Blog Feed | Enverus

Enverus AI: Powering the next era of energy intelligence

AUSTIN, Texas (Dec. 10, 2025) — Enverus, the leading energy SaaS and analytics platform, today unveiled Enverus AI, a secure, purpose-built system that transforms AI’s vast potential into measurable results for energy workflows.

Built on a foundation of the most comprehensive energy intelligence and embedded in the daily workflows of more than 8,000 companies, Enverus AI works alongside executives and industry professionals on specific energy problems, preserving human autonomy while accelerating decision-making at unprecedented speed.

Enverus AI brings the focus required from powerful AI technology to have real bottom-line impact for energy businesses: the best technology, data security and industry expertise applied to domain-specific data, analytics, intelligence and solutions that scale your workforce’s impact 10X across wells, wires, watts, wind and every decision that matters.

Enverus AI is already enhancing customer workflows in areas like identifying acquisition targets in the Permian Basin, benchmarking drilling performance against leading operators, summarizing investor priorities from earnings calls, extracting critical lease clauses from confusing PDF documents, or pinpointing grid-ready zones for renewable projects or data centers.

“Enverus AI goes beyond analyzing data—it understands the business of energy,” said Manuj Nikhanj, CEO of Enverus. “It’s trained on petabytes of Enverus’ data, decades of lease terms, production data, invoices and grid behavior. That gives it the capability to be the next era of energy intelligence – an ‘energy brain’ if you will – and it’s already greatly enhancing human decisions and actions.”

“At Enverus, we’re creating a future where decision-making is powered by real-time intelligence and intuitive design. The result is a transformational leap forward. By leveraging many decades of data to create one AI operating system for energy, we’re eliminating the need to jump between systems and empowering our customers to leverage this new ability to build smarter, act faster, and define not only their future, but the future of energy through AI,” Nikhanj said.

Customers like Brian Yarbrough, head of Development at Stella Energy Solutions, extended his support noting, “What makes Enverus stand out from the dozen competitors who have approached us in the last year is the value-added analysis that turns raw data that everyone has into decision-ready information, as well as the competency Enverus shows when we reach out for help, connecting with people who are innovating their knowledge base and clearly care. I very much want to work with a team that is truly looking out for the best interests of their clients.”

Brandon Finks, VP of Strategy at DG Petro Oil & Gas, continued and remarked on Enverus’ unique ability to lead the energy industry though this next, revolutionary, AI-centered era. “It’s going to transform how we work—driving smarter, faster decisions by linking insights and execution within one intelligent system.”

Andrew McMurry, CEO of ShearFRAC, added, “I don’t think we’re using AI as just a hot topic. I think we are using it as a performance multiplier.”

Key daily workflows across the energy value chain that are critical for businesses operating across the spectrum of energy are now even faster and built on the same high-quality data and analytics Enverus clients rely on to make strategic business decisions.

Ask Enverus AI Anything:

Manage the full asset lifecycle with AI: “How can I track my asset from acquisition to development to divestiture?” Enverus AI blends proprietary and public data with predictive models to support every stage of an asset’s life. Whether evaluating an acquisition, developing an asset, or identifying the right time to sell, Enverus AI enables oil and gas operators, renewable developers, and IOUs to plan, execute, and optimize decisions within a single connected ecosystem.

Analyze complex energy documents instantly: “Which contracts or courthouse records contain risks or restrictions I should know about?” Enverus AI applies advanced document understanding across legal, land, and commercial workflows—extracting clauses, events and restrictions from lengthy contracts and courthouse records. Supply chain and land teams can interact conversationally with complex documents, quickly surface risks or obligations, and drastically reduce manual review time.

Run title faster with AI: “Does this lease or deed include any depth limitations or continuous drilling clauses?” Enverus AI accelerates title verification by analyzing leases, deeds, and historical courthouse records—transcribing handwritten text, extracting key provisions, and enabling users to ask precise questions about document contents. Land and title teams can now complete runsheet reviews in a fraction of the time, improving accuracy and consistency across projects.

Improve field safety with AI: “Alert me if any team reports unsafe site conditions.” Enverus AI monitors field data in real time to proactively flag potential safety risks, helping operators identify issues earlier and deliver actionable safety intelligence directly to field teams.

Accelerate deal screening and valuation: “Screen midstream M&A targets with high production growth and low leverage.” Enverus AI combines asset data, Enverus research, and market intelligence to simplify M&A evaluations. Investors can quickly identify, score and compare opportunities across upstream, midstream and renewables—moving from discovery to valuation in a single workflow.

In today’s rapidly evolving world, the volume and complexity of energy data continue to grow, and extracting meaningful insights has become more challenging than ever. Traditional analysis methods are time-consuming and require deep expertise, creating delays that stall momentum and impact decision-making. Enverus AI combines generative AI with exclusive, industry-specific data and analytics to deliver insights that are faster, deeper, and more actionable than ever before.

