News Release

Drillinginfo Announces Name Change to Enverus

byEnverus

Austin, TX (August 22, 2019) – Drillinginfo, the leading energy SaaS and data analytics company, announced today that it has changed its corporate name to Enverus. Marking both the company’s 20th anniversary and surpassing $300 million in Annual Recurring Revenue (ARR), the new name and brand better reflects the company’s identity as a leading data, analytics, and efficiency partner across the energy sector.

“Our company’s purpose is to create the future of the energy industry together in collaboration with our customers and partners. This is a larger mission than we began with and represents our evolution to becoming Enverus,” said Allen Gilmer, co-founder and visionary of the company. “I am so proud of our tremendous growth over the past two decades. We’ve never been better positioned to partner with our customers across the energy spectrum to help define its future. Now more than ever, we can deliver the most cutting-edge innovations to serve and fuel our industry’s leading innovators.”

“This business was started by ‘oilpatch kids’ in 1999 when the industry was on the cusp of both a massive digital revolution and a once-in-a-lifetime disruption from unconventional oil and gas. Over time, that team built a recognizable and iconic organization throughout the upstream oil and gas businesses. Together we achieved unprecedented energy production in the U.S. and across the globe. From the beginning, we have fueled ourselves by the power of our phenomenal people, and those people are now building the most important, integrated problem-solving platform across the world’s largest, most significant, and impactful industry ever – energy,” Gilmer said.

During the last three years, the company has grown tremendously through product innovation, market expansion, and acquisitions. Enverus will now be comprised of three business units – Enverus Drillinginfo, Enverus Trading & Risk, and Enverus Business Automation – all of which are highly complementary to one another and together create value for customers that could never be achieved otherwise.

Jeff Hughes, CEO and President, added to Gilmer’s remarks noting that, “The vision was always to build a company that created uniquely valuable data through active connections between businesses in the energy industry. We now operate the largest such system of active networks that has ever existed, and it is growing rapidly. The data analytics that result from this historically unique graph of energy industry participants are unprecedented, and it will create value for our customers that could never be provided any other way. This is an example of how our capabilities have expanded so much since our founding and we came to believe that our name no longer reflected our reach, so it was time to modernize the brand.”

The name Enverus is comprised of three elements that when combined, reflect the company’s past, present, future, and overall philosophy. EN: the energy industry; VER: clarity and truth; and US: partnership, collaboration, people, and humanity.

Jeff Hughes concluded by saying, “Energy is the largest industry in the world with unique regulatory, geopolitical, technological, demographic, and environmental complexities. Enverus will continue leading the industry in tackling these complexities with offerings that include irreplaceable efficiency tools and analytics that enable better, faster decisions. More powerfully, each of these capabilities connect our customers in ways which create value like no other business in the world.”

Picture of Enverus

Enverus

Energy’s most trusted SaaS platform — creating intelligent connections that uncover insights and opportunities to deliver extraordinary outcomes.

Related News

Pinpointing the resilient few in a post-OBBBA era
News Release
ByEnverus

Enverus Intelligence® Research (EIR) has released an evaluation on which renewable asset owners have the most resilient queued portfolios across the Lower 48 following the signing of the One, Big, Beautiful Bill Act.

Clean fuels a mixed bag on OBBBA’s winners and losers list
News Release
ByEnverus

Enverus Intelligence® Research (EIR), has released a report examining how revisions to the 45Z and 45V production tax credits (PTC) under the One Big Beautiful Bill Act (OBBBA) could affect clean fuel production projects.

70+ GW of retired coal capacity holds key to fast-track clean power
News Release
ByEnverus

Enverus Intelligence® Research (EIR)) has released a report on repowering retired coal plants in order to accelerate clean, dispatchable capacity deployment.

Summer builds cool bullish thoughts
News Release
ByEnverus

Enverus Intelligence® Research (EIR) has released its latest Fundamental Edge report.

Blackstone announces agreement to acquire Enverus
News Release
ByEnverus

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.

Making enhanced oil recovery great again: OBBA 45Q tax credit shift cuts E&P costs by 40%
News Release
ByEnverus

Enverus Intelligence® Research (EIR) has released a report accessing how the One Big Beautiful Bill Act (OBBA) impacts the the equalization of 45Q tax credits, especially as it enhances the economics of carbon dioxide enhanced oil recovery (CO₂-EOR.)

Enverus Intelligence Research is releasing its summary of 2Q2025 upstream M&A activity and outlook for the rest of the year.
News Release
ByEnverus

Calgary, Alberta (July 23, 2025) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 2Q2025 upstream M&A activity and outlook for the...

How the One Big Beautiful Bill Act could change clean energy tax credit economics
News Release
ByEnverus

Enverus Intelligence® Research (EIR) has released a new report on how changes to clean energy tax credits under the One Big Beautiful Bill Act could reshape project economics and create new opportunities for revenue optimization.

Sunburned & winded: Only 30% of U.S. solar and 57% wind projects expected to survive under one, Big, Beautiful Bill Act
News Release
ByEnverus

CALGARY, Alberta (July 15, 2025) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages Generative AI across its solutions, has released a new report accessing the impact of the One Big Beautiful...

Find Out How Enverus Can Help Your Business

Subscribe to the Energy Blog

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

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.

Get Started

Sign up for our Blog

Register Today

Sign Up

Power Your Insights

Connect with an Expert

Access Product Tour

Speak to an Expert