Crashing Oil Prices and Equity Market Volatility Grind Energy Deals to a Halt
Austin, Texas (April 2, 2020) – Enverus, the leading oil & gas SaaS and data analytics company, has released its Q1 summary of M&A activity, which revealed a substantial collapse as oil prices plunged to 18-year lows. Only $770 million in U.S. upstream deals were completed during the first quarter of 2020—less than one-tenth of […]
Enverus Helps Steer Energy Companies Enduring Market Challenges
March 19, 2020, Austin, TX – Enverus announces the launch of timely insights to help energy investors and operators address current, tumultuous market conditions. With a combined 40 years of data and energy insight, the Enverus and RS Energy Group (RSEG) analyst teams have dedicated a publicly-available source for data science-backed research and market education […]
Enverus Signals Marcellus & Utica Natural Gas Dilemma as Microcosm of U.S.
Austin, TX (March 10, 2020) – Enverus, the leading oil & gas SaaS and data analytics company, released its latest FundamentalEdge report, Marcellus Natural Gas Flows, which is focused on natural gas production and pipeline flow patterns in the Marcellus and Utica formations in the Northeast, MidAtlantic, and Midwestern regions of the U.S. Utilizing OptiFlo […]
As the World Watches the Permian, Enverus Brings the Rockies & Bakken In Focus
Austin, TX (February 19, 2020) – Enverus, the leading oil & gas SaaS and data analytics company, has released its latest FundamentalEdge report focused on oil, gas and natural gas liquids production, pipelines, and prices in the Rockies and the Bakken. This report, Rockies & Bakken in Focus, reviews upstream and midstream activity in these […]
Enverus and RS Energy Group Combine Forces
Austin, TX (February 12, 2020) – Enverus, a leading energy SaaS and data analytics company, announces today that it has acquired RS Energy Group (RSEG), an innovative technology firm focused in the upstream oil & gas industry. The acquisition combines the companies’ complementary strengths to accelerate technology, machine learning and advanced analytics across the energy […]
Leading, Austin-based Energy SaaS Provider Promotes Two Key Executives
Austin, TX (January 30, 2020) – Enverus, the energy industry’s leading SaaS and data analytics company, has announced two key executive promotions at its Austin headquarters. Tanya Andrien has been promoted to Chief Operating Officer (COO). For the past three years, Andrien has aided in the company’s notable growth spirt overseeing 16 of Enverus’ acquisitions and […]
Enverus and Concho Resources Develop Solution to Reduce Erroneous Overbilling
Austin, Texas and Midland, Texas (January 21, 2020) – Enverus, the leading energy SaaS and data analytics company, and Concho Resources (NYSE: CXO) today announced they will bring to market a new product, Audit Analytics, which enables energy companies to reduce costs by identifying erroneous overbilling in high volume shale operations. Audit Analytics builds on […]
As Oversupply Bears Down on Markets, U.S. Producers and OPEC+ Pump the Brakes on Production
Austin, TX (January 15, 2020) – Enverus, the leading oil & gas SaaS and data analytics company, has released its latest FundamentalEdge report, Pumping the Brakes. This market outlook service presents Enverus’ current view of crude oil, natural gas, and NGL fundamentals and where they are headed over the next five years.
U.S. Oil & Gas M&A Poised for Recovery after Challenging 2019
Austin, Texas (January 2, 2020) – Enverus, the leading oil & gas SaaS and data analytics company, has released its summary of 2019 deal activity and its outlook for 2020. Enverus tracked $96 billion of U.S. oil & gas M&A in 2019, including $11 billion in Q4. However, the annual total was substantially skewed by […]
Despite 10+ Years of Rapid Growth, US Natural Gas Production Expected to Slow in 2020
Austin, TX (December 11, 2019) – Enverus, the leading energy SaaS and data analytics company, has released its latest FundamentalEdge report which points to an anticipated slowdown in natural gas production in the U.S. next year. The report also includes early 2020 guidance and a map highlighting where producers are most likely to find breakeven […]