Learn More about Enverus AI

About Enverus
Enverus is the energy industry’s most trusted source for decision intelligence and operational efficiencies. With petabytes of proprietary data, deep domain expertise and AI-native technology, Enverus empowers customers to invest smarter, operate more efficiently, and scale faster — across upstream, midstream, minerals, power and renewables — all while navigating the most complex energy market in history. Learn more at stagingenverus.kinsta.cloud.

Enverus appoints Matt Johnson as president and CRO

AUSTIN, Texas (Dec. 9, 2025) Enverus, the leading energy SaaS and analytics platform, today announced the appointment of Matt Johnson as its new president and Chief Revenue Officer (CRO), effective December 8, 2025.

Johnson brings more than two decades of experience in enterprise software leadership, most recently serving as president of Mitratech, where he led the company through significant growth and executed 19 strategic acquisitions. His leadership encompassed global operations, customer success and commercial transformation, consistently driving innovation and building high-performing teams.

“This is a defining moment for Enverus,” said Manuj Nikhanj, CEO. “Matt’s leadership, vision and operational discipline make him the ideal person to guide us into our next chapter. With Blackstone’s support and Matt at the helm, we’re poised to accelerate innovation and expand our impact across the energy ecosystem—driven by our AI-first strategy.”

“I’m honored to join Enverus at such a pivotal time,” said Matt Johnson. “The company’s mission to transform energy through data, analytics, and artificial intelligence is more relevant than ever. With the backing of Blackstone and the strength of this team, I believe we have a once-in-a-generation opportunity to lead the future of energy intelligence.”

About Enverus
Enverus is the energy industry’s most trusted source for decision intelligence and operational efficiencies. With petabytes of proprietary data, deep domain expertise, and AI-native technology, Enverus empowers customers to invest smarter, operate more efficiently, and scale faster — across upstream, midstream, minerals, power, and renewables — all while navigating the most complex energy market in history. Learn more at stagingenverus.kinsta.cloud.

Enverus Press Release - Enverus Acquires BidOut, energy’s leading AI-powered procurement platform provider

The Week in Energy – Dec. 5, 2025

This week’s energy headlines spotlight upstream divestitures, Haynesville drilling partnerships, longer lateral trends, midstream acquisitions and growth outlooks from major players. Here are five stories that stood out:

Additional Stories

Also this week: Hess Midstream trims $30 million from its 2025 budget, DXP Enterprises expands water services with Pump Solutions, Mammoth Energy divests Aquawolf for $30 million, DevvStream merges with Southern Energy Renewables for a Nasdaq listing and Eni accelerates LNG exports from Congo with early FLNG startup.

To learn more, reach out to businessdevelopment@enverus.com or visit stagingenverus.kinsta.cloud.

How Enverus RFx Helps Operators Save Money: Real-Life Examples

Operators face mounting pressure to control costs and maximize efficiency. Traditional procurement methods often rely on manual processes and a limited pool of suppliers, making it difficult to keep up with market volatility and changing business needs. By digitizing the bidding process, operators gain new levels of transparency, competition and savings, helping them achieve long-term success in a dynamic marketplace.

Enverus RFx is transforming how operator E&P companies secure suppliers—and the results speak for themselves. By leveraging the platform, companies are consistently achieving 15% to 26% savings below market rates. These savings are driven by increased supplier participation, rationalized selection and greater transparency throughout the bidding process.

Before using Enverus RFx, procurement teams typically worked with a small group of familiar suppliers and had limited visibility into broader market pricing. This approach was time-consuming and often resulted in missed opportunities for savings due to a lack of competition.

Let’s explore three real-world scenarios where using RFx led to savings:

Line pipe
Saltwater disposal
Wireline

Scenario 1: Permian Line Pipe—15% Savings

An operator needed to procure line pipe for the Permian Basin.

Using Enverus RFx:

They invited 8 suppliers to participate in a competitive bidding process.
Suppliers submitted bids ranging from $573,000 to $434,000.

Outcome:

The winning bid was $434,000, compared to an average bid of $512,000.
This resulted in a 15% savings off the market price.

By increasing supplier participation and transparency, the operator secured a significantly lower price than the market average.

*The supplier directory* *from Enverus RFx helps you find the right suppliers. Using this feature, you can source suppliers according to service expertise, availability or basin footprint.*

Scenario 2: Saltwater Disposal—25% Savings

An operator sought bids for saltwater disposal services.

Using Enverus RFx:

They invited 7 suppliers to submit bids.
Bids ranged from $338,000 to $177,000.

