By Tyler Losier, Energy Reporter, Oil & Gas 360 Genscape will become a part of Verisk subsidiary Wood Mackenzie Verisk (stock ticker: VRSK), a data analytics provider headquartered in New Jersey, has signed a definitive agreement to acquire Genscape, a provider of real-time data for commodity markets, from Daily Mail and General Trust (DMGT) for $364 million in cash. As
By Tyler Losier, Energy Reporter, Oil & Gas 360 ExxonMobil partners with Mosaic Materials in order to pursue carbon capture technology ExxonMobil (stock ticker: XOM), an international oil and gas supermajor, has partnered with Mosaic Materials, a chemicals and engineering company, in order to explore and advance technology that can be used to remove carbon dioxide from emissions sources. The
By Tyler Losier, Energy Reporter, Oil & Gas 360 Drillinginfo changes corporate name to Enverus Drillinginfo, an energy SaaS and data analytics company, is officially changing its corporate name to Enverus, marking both the company’s 20th anniversary and its achievement of surpassing $300 million in annual recurring revenue. According to an Enverus press release, the new name is comprised of
BP recently created BP Launchpad as a business incubator From the Houston Chronicle BP is getting into the startup business launching its own well technology business, called Lytt, with [other tech startups] on the way. BP developed the acoustic, fiber-optics technology a couple of years ago to help identify sand interference in its offshore wells and the British energy supermajor
Permian completion almost doubles 2016 record Montney completion Stage Completions USA is demonstrating how to maximize completions for operators in the Permian Basin. [contextly_sidebar id=”PZkAJzfhcomeowHVjsa8cyyFndZ9wgvG”] Stage said that it achieved a record-setting 142-stage completion with its 5.5” Bowhead II Sliding Sleeve System at a Permian well. The 142-stage frac was completed in 4.3 days. Here’s what the technology
Data Gumbo Secures $6M in Series A Funding from Venture Arms of Leading International Oil & Gas Companies
