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INDUSTRY NEWS Energy Software and Insights Firm Drillinginfo


Becomes Enverus and Commemorates 20 Years Enverus, formerly known as Drillinginfo, is celebrating its recent revenue growth and successful acquisitions with its new brand, which better reflects the company’s identity as the leading energy SaaS platform and analytics company.


across the energy industry, including upstream, minerals, oilfield services, financial services, midstream, refining, power and industrial segments. The new name coincides with the company surpassing $300 million (£240,930,000) in Annual Recurring Revenue (ARR).


The company, which started business in 1999, employs cutting- edge technology to provide its customers with data, information and actionable insights, helping to make critical business decisions that drive the future of the energy sector.


Enverus’ solutions cover oil and gas analytics, trading and risk, and business automation for customers


It’s the leading and largest SaaS platform in energy, with solutions for commodity traders and risk managers, which provide the timely and specialised data and insights needed to get ahead, and the information and flexibility to validate opinions and size the opportunities found.


Enverus, which has UK offices located in London and Stonehouse, provides its cloud-based platform to deliver bespoke data packages to users. The company’s products are


split into three segments: Enverus Drillinginfo which provides data to the upstream oil and gas sector, Enverus Business Automation to drive customers’ operational efficiency and Enverus Trading & Risk, providing access to advanced market data and analytics.


“This business was started by ‘oilpatch kids’ in 1999 when the industry was on the cusp of both a massive digital revolution and a once-in-a-lifetime disruption from unconventional oil and gas. Over time, that team built a recognisable and iconic organisation throughout the upstream oil and gas businesses. Together we achieved unprecedented energy production in the U.S. and across the globe,” said Co-Founder and visionary Allen Gilmer.


ODE Appointed Installation Operator for


Tolmount Platform ODE Asset Management (ODE AM), a wholly owned subsidiary of the international engineering and operations support services contractor ODE Group Limited, has been appointed as Installation Operator (Duty Holder) of the Tolmount Platform, a Normally Unattended Installation (NUI).


The Tolmount platform and associated gas export pipeline comprise the Humber Gathering System, which is owned by Humber Gathering System Limited (HGSL), a Kellas Midstream company, and Dana Petroleum. The Humber Gathering System will initially deliver gas from the Tolmount field, owned by Premier Oil and Dana Petroleum, to the Easington onshore gas terminal. The Tolmount platform


is now in construction, with first gas planned for the fourth quarter of 2020.


As Installation Operator, ODE AM will be responsible for the safe operation of the platform and will provide operations, maintenance and integrity support services. Working closely with the Tolmount project team, ODE AM is currently providing operational input throughout the project execution phase and has full responsibility for operational readiness.


ODE AM Managing Director Paul Chilvers said: “This contract recognises ODE AM’s experience and expertise in operations support in the Southern North Sea (SNS) and builds on our long history of supporting gas assets in the region. It also demonstrates that ODE AM’s new offering and approach to installation operatorship, focused on efficiency


14 www.sosmagazine.biz November 2019


and bespoke integration with clients, challenges the market norm as the North Sea matures and recognises the need to address the industry’s cost challenges.”


“We are very pleased to be taking on the role of installation operator for the Tolmount platform. This appointment further strengthens our growth strategy which, aligned with our recent office opening in Aberdeen, provides the basis for ODE AM to take on further installation operator contracts.”


Alan Murray, HGSL’s Operations & Projects Director commented: “ODE AM is an experienced name in the SNS and is bringing its experience to bear in a positive manner on the Tolmount project. This is an exciting new development and we look forward to ODE AM playing its part in the future success of the venture.”


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