Outcome:

The winning bid was $177,000, with an average bid of $236,000.
This delivered a 25% savings compared to market rates.

Competitive bidding through Enverus RFx enabled the operator to secure essential services at a fraction of the typical cost.

Scenario 3: Region-Specific Wireline—26% Savings

Another operator needed wireline services for a specific region.

Using Enverus RFx:

They invited 7 suppliers to participate.
Bids ranged from $925,000 to $594,000.

Outcome:

The winning bid was $594,000, with an average bid of $804,000.
This resulted in a 26% savings below market price.

The operator benefited from rationalized supplier selection and market transparency, securing substantial cost reductions.

Why Enverus RFx Works

Increased supplier participation: More suppliers mean more competitive pricing.
Market rate visibility: Operators gain a clear understanding of market rates.
Transparent selection: Rationalized supplier selection ensures the best value.
Consistent savings: Real-world examples show savings between 15% and 26%.
Enhanced bidding frequency: Digital bidding streamlines bid management, allowing more frequent events and greater savings than traditional spreadsheets.

Enverus RFx isn’t just a digital bidding tool—it’s a proven strategy for cost savings. By inviting multiple suppliers, fostering transparency, and rationalizing selection, operators are consistently beating market prices and driving value for their organizations.

If you’re ready to take your procurement strategy to the next level, now is the perfect time to evaluate how digital bidding can benefit your organization. Consider reviewing your current processes and identifying areas where increased transparency and supplier participation could drive greater savings.

Climate Commitments vs. Energy Reality: Analyzing the Canadian Energy Transition Strategy

Unlock real-time, actionable energy insights. This blog offers just a glimpse of the powerful analysis Oil & Gas Research delivers on today’s energy markets. Don’t miss the full picture. Click here to learn more.

The global energy landscape is currently navigating the competing agendas of ambitious climate goals and resilient fossil fuel demand, creating a dynamic tension that shapes policy and investment. Recent discussions, particularly around Canada’s pipeline ambitions and international climate conferences like COP30, highlight the energy policy conflict. This blog explores the current state of global climate commitments, the realities of energy demand and Canada’s unique position within this challenging environment. We will delve into the quantitative aspects of these discussions, offering a nuanced perspective on the path forward.

Shifting Climate Commitments | Canada’s Energy Transition

The journey toward global climate goals is marked by both progress and significant hurdles. The United Nations COP30 climate conference underscored the lack of legally binding paths off fossil fuels, despite agreements to more than triple allowances for emerging countries to cope with climate change issues, moving from $20 billion per year to ~$90 billion per year. The increase still falls short of calculated requirements. On a positive note, progress has been made since the Paris Agreement in 2015, with the world now on pace for 2.6 degrees warming by 2100, down from an initial 3.6 degrees. However, studies indicate that this progress has somewhat stagnated over the past four years, remaining distant from net zero or the 1.5-degree target.

Canada’s own climate commitments reflect this broader uncertainty. Under former Prime Minister Justin Trudeau’s tenure, there was a commitment to achieve net zero by 2050. Organizations including Climate Action Tracker suggest these goals are now in question because of a renewed push toward fossil fuels and pipelines, alongside a reconsideration of electric vehicle mandates. Canada currently targets a 40% reduction below 2005 level emissions by 2030, yet we are only at 8% with a cleaner electricity grid. We are likely to fall short of the goal.

Trade the facts, not the noise

Get energy fundamentals, price drivers and risk signals in your inbox bi-monthly.

Subscribe now

The Reality of Global Energy Demand

Achieving global net zero by 2050 would require a drastic transformation of energy consumption patterns. According to the International Energy Agency, oil demand would need to fall to about 70 million barrels per day from today’s 100 million by 2035 for the globe to be on track for net zero. For context, even during the height of the COVID-19 pandemic in 2Q2020, when transportation was severely curtailed, global consumption averaged around 85 million, demonstrating the immense gap that needs to be closed. Similarly, natural gas consumption would need to drop 20%-30%. This is particularly challenging to envision as the order book for gas-fired generators has doubled for the rest of the decade, suggesting a continued reliance on natural gas.

Even the IEA has become more constructive on oil demand until at least 2035, forecasting an additional 1-2 million barrels per day. The change partly reflects that electric vehicles haven’t displaced as much oil consumption as initially forecast 10-15 years ago. With a natural decline rate of about 5 million barrels per day, new oil production is constantly needed just to maintain current levels, let alone account for growth. Projects in regions like Guyana, Suriname, Brazil and potentially Venezuela often lack carbon capture, utilization and storage (CCUS) technologies.

The Impact on Canada’s Oil and Gas Industry: A Carbon-Conscious Barrel?

