Transform Software and Services
Analytics software for oil and gas reservoir modeling.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Transform Software & Services, Inc. develops analytics, modeling, and visualization software for the oil and gas industry. Founded in 2004 by Dean Witte and Murray Roth, the company pioneered an analytics-based approach to interpreting and quantifying oil and gas reservoirs, with a focus on unconventional resources. Its primary offering, the Transform software suite, integrates geophysical, geological, and engineering data into a single platform, enabling technical teams at energy production companies to optimize drilling and production activities.
In June 2013, Transform was acquired by Drillinginfo Inc., which later rebranded as Enverus. This acquisition integrated Transform's technical and analytical tools with Drillinginfo's SaaS platform and extensive exploration and production data. As a result of the acquisition, co-founder and CEO Dean Witte became Senior Vice President of Research for Drillinginfo and CEO of the Transform division, while co-founder and President Murray Roth was named Vice President of Worldwide Consulting. The company's technology is considered a significant advancement, particularly for the challenges presented by unconventional oil and gas plays. It serves major global energy companies by providing tools to model the subsurface and design wells for optimal capital efficiency and drilling outcomes.
Keywords: oil and gas software, reservoir characterization, subsurface modeling, geological interpretation, geophysical analytics, production optimization, drilling optimization, E&P software, unconventional resources, energy analytics, seismic analysis, well planning, petrophysics, reservoir engineering, data integration, Enverus, Drillinginfo, energy technology, oil exploration, resource quantification