News Release Newsroom

Enverus Solves Diverse Business Challenges With Fusion Connect Data Integration

byEnverus

Combining proprietary and Enverus data enables intelligent connections for the discovery of previously unseen opportunities and insights

Austin, Texas (September 13, 2022) — Enverus, the most trusted energy-dedicated SaaS company, has unveiled Fusion Connect, providing customers a new way to integrate their own proprietary data with Enverus data inside PRISM, Enverus’ hallmark energy decision-making platform. For early adopters, the breakthrough is already saving time, resources and improving multi-disciplinary collaboration. These intelligent connections enable companies to act fast and deliver extraordinary outcomes and value that were not previously possible — an incredibly important development in today’s rapidly changing energy ecosystem.

The challenge that Fusion Connect overcomes is most immediately evident among oil and gas operators owing to their need for highly precise data to guide and de-risk capital-intensive and time-sensitive decisions. These customers often hold unique, proprietary data, based on their own internal calculations, such as internal Estimated Ultimate Recovery (EUR), well landing intervals, working interests or land expiration schedules which vary from available public data or curated third-party analytics. These data sets need to be compared to unbiased third-party data to verify findings or to identify outliers or data gaps.

Unfortunately, blending vendor analytics and proprietary data is time consuming, onerous and costly, preventing detailed workflows from contributing to high level workflows and vice versa. And that means teams spend valuable time on data integration activities rather than focusing on finding answers to drive business outcomes. Until now.

“The struggle to make data available and turn it into valuable insights is what we refer to as an information disconnect,” said Colin Westmoreland, chief innovation officer at Enverus. “For years, the oil and gas industry has struggled with closing that gap between data and value creation. Not only is data integration currently slow, it’s not built for cross-team collaboration either, creating silos within the customer organization. Assets are then not valued correctly, peer benchmarking is ineffective and asset design changes aren’t optimal or — even worse — never identified at all. Fusion Connect solves all of that and will benefit an entire organization including supply chain, operations, investors, land management and beyond. The possibilities with Fusion Connect are endless.”

Fusion Connect allows companies to quickly and easily integrate their proprietary data directly into PRISM, unlocking a new level of value no other provider can offer access to Enverus data built upon 20 years of market intelligence and machine learning in a platform designed for cross-team collaboration with the most current insights. Faster knowledge sharing across analyst, asset, geology and engineering teams and precise insights drive better business decisions across the entire asset lifecycle, from more accurate evaluations and optimal well designs to monitoring and development strategy.

The announcement arrives as Enverus emphasizes its commitment to intelligent connections which bring together the analytics, people, experience and industry scope to connect the right data and information in the right way to discover previously unseen insights and opportunities, act fast and deliver extraordinary outcomes.

Learn more about Fusion Connect at Enverus.com/solutions/energy-analytics/ep/prism/fusion.

About Enverus
Enverus is the most trusted, energy-dedicated SaaS platform, offering real-time access to analytics, insights and benchmark cost and revenue data sourced from our partnerships to 98% of U.S. energy producers, and more than 35,000 suppliers. Our platform, with intelligent connections, drives more efficient production and distribution, capital allocation, renewable energy development, investment and sourcing, and our experienced industry experts support our customers through thought leadership, consulting and technology innovations. We provide intelligence across the energy ecosystem: renewables, oil and gas, financial institutions, and power and utilities, with more than 6,000 customers in 50 countries. Learn more at Enverus.com

Media Contact:
H.B. Legacy Media | 303.396.5996

Enverus

Enverus

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

Related News

Enverus Press Release - $100/bbl Brent by 4Q23 will cause ouching for short sellers
News Release Newsroom
ByEnverus

CALGARY, Alberta (June 6, 2023) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released its latest Macro Forecaster, a report developed for the financial services industry, and focused on the outlook for...

Enverus Press Release - Enverus selected for NET Power’s commercial initiative
News Release Newsroom
ByEnverus

AUSTIN, Texas (May 31, 2023) — Enverus, a leading energy-dedicated SaaS platform, is pleased to announce that clean energy technology company NET Power has selected it as its trusted data source for its business intelligence and analytics functions. Under terms...

Enverus Press Release - Enverus releases annual Top 100 Private E&P Operators list
News Release Newsroom
ByEnverus

CALGARY, Alberta (May 24, 2023) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, has released a list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production last year. Continental Resources,...

Enverus Press Release - Recession fears weigh bullish oil fundamentals down, higher natural gas prices needed
News Release Newsroom
ByEnverus

Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released its latest quarterly FundamentalEdge report focused on global drivers for oil and gas prices to 2030, the five-year oil and gas supply and demand...

Enverus Press Release - Welcome to Enverus EVOLVE: The future of energy
News Release Newsroom
ByEnverus

Enverus, the most trusted energy-dedicated SaaS company, is inviting members of the media to EVOLVE, its annual conference that will be held virtually May 16 and 17. Enverus EVOLVE is the only conference that explores the future of energy through...

Enverus Press Release - Upstream M&A slides to $9B in 1Q23
News Release Newsroom
ByEnverus

CALGARY, Alberta (May 2, 2023) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, is releasing its summary of 1Q23 upstream merger and acquisition (M&A) activity. In Q1, U.S. upstream M&A saw $8.6 billion...

Enverus Press Release - Introducing CCUS Play Fundamentals
News Release Newsroom
ByEnverus

Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released its inaugural CCUS Play Fundamentals report evaluating the full, source-to-sink value chain of carbon capture and storage at the national, regional and projects levels.

Enverus Press Release - Electric vehicles: A call on capital
News Release Newsroom
ByEnverus

Enverus Intelligence Research (EIR), a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released a report covering electrical vehicle (EV) infrastructure, battery supply chain, demand for metals and the anticipated recycling boom that should...

Enverus_EIR_Press_Releasse_Renewables_Thumbnail
News Release Newsroom
ByEnverus

Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released a report that analyzes the impact of wind and solar project design decisions made by developers and quantifies the choices that result in the...

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.

Access Tour

Access Product Tour

Speak to an Expert

Book a Demo