Find and Evaluate Potential Deals Faster
To uncover new potential deals, the company uses a combination of Enverus insights including production forecasts, titles, permits, rig locations, frac crew activity and satellite insights that show new road and pad construction. Importing Enverus insights into their internal proprietary solution, they can quickly and easily value potential opportunities and validate their own assumptions against Enverus data.
Scott Rice, Chief Operating Officer at REG, said, “We’ve used Enverus analytics and intelligence for 15 years. Without
Enverus, we couldn’t get the information we need fast enough to stay on top of the market. We also couldn’t value deals as accurately or as quickly. The research and development Enverus does – where your researchers are constantly creating and updating new data feeds – allows firms like ours to scale.”
Streamline the JIB Accounting Process
REG also access their JIB invoices through EnergyLink, a cloud-based solution that automates joint venture and owner relations business processes. EnergyLink saves REG’s accounting team significant time by having its JIB data accessible online.
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