Drilling Info Announces $165 Million Investment Led by Insight Venture Partners
Summary
The partnership with Insight, a New York growth equity and venture capital firm, will enable Drilling Info to speed the creation and delivery of new products and features that provide better value to its members in the upstream oil and gas industry, as well as other sectors that service and invest in the energy business. Drilling Info serves a wide spectrum of the oil and gas industry, ranging from the largest global enterprises to independent drillers, service providers and investors. The companys Drillinginfo tools provide the most recent research and information, such as land title, leases, well completion and well production data, that allow customers to make well-informed decisions and maximize returns on investment. "As the United States continues on a path toward energy independence through both conservation and exploration, Drilling Infos data intelligence tools become even more essential for the oil and gas industries. Drilling Info accelerates workflows and business critical decision processes for the oil and gas industry resulting in faster, smarter, safer exploration and production of global resources with our comprehensive array of information, intelligence and analysis platforms.
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