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.

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 Analytics Energy Transition
ByAndrew Gillick

In case you missed it, Enverus virtually hosted EVOLVE, our flagship conference, May 16-17. The event included two full days of presentations, panels and keynotes, distilling the most relevant data and thoughts on the industry today.  Below Andrew Gillick, managing director...

Energy Analytics Other
ByShane Reddell

In the current landscape of heightened environmental and social consciousness, upstream oil and gas companies face significant challenges in achieving favorable refinancing for their existing credit facilities. These challenges are compounded by the recent volatility in the debt markets and...

Energy Analytics Intelligence Publications
ByMaurice Smith

Wildfires that have already scorched more than double the average annual fire destruction across Alberta forced the shut-in of more than 300,000 boe/d while threatening future shuttering of output from the so-far largely unaffected oil sands region. Record temperatures saw...

Energy Analytics Energy Transition
ByHeather Leahey

CO2 containment risk has become one of the most popular topics among our clients evaluating CCUS projects. Operators need to understand and evaluate subsurface features that could trigger CO2 migration and containment losses as well as introduce additional safety, reputational...

Energy Analytics Energy Transition
ByRyan Luther

Anyone who thinks spending time at a public charging station is a blocker to buying an electric vehicle (EV) might want to consider the numbers behind EV and internal combustion engine (ICE) vehicle refueling times. The answer is that it...

Enverus Blog - 6 tax preparation tips for mineral and royalty managers
Energy Analytics
BySilas Martin

Recent years have been a roller coaster for mineral buyers, from record low commodity prices to highs for oil and natural gas in the last year. Going forward, challenges and opportunities will be plentiful. We expect oil prices between $80...

Power and Renewables
ByKenneth Curtis

It’s that time of year when generator and transmission outages are at their peak in PJM. The first half of April has not disappointed volatility-wise as the WHUB/NIHUB spread has set new 30-day highs largely driven by congestion. Figure 1:...

Enverus Blog - April's energy outlook: Analyst insights you can't miss
Analyst Takes Energy Analytics
ByChris Griggs

May marks a new month, and it’s essential to assess the energy landscape of April. Our Enverus Intelligence® | Research (EIR) team has scrutinized critical trends and advancements, delivering to you insightful analyst takes that can shape your business decisions....

Energy Analytics
ByCayley Krynowsky

Inventory is king in 2023. Operators and investors alike are more concerned than ever about remaining inventory – who has it, where is it, and will it be economic? To answer these questions, most turn to the tried-and-true, but also...

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

Access Product Tour

Speak to an Expert

Book a Demo