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Combining proprietary and Enverse data enables intelligent communications to uncover opportunities and insights never seen before.
AUSTIN, Texas (September 13, 2022) — Enverus, the leading power-dedicated SaaS company, has announced Fusion Connect to customers, offering a new way for customers to integrate their proprietary data with Enverus data in PRISM. platform. For early adopters, the discovery is already saving time, resources, and improving multidisciplinary collaboration. These intelligent connections enable companies to act faster and deliver extraordinary results and value that were previously impossible – an extremely important development in today’s rapidly changing energy ecosystem.
The challenge Fusion Connect overcomes is immediately apparent among oil and gas operators who need highly accurate data to guide capital-intensive and time-consuming decisions and avoid risk. These clients often hold unique proprietary information, such as internally estimated Ultimate Recovery (EUR), well landing intervals, working requirements or land completion schedules from public data or from qualified third-party analyses. These datasets should be compared to unbiased third-party data to confirm findings or identify outliers or data gaps.
Unfortunately, blending vendor analytics and proprietary data is time-consuming, difficult, and costly, preventing detailed workflows from contributing to broader workflows and vice versa. And that means teams spend valuable time on data integration activities instead of focusing on finding answers to drive business results. until now.
“The struggle to make data available and turn it into useful insights is what we call the data disconnect,” said Colin Westmoreland, chief innovation officer at Enverus. “For years, the oil and gas industry has struggled to close the gap between data and value creation. Not only is data integration currently slow, it’s not built for cross-team collaboration, which creates silos within client organizations. Assets are not properly evaluated, peer comparisons are ineffective, and asset design Changes aren’t good or—worse—they’re never recognized. Fusion Connect solves all that and benefits the entire organization, including supply chain, operations, investors, land management, and more. 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 that no other vendor can offer. – Access to Inverse data built on 20 years of market intelligence and machine learning with the most up-to-date insights designed for cross-team collaboration. Rapid knowledge sharing across analyst, property, geology and engineering teams and accurate insights drive better business decisions throughout the asset lifecycle, from accurate appraisals and optimal well designs to monitoring and development strategy.
The announcement comes as Enverus highlights its commitment to intelligent communications, which brings together analytics, people, experience and industry scope to connect the right data and information in the right way to uncover unprecedented insights and opportunities, deliver faster action and extraordinary results.
Learn more about Fusion Connect at Enverus.com/solutions/energy-analytics/ep/prism/fusion.
About Everest
Enverus is the most trusted, energy-dedicated SaaS platform, providing real-time analytics, insights and benchmarking cost and revenue data from our partners 98% of US energy producers and over 35,000 suppliers. Our platform, intelligently connected, drives more efficient production and distribution, capital allocation, renewable energy development, investment and sourcing, and experienced industry experts support our clients with thought leadership, consulting and technology innovation. With more than 6,000 customers in 50 countries, we provide information across the energy ecosystem: renewables, oil and gas, financial institutions, and power and utilities. Learn more at Enverus.com
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HB Legacy Media | 303.396.5996
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