In this complex global energy equation, Canada presents a unique proposition. If the world is looking to transition to a more “carbon-conscious barrel” of oil and gas, Canada stands out due to its emphasis on carbon capture systems. Unlike many other new production sources globally, Canadian projects are increasingly integrating CCUS, offering a pathway to reduce emissions intensity. We often compare the global energy transition to a patient trying to overcome an addiction: going “cold turkey” is incredibly difficult. A more gradual weaning-off process, supported by technologies like CCUS, may be a more pragmatic approach to manage the transition away from oil.

Multi-Segment - 2026 Is Already in Motion - Promotional Banner

How to Integrate Canadian Oil and Gas Industry With Climate Goals?

The path forward is undeniably challenging, and a simple “win-win” scenario seems elusive. To truly get off oil would require a combination of slower economic growth, a miraculous technological discovery or significantly higher oil and gas prices through mechanisms like a carbon tax. Each option demands immense political will and public acceptance, both significantly lacking today. The increasing frequency of natural disasters linked to climate change underscores the urgency of action, but we find ourselves in a “muddy middle” where progress is slow and consensus is hard to achieve. While the challenges are substantial, continued innovation and a pragmatic approach to energy transition, recognizing both demand realities and environmental imperatives, will be crucial.

Key Takeaways

What is the current state of Canada’s climate commitments?

Canada aims for net zero by 2050 and a 40% reduction below 2005 emissions by 2030. However, current progress is at 8%, suggesting these goals are at risk.

What are the global requirements for net zero by 2050?

A reduction in global oil demand to roughly 70 million barrels per day and a 20%-30% decrease in natural gas consumption by 2035 would put us on pace to achieve net zero goals.

How does Canada fit into the global energy supply picture?

Canada, with its focus on carbon capture systems, offers a “carbon-conscious barrel” as global oil demand is projected to remain robust and new production is needed to offset natural decline rates.

This blog post is based on an episode from the “Calgary Eyeopener” radio series, hosted by Loren McGinnis, featuring an interview with Al. You can check out the full episode here.

About Enverus Intelligence® | Research

Enverus Intelligence® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations, and macro-economic forecasts and helps make intelligent connections for energy industry participants, service companies, and capital providers worldwide. See additional disclosures here.

Queued Up | Shifting Ground for Large Loads

Enverus Intelligence^® Research (EIR) estimates an average load growth of about 12 GW in PJM by 2035, driven primarily by data center load expansion. PJM’s independent market monitor filed a complaint arguing the grid operator has clear authority to delay interconnection of large new data centers until sufficient generation and transmission are available. The filing follows stalled stakeholder talks on new large-load rules and warns unchecked data center growth is inflating transmission costs and driving billions in higher capacity prices. The monitor is urging the Federal Energy Regulatory Commission to quickly clarify PJM’s authority as the board prepares its own interconnection proposal.

A recent EIR report analyzed 94 large-load tariffs from 36 utilities and determined large loads that bring their own generation can better flex demand during peak hours and benefit from rate structures tied to those highs. They can reduce demand during peak hours by participating in demand response programs or using an optimized battery storage strategy.

The experience in AEP Ohio, where speculative requests fell by more than half after a new rate was introduced, suggests tariff design itself can ease pressure on load-connection queues (Figure 1). Similarly, SPP’s High Impact Large Load process and Alberta’s proposed Bill 8 aim to prioritize or accelerate interconnection for those providing their own generation, demonstrating how policy and pricing signals can streamline the addition of major new loads.

Research Highlights:

Distributed Generation | The Turbines Are Coming – This report challenges the general belief in the market that power-generating equipment, namely large turbines, is limiting near-term data center growth.
Utility Rate Refocus | Reliable Cost Recovery – This report analyzes 94 electrical tariffs across leading cloud markets to better understand how utilities recover capital from large-scale customers and manage the surge in high-demand interconnection requests.
Geothermal Acreage | Hot Rocks and High Bids – This report examines the tenfold rise in geothermal lease prices in the western U.S., driven increasingly by transmission access and data center proximity rather than subsurface traits.

Enverus Intelligence® | Research, Inc. is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations, and macro-economic forecasts, and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. See additional disclosures here.

EIR forecasts modest impact on U.S. natural gas demand from data center expansion

CALGARY, Alberta (Dec. 3, 2025) Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy SaaS company that leverages generative AI across its solutions, is releasing a new analysis forecasting U.S. data center load growth and its implications for natural gas demand through 2030.

EIR projects 30 gigawatts (GW) of new U.S. data center capacity over the next five years—significantly below the 50 GW forecasted by major grid operators. This more conservative outlook reflects the impact of stricter utility requirements, which have already reduced speculative project proposals by more than 50% in states such as Ohio.

