2024 races to a record start with $51B in upstream M&A

Enverus Intelligence Research Press Release - 2024 races to a record start with $51B in upstream M&A

Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted generative AI and energy-dedicated SaaS company, is releasing its summary of 1Q24 upstream M&A activity. Following last year’s blockbuster $192 billion in U.S. upstream consolidation, 1Q24 would be on track to surpass that record with $51 billion in announced deals. However, EIR is pumping the brakes on another record-setting year as deal activity has slowed significantly in March and Q2 appears to have already lost momentum.

EIR’s Andy McConn testifies before Congress on navigating Gulf of Mexico’s offshore challenges

Enverus Media Advisory-Press Release - EIR’s Andy McConn testifies before Congress on navigating Gulf of Mexico’s offshore challenges

Enverus, the leading generative AI and energy-dedicated SaaS company, announced today that Andy McConn, director and head of Commercial Intelligence at Enverus Intelligence Research (EIR), will testify before the U.S. House of Representatives Natural Resources Subcommittee on Energy and Mineral Resources at 9:00 a.m. ET Thursday, April 18, 2024. The oversight hearing, titled “Assessing Solutions to Secure America’s Offshore Energy Future,” will take place in Longworth House Office Building 1324.

Defying peak oil predictions

Enverus News Release - Defying peak oil predictions

Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted generative AI and energy-dedicated SaaS company, has released a new report highlighting the organization’s view that it does not expect global oil demand to peak or plateau by the end of the decade.

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