$185B
in spend
Why Oildex - Enverus Business Automation?
Imagine a world without paper or manual processes
Every year, the US oil & gas industry spends over $5 billion processing paper documents, representing 2.9% of the cost of a barrel of oil. Paper is still everywhere in an industry that processes 144 million invoices, 60 million royalty check stubs and 240 million payment transactions flowing between thousands of operators, tens of thousands of suppliers and millions of royalty rights owners.
At Enverus Business Automation, our mission is to eliminate all the paper, manual processing and data entry from the oil & gas industry so companies of all types can reduce costs and increase efficiency. We’ve had great success so far, having seen some of our operators achieve nearly 100% electronic invoices. But we’ve really just begun. Our most recent initiative targets another pervasive paper document in oil and gas, the ubiquitous field ticket. We are privately held and backed by Accel-KKR. Our headquarters are in Austin, Texas, and we have offices in Houston, Denver, and Calgary.
The Enverus Business Automation Network
Enverus Business Automation is transforming the way oil and gas companies manage their financial operations. Over 1,100 operators, 85,000+ suppliers, dozens of financial institutions, and millions of mineral rights owners use the Enverus Business Automation Network to seamlessly and securely collaborate across their financial supply chains, automate key business processes, eliminate the high cost and errors of paper, and obtain access to key data to make more informed business decisions.
Enverus Business Automation by the Numbers
161M
lines of
check stub data
19.3M
invoices
per year
1.3M
owner to
operator
connections
$46M
early pay
discounts
85,221
registered
suppliers
$11,974
in price books
1100+
oil & gas
customers
10/10
top oil & gas
companies
Featured Partners
Our partners deliver complementary solutions and enable us to extend the functional footprint of solutions.
OGsys
OGsys provides user-friendly, intuitive oil & gas accounting software. OGsys has been a pioneer in the industry for over 30 years - providing vision, guidance, and support by delivering new product innovation, education and ongoing communication.
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Amalto
Amalto Technologies provides innovative software solutions enabling B2B integration and electronic document exchange amongst the oil & gas, environmental and industrial services markets.
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P2 Energy Solutions
P2 provides a range of upstream oil & gas software including accounting, geospatial data, land management, production operations, and reserves management solutions.
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W Energy Software
W Energy Software offers the oil & gas industry’s only unified ERP solution built for the cloud, that is relied on by more than 100 upstream and midstream companies to accelerate business performance, improve operational efficiency, and drive costs down.
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Act Global Consulting
Act Global Consulting specializes in Supply Chain Optimization, eCommerce, EPC Integration, ETRM, and Management Consulting.
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Concerta
Concerta provides integrated Document Management Systems with energy company technical systems including: PRISM, CS Explorer, AFE Navigator, and Qbyte to name a few. This allows customers to view all the documents related to record in their Line of Business System.
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Unit 3 Tech LLC
Unit 3 Tech works with oil & gas exploration and production companies to help them understand their technical problems and assists them in finding the right solution. Through their three-pronged approach and wide range of services from IT security consulting to custom software development, Unit 3 Tech can develop a technical solution tailored to the needs of the business.
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EAG 1Source
EAG 1Source provides companies with the freedom to focus on operations, growth and value creation by expertly handling their Accounting, Production Reporting, Land Administration and Information Technology needs. With 15 years of proven experience and deep E&P industry expertise, EAG 1Source has the right team to handle back office and IT needs through every stage of a company’s lifecycle.
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WolfePak
WolfePak Software offers a fully integrated suite of software products for oil and gas upstream and midstream customers, including exploration and production well operators, first purchasers, transporters, haulers, investors, CPA firms and service companies. WolfePak streamlines back-office operations with its fully integrated accounting and reporting software and increases visibility in the field with its e-ticketing offering.
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Avatar Systems
Avatar is an industry leader in innovative oil and gas accounting, land, production, and document imaging. Avatar was the first solutions provider to launch its products into the cloud and continually moves forward to streamline operations for the modern oil and gas industry.
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Quorum Software
Quorum Software offers an industry-leading, and proven portfolio of field, finance, operations and accounting solutions that empower our customers to streamline operations and drive growth and profitability across the energy value chain. From super majors to startups, from the wellhead to the city gate, energy businesses rely on Quorum. Designed for digital transformation, the myQuorum software platform delivers open standards, mobile-first design and cloud technologies to drive innovation. Our proven solution enables visionary leaders to transform their companies into modern energy workplaces.
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The Enverus culture is one that respects each employee and recognizes individual contributions. Diversity is an asset. Enverus employees are motivated, innovative, and thrive in a team-oriented work environment. Our offices are located in the energy centers of Denver, Colorado, Austin and Houston, Texas and Calgary, Alberta.
We’re Hiring!
Visit our Career page for a list of open positions.
