The deal includes the Frac Interference Exchange, Well Data Exchange, Production Data Exchange, and AquaTrade. These platforms serve nearly 800 participants, including 95% of Fortune 500 energy companies, by facilitating the movement of critical data across major U.S. basins. Previously, Enverus focused on commercial workflows through its EnergyLink and OpenInvoice networks, which manage over $500 billion in annual transaction activity. Integrating PDS assets allows the company to bridge the gap between field-level logistics—such as frac hit risk mitigation and water disposal—and back-office accounting.
Enverus Acquires PDS Energy Assets to Consolidate Industry Data Flows
Eighty percent of U.S. drilling and completion data now falls under the Enverus umbrella following the company’s acquisition of four major PDS Energy Information platforms. By absorbing these exchange networks, the Austin-based firm aims to link operational field events directly to the commercial workflows that account for them.
Manuj Nikhanj, CEO of Enverus, described the move as a natural evolution that connects operational events with the financial systems that settle them. Barry Barksdale, founder of PDS Energy Information, noted that the merger combines 30 years of his firm’s infrastructure with the scale of the largest operating network in the energy sector. While financial terms remain undisclosed, the acquired services are already live, with plans to integrate them into the broader Enverus platform, including the Enverus ONE ecosystem, in the coming months.
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