“Our research shows that while data center expansion will drive substantial energy demand, it will have a marginal impact on natural gas in the immediate years,” said Jimmy McNamara, CFA, principal analyst at EIR. “By focusing on confirmed projects and real-world constraints, we provide a more accurate outlook for both the power and natural gas sectors.”

Key takeaways:

EIR forecasts 30 GW of new U.S. data center capacity by 2030, compared to 50 GW projected by the Electric Reliability Council of Texas (ERCOT) and PJM Interconnection (PJM).
Recent policy changes in states like Ohio, including higher power costs and stricter credit requirements, led to a 15 GW (over 50%) drop in proposed data center projects.
If all new capacity were gas-fired, it could add up to 4.1 billion cubic feet per day (Bcf/d) of incremental Lower 48 natural gas demand by 2030; however, gas growth will be lower as grid-connected data centers use mixed generation sources. EIR is more confident in 2.1 Bcf/d of growth from behind-the-meter projects with dedicated gas generation.
For example, a 1 GW data center uses approximately 140 million cubic feet per day (MMcf/d) of natural gas, less than 1% of Appalachia’s daily production.

EIR's estimates of data center load growth by ISO from 2025 - 2035

EIR’s analysis pulls from a variety of products including Enverus PRISM®, Enverus FOUNDATIONS® and Enverus Mosaic.

View Report Here

You must be an Enverus Intelligence® subscriber to access this report.

Additional Resources:

Members of the media are invited to attend our upcoming 2026 Power and Renewables Outlook webinar on Dec. 16, 2025, at 10:00 a.m. CT.

U.S. power demand is breaking records, capacity markets are hitting price ceilings, and 90% of new builds are renewables—but firming capacity is falling short. Explore what’s driving record demand, how the grid is adapting, the implications of PJM’s latest auction hitting the ceiling, and smart strategies for 2026 including storage and flexible demand. Register Here.

About Enverus Intelligence® Research
Enverus Intelligence ® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations and macro-economic forecasts; and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. Enverus is the most trusted, energy-dedicated SaaS company, with a platform built to create value from generative AI, offering real-time access to analytics, insights and benchmark cost and revenue data sourced from our partnerships to 95% of U.S. energy producers, and more than 40,000 suppliers. Learn more at Enverus.com.

Power Market Insights: ERCOT Load and Renewable Forecasting Outperforming the ISO Forecasts

October in ERCOT brought a mix of seasonal challenges—unusually warm temperatures early in the month, a sharp cooldown later, and notable variability in renewable generation. These conditions tested the accuracy of short-term and day-ahead forecasts, which are essential for power market participants and traders managing risk and market operations. In this review, we highlight how Enverus consistently delivered superior performance compared to ERCOT load, wind and solar forecast, providing actionable insights for power trading strategies.

Load Forecast

This last October in Texas brought very unusual hot temperatures during the first 11 days. In Houston, for example, the average high was above 90°F, which is well above normal. These hot temperatures caused the total demand across Texas to exceed 71,000 MW during most days.

Around mid-October, the weather pattern began to shift but it was not until the end of the month that temperatures dropped significantly. The most notable change happened between Oct. 28 and Oct. 29. On Oct. 28, Houston high temperatures were still above 88°F, with lows near 70°F. Over the next three days, high temperatures dropped to around 70°F and lows to about 50°F. This sudden change in the temperatures caused ERCOT peak demand to fall from 62,720 MW on Oct. 28 to below 52,000 MW the following day. Our day-ahead load forecast captured this sudden demand drop with exceptional accuracy, achieving a MAPE of 1.35% on Oct. 29, compared to the ISO forecast’s 5.76%. This strong performance continued through the end of the month, with our forecast maintaining a MAPE of 2.33%, again outperforming ISO’s 3.06%.

Enverus Mosaic proprietary platform (data displayed in Hour Beginning), evolution of ISO’s load forecast and Enverus load forecast from *Oct. 27 to Oct. 31*, 2025. The Enverus Mosaic short-term analytics and forecasting solutions has a 25-year track record of forecasting load more accurately than the ISOs.

Wind Forecast

Wind generation remained highly volatile in Texas across the whole month of October. On Oct. 27 wind generation dropped to values below 2,600 for a few hours but the next day increased above 22,000 MW for extended periods. Then, on Oct. 29, wind generation started a decreasing trend, falling below 10,000 MW by the end of the day. And, on Oct. 30 it stayed under 4,000 MW for several hours. Such fluctuations are notoriously difficult to predict. However, our day-ahead wind forecast tracked these changes far better than ISO’s.

