Leveraging a Strategic Partnership With Enverus for Shared Success

As a small sales team, CRA was seeking ways to more effectively identify opportunities that aligned to their unique value proposition. Recognizing the significance and power of data in the oil and gas industry, CRA has been leveraging PRISM Foundations to support their sales efforts.

Blackstone Announces Agreement to Acquire Enverus

Blackstone announces agreement to acquire Enverus

Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Enverus, a premier data analytics energy intelligence platform, from Hellman & Friedman and Genstar Capital.

Drilling Mud

Drilling mud—also known as drilling fluid—is a specially formulated fluid that is circulated through the wellbore during drilling operations. It plays a critical role in the success and safety of oil and gas exploration and production.

Blowout Preventer

A Blowout Preventer (BOP) is a high-pressure safety device installed at the wellhead during oil and gas drilling operations. Its primary function is to seal the well and prevent the uncontrolled release of oil, gas or drilling fluids—known as a blowout.

Mud Motor

Enverus Intelligence Research Press Release - EIR: Density drives steepening declines in U.S. shale

The Mud Motor operates using a rotor and stator assembly. As drilling mud is pumped through the motor, it causes the rotor to turn within the stator, generating torque and rotation at the bit. This allows the bit to cut through rock even when the drill string is not rotating, which is particularly useful in directional drilling applications.

Rate of Penetration

Rate of penetration (ROP) is a key drilling performance metric in the oil and gas industry that measures the speed at which a drill bit breaks through rock to deepen a wellbore. It is typically expressed in feet per hour (ft/hr) or meters per hour (m/hr).

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