Enverus solves diverse business challenges with Fusion Connect data integration

Combining your own data with Enverus’ data enables intelligent connections to discover unprecedented opportunities and insights

AUSTIN, TX (September 13, 2022) — Enverus, the most trusted dedicated energy SaaS company, has announced Fusion Connect. This provides customers with a new way to integrate their own proprietary data with his Enverus data within his PRISM, Enverus’ prominent energy decision-making. platform. For early adopters, breakthroughs are already saving time and resources and improving interdisciplinary collaboration. can be achieved. This is a very important development in today’s rapidly changing energy ecosystem.

The challenges Fusion Connect overcomes are most evident among oil and gas operators who need highly accurate data to guide capital-intensive, time-sensitive decisions and mitigate risk. These customers often have their own proprietary data such as internal estimated ultimate recovery rates (EUR), well landing intervals, effective returns or expiry schedules for land that differ from available public data or curated third-party analyses. It holds unique proprietary data based on internal calculations. These datasets should be compared to unbiased third-party data to validate findings and identify outliers and data gaps.

Unfortunately, fusing vendor analytics with proprietary data can be time consuming, labor intensive, and costly, preventing detailed workflows from contributing to high-level workflows and vice versa. This means teams spend valuable time on data integration activities instead of focusing on finding answers that drive business outcomes. until now.

Colin Westmoreland, Chief Innovation Officer at Enverus, said: “For years, the oil and gas industry has struggled to bridge the gap between data and value creation. , creating silos within the customer organization, where assets are poorly valued, peer benchmarks are ineffective, and asset design changes are suboptimal or, worse, not identified at all. Fusion Connect solves all of that and benefits the entire organization, including supply chain, operations, investors, land management, etc. The possibilities with Fusion Connect are endless.”

Fusion Connect enables businesses to quickly and easily integrate their own data directly into PRISM, unlocking new levels of value that other providers cannot offer. — Access to Enverus data built on 20 years of market intelligence and machine learning. A platform designed for cross-team collaboration with the latest insights. Rapid knowledge sharing and accurate insight between analyst, asset, geology, and engineering teams improves the asset lifecycle, from more accurate assessments and optimal well design to monitoring and development strategies. Encourage better business decisions across the board.