DATE	MAE ENVERUS DAY AHEAD	MAE ISO DAY AHEAD	CAP_MAPE ENVERUS DAY AHEAD*	CAP_MAPE ISO DAY AHEAD*
Oct. 27	1760.83 MW	2138.85 MW	6.23%	7.57%
Oct. 28	2279.86 MW	3407.78 MW	8.07%	12.06%
Oct. 29	2485.30 MW	3739.03 MW	8.79%	13.23%
Oct. 30	862.99 MW	1401.49 MW	3.05%	4.96%

One day-ahead wind forecast performance

*Enverus Mosaic proprietary platform (data displayed in Hour Beginning), evolution of ISO’s wind forecast and Enverus wind forecast from Oct. 27 to Oct. 30, 2025.*

Solar Forecast

Even though solar generation is less volatile than wind generation, sudden shifts did occur again by the end of October in ERCOT. On Oct. 23, ERCOT solar peaked at 19,772 MW and stayed above 15,000 MW during daylight hours. However, the next day, it remained below 12,000 MW for the entire day, barely surpassing 10,000 MW for a few hours. Our day-ahead solar forecast accurately anticipated these changes, outperforming ISO’s forecast.

DATE	MAE ENVERUS DAY AHEAD	MAE ISO DAY AHEAD	CAP_MAPE ENVERUS DAY AHEAD*	CAP_MAPE ISO DAY AHEAD*
Oct. 23	508.93 MW	883.32 MW	1.73%	2.99%
Oct. 24	813.22 MW	1030.16 MW	2.76%	3.49%

One day-ahead solar forecast performance

*Enverus Mosaic proprietary platform (data displayed in Hour Beginning), evolution of ISO’s solar forecast and Enverus solar forecast from Oct. 23 to Oct. 24, 2025*.

Conclusion

Accurate ERCOT load and renewable forecast solutions are essential for traders and market participants navigating power market volatility. October’s variability in load and renewable generation underscores the importance of reliable short-term and day-ahead forecasting tools that help participants anticipate changes and make informed decisions. With decades of experience, Enverus continues to provide trusted grid analytics and forecasting solutions, enabling power traders and market participants to navigate uncertainty with confidence and precision.

About Enverus Power and Renewables Grid Analytics and Forecasting Solutions

With a 15-year head start in renewables and grid intelligence, real-time grid optimization to the node, and unparalleled expertise in load forecasting that has outperformed the ISO forecasts, Enverus Power and Renewables is uniquely positioned to support all power insight needs and data driven decision making. More than 6,000 businesses, including 1,000+ in electric power markets, rely on our solutions daily.  

*CAP_MAPE represents the Mean Absolute Error (MAE) scaled by the maximum observed value (CAP) in the dataset. This scaling produces a relative error measure, ensuring that the system’s overall scale and the magnitude of values during the evaluation period do not distort the error metric. Formally,

Enverus unveils 2025 winter power outlook, spotlights renewables and market shifts

AUSTIN, Texas (Dec. 2, 2025) Enverus, the leading energy SaaS and analytics platform, is releasing its 2025 Winter Power Market Outlook, providing actionable insights for stakeholders across North America’s major power markets.

The report forecasts significant infrastructure growth in solar and battery energy storage across ERCOT, with up to 7.6 GW of new solar capacity and 4.7 GW of battery energy storage systems expected by mid-2026. Policy changes such as ERCOT’s RTC+B launch and CAISO’s Extended Day-Ahead Market are set to reshape market dynamics and price formation.

“This winter’s outlook highlights how rapid renewable integration and evolving market policies are driving both opportunity and volatility for power market participants,” said Rob Allerman, sr. director of Power Markets. “Our analysis equips stakeholders to anticipate congestion risks, leverage new infrastructure and navigate regulatory shifts with confidence.”

Key takeaways:

Comprehensive regional analysis covers ERCOT, SPP, PJM, MISO, CAISO, Mid-C, ISONE and NYISO, detailing load, generation and market drivers.
Outage-driven congestion patterns and their operational impacts are identified for each ISO.
Solar and battery storage additions are accelerating, with ERCOT leading in new capacity and Texas Energy Fund loans supporting $2.28 billion in projects.
Major policy changes, including ERCOT’s Real-Time Co-Optimization with Batteries (RTC+B) and CAISO’s Extended Day-Ahead Market (EDAM), will influence market operations and pricing.
Actionable heat rate and price forecasts help stakeholders prepare for volatility and develop effective hedging strategies.

Enverus’ analysis pulls from a variety of products including Enverus PRISM®, Enverus FOUNDATIONS® and Enverus Mosaic.

Ready to view our 2025 Winter Power Markets Outlooks by ISO?

