill

Susie Yuill

Susie Yuill is Director of Product Marketing at Enverus. She specializes in bringing SaaS software products to market and creating and implementing high-value marketing programs to reach and convert target accounts. Throughout the years, she has led the marketing product launches for several SaaS products for various industries. Susie is a proud, fightin' Texas A&M Aggie and earned an MBA from Texas State University.

Subscribe to the Enverus Blog

A weekly update on the latest “no-fluff” insight and analysis of the energy industry.

Related Content

energy-transition
Energy Transition
ByKevin Kang

The anticipated end of a two-year reprieve on solar panel tariffs from China coincided with unexpected tariffs on other energy transition-related sectors.

brno-enverus
Operators
ByBryn Davies

Our twelve-member team embarked on the memorable Vltava Relay challenge, covering 360km in 35 hours, with 300 other competing teams.

nuclear-worker
Energy Transition
ByCarson Kearl

This past week two companies in the advanced reactor space went public. Oklo Inc. (NYSE: OKLO) and Nano Nuclear (NASDAQ: NNE) had mixed opening days, with OKLO seeing nearly a 50% price drop from open and NNE trading up well...

Enverus Press Release - Tapping Alberta’s overlooked lithium brines
Energy Transition Intelligence
ByMatthew Keillor, Editor, Enverus Intelligence

Equinor is acquiring 45% stakes in two of Standard Lithium’s direct lithium extraction (DLE) projects in the Smackover Formation in Southwest Arkansas and East Texas, less than a month after closing the book on its U.S. onshore shale operatorship.

Enverus Press Release: Beyond the horizon: US solar and storage solutions are on the rise
Power and Renewables
ByMarie Amice

Learn how Enverus Contiguous Acreage enhancement simplifies parcel discovery, making negotiations easier and projects more viable.

kid-solar-gallery
Power and Renewables
ByColton Wright

Harnessing Sunlight and Soil As the early morning light filters through the countryside, you find yourself on a quiet rural road. You’re sipping coffee and humming your favorite tune. You’re on your way to see loved ones, explore a national...

emissions-wind-women-working
Power and Renewables
ByBryan DiRenzo

In the United States, the anticipated load growth and the retirement of aging plants to meet state mandates are creating a compelling narrative for the expansion of battery storage infrastructure.

Enverus Press Release - Load impact imminent: Data center growth at the mercy of power supply constraints
Energy Transition
ByJeffery Jen

On March 25, 2024, the EPA released its final rulemaking on the update to 40 CFR Part 60 implementing its New Source Performance Standards for New, Modified and Reconstructed Fossil Fuel-Fired Electricity Generating Units.

accurate-grid-forecastin
Energy Transition Intelligence
ByMatthew Keillor, Editor, Enverus Intelligence

In March 2021, the Biden administration set a goal of deploying 30 GW of offshore wind capacity in the U.S. by 2030. These efforts have faced significant growing pains.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Sign up for our Blog

Register Today

Sign Up

Power Your Insights

Connect with an Expert

Access Product Tour

Speak to an Expert