Get Started

Additional Resources:

Members of the media are invited to attend these upcoming webinars for insights into leading Power & Renewables topics:

Predict RTC+B Market Dynamics With Enverus Forecasting Models
Dec. 2, 2025 at 2:00 p.m. CT
Gain a clear picture of RTC+B’s rollout and its ripple effects across ERCOT. Learn how RTC+B may shift market dynamics and trading behavior, impact dispatch patterns and pricing signals, and what strategies can help prepare for potential volatility and grid changes. Register Here.
2026 Power and Renewables Outlook
Dec. 16, 2025 at 10:00 a.m. CT
U.S. power demand is breaking records, capacity markets are hitting price ceilings, and 90% of new builds are renewables—but firming capacity is falling short. Explore what’s driving record demand, how the grid is adapting, the implications of PJM’s latest auction hitting the ceiling, and smart strategies for 2026 including storage and flexible demand. Register Here.
Winter 2025 Power Markets Outlook Webinar Replay
Did you miss this four-part webinar series? Get ahead of winter’s volatility with our expert insights on ERCOT, SPP, MISO, PJM, NYISO, ISONE, CAISO and Mid-C. Explore cold snap and polar vortex risks, electrification-driven demand, renewable generation trends, transmission outages, policy developments, and price projections. Watch the Webinar Replay.

If you have questions, please use our Request Media Interview button to schedule an interview with one of our expert analysts.

About Enverus
Enverus is the energy industry’s most trusted source for decision intelligence and operational efficiencies. With petabytes of proprietary data, deep domain expertise, and AI-native technology, Enverus empowers customers to invest smarter, operate more efficiently, and scale faster — across upstream, midstream, minerals, power, and renewables — all while navigating the most complex energy market in history. Learn more at stagingenverus.kinsta.cloud.

Multilateral Insights for Canadian Heavy Oil Operators

Canadian producers have long faced a frustrating challenge: optimizing multilateral well design and performance in cold flow heavy oil plays using incomplete or inconsistent public data. The Alberta Energy Regulator (AER) limits lateral reporting to just nine per well, leaving critical production and cost insights hidden or fragmented. Compounding the issue, these wells often produce through multiple wellbores, yet production is typically attributed to only one, skewing length-normalized metrics and misleading performance comparisons.

This data gap makes it difficult for operators to fully understand well behavior, benchmark against peers, and make informed decisions about future development strategies.

The Data Challenge: Why Multilateral Analysis Has Been So Difficult

Historically, the lack of comprehensive data has forced operators to rely on partial information, making it tough to answer key questions such as:

Which designs deliver the highest recovery and EUR per meter or section?

Do longer laterals and additional legs translate into better economics in your area of interest?

How do your assets stack up against top-performing analogues?

Are competitors experimenting with new designs or development strategies?

Which operators are actively expanding or ramping up operations across the play?

Expanded Multilateral Identification & Enhanced Lateral Length Calculation

That’s changing now. With the latest enhancements in Enverus PRISM®, multilateral analysis is more accurate and powerful than ever. The multilateral identification algorithm has been expanded for Alberta wells, moving beyond Heavy Oil Play tags. By leveraging attributes like State Well Type, Wellbore Type and Trajectory, PRISM® now provides precise tagging of multilateral wells, while excluding abandoned wellbores to ensure only productive legs contribute to total producing lateral length.

This means PRISM® can now correctly identify and normalize production metrics for any multilateral well in Alberta – even outside traditional heavy oil plays. These wells are easy to find in PRISM®, enabling users to quickly spot where operators are testing multilateral designs, including in emerging plays like Charlie Lake.

Key Features of PRISM®’s First-to-Market Solution

Enverus PRISM® digitizes an extensive set of additional legs from thousands of multilateral wells, giving Canadian operators the most complete and accurate dataset available. Users can now analyze and visualize all legs of a multilateral well, unlocking fast answers to critical questions.

Three new fields have been added to the Wells table for deeper clarity:

ENV Effective Lateral Length: The total producing length used for length-normalized calculations in PRISM®, ensuring accurate and consistent normalization across all metrics by considering the full producing length, not just the reported wellbore.

ENV Effective Lateral Length Source: Indicates the source of the length used in calculations (e.g., Perf Interval, Lateral Length, Total Lateral Length), adding transparency to how metrics are derived.

Number of Wellbores: Displays the total number of wellbores associated with a well, offering a complete view of well architecture.

Visualizing multilateral strategies: total producing lateral length, wellbore counts and recovery trends across operators in PRISM® — *Figure 1: Visualizing multilateral strategies: total producing lateral length, wellbore counts and recovery trends across operators in PRISM*®

Practical Benefits for Operators

With these enhancements, Canadian operators can:

Benchmark recovery per meter against peers and alternative designs.

Evaluate the economics of longer laterals and additional legs.

Identify emerging development strategies and operator activity.

Reduce uncertainty and drive capital efficiency in multilateral developments.

Emerging Development Strategies: Multilaterals vs. Fishbone Wells

One of the most exciting trends visible in PRISM® is the rise of new development strategies, particularly the interplay between multilateral and fishbone wells. In some cases, operators are stacking these designs within the same field or even the same pad, increasing reservoir contact and potentially improving recovery and economics.

Multilaterals: Wells with multiple branches, maximizing reservoir exposure and production potential.

Fishbone Wells: Characterized by numerous short laterals branching off a main wellbore.

*Figure 2: Multilateral and fishbone wells stacked, shown in map view and 3D Viewer in PRISM*®

PRISM®’s expanded dataset and advanced analytics make it possible to compare these strategies, identify operators trialing innovative combinations, and track their impact on production metrics.

Case Example: Charlie Lake Wells

Thanks to expanded algorithm coverage, Charlie Lake wells are now correctly identified as multilaterals. This improvement enables more accurate normalization of production metrics and gives operators a clearer picture of asset performance in this evolving play.

*Figure 3: Tracking innovation in Charlie Lake: new multilateral designs drive longer producing laterals*

Next Steps: Get the Full Picture With PRISM®

Whether you’re optimizing existing assets or planning new developments, PRISM® delivers the clarity and confidence you need to reduce uncertainty and drive capital efficiency in cold flow heavy oil plays. The platform’s comprehensive dataset and advanced analytics empower operators to make data-driven decisions, benchmark against top analogues, and stay ahead of emerging trends.

Ready to see the full potential of your multilateral wells? Let’s connect to walk through the new capabilities or set up a custom analysis for your team.

Interested in a deeper dive or a custom analysis for your assets? Reach out to schedule a walkthrough of PRISM®’s latest features and see how these enhancements can drive results for your operations.

Solutions

Power & Renewables

Invest Intelligently

Manage & Optimize

Site & Analyze

Trade & Hedge Risk

Design & Build

Featured Content

Power Market Insights: ERCOT Load and Renewable Forecasting Outperforming the ISO Forecasts

Enverus Load Forecast Nails Every ERCOT Coincident Peak in August and September 2025

Understanding Battery Energy Storage Systems

Solutions

Operators

Evaluate & Aquire

Develop & Optimize

Source & Execute

Low Carbon & Sustainability

Canadian Producers

Featured Content

Multilateral Insights for Canadian Heavy Oil Operators

Turning Inventory Pressure Into Your Strategic Advantage

Beyond the Core: Unlocking Value in Secondary Basins With Emerging Upside

Solutions

Oilfield Services

Uncover Opportunities

Streamline Operations

Low Carbon & Sustainability

Benchmark & Optimize

Featured Content

Thriving Through Volatility: How Streamlined Cash Flow Powers Supplier Success

Winning at the wellhead: Enverus reveals 2025 top US drillers and customer rankings

Dialing Oilfield Days Sales Outstanding Down to Zero and Freeing Up Cash for Growth

Solutions

Midstream

Analyze & Uncover

Monitor & Optimize

Low Carbon & Sustainability

Featured Content

Escaping Planning Silos: Turn Forecasts Into Confident Development Plans

Escaping Last-Minute Forecast Fire Drills: Re-Run Models in Minutes, Not Hours

Taming midstream costs: Refined expense accruals

Solutions

Minerals

Acquire with Confidence

Optimize Portfolio Management

Sell at the Right Time and Price

Featured Content

Hidden Costs of Running Title: How to De-Risk With AI & Digital Workflow

Connecting Producers and Partners With a Digital Gathering System

Viper-Sitio Merger: A Wake-Up Call to Consolidate

Solutions

Financial Services

Evaluate & Target

Monitor & Optimize

Power Market Data & Intelligence

Featured Content

Whitecap and Veren Merge: A Strategic Combination Shaping the Future of Canadian Energy

Energy Stakeholders Meet in New Mexico to Address Key Permian Basin Issues

Upstream M&A Activity Slows in Q3 2024 – What Does It Mean for the Future of the Energy Sector?

Solutions

Trading & Risk

Discover MarketView®

Data Catalog

Download Your Products

Contact Support

Featured Content

Climate Commitments vs. Energy Reality: Analyzing the Canadian Energy Transition Strategy

Canadian Energy Policy Outlook: A New Era for Oil and Gas?

Oil Market Forecast: Navigating Through a Supply Glut

Solutions

Energy Consultants

University Partnerships

Featured Content

Climate Commitments vs. Energy Reality: Analyzing the Canadian Energy Transition Strategy

Canadian Energy Policy Outlook: A New Era for Oil and Gas?

Oil Market Forecast: Navigating Through a Supply Glut

Solutions

Your guide to data center site selection—What you need to know to build faster, smarter, more resilient data centers.

Featured Content

Power Market Insights: ERCOT Load and Renewable Forecasting Outperforming the ISO Forecasts