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Brief -- Drillinginfo

Drillinginfo, a software-as-a-service, or SaaS analytics provider for the oil and gas industry, is allying with software platform provider MineralSoft to expand mineral rights management offerings. The joint venture would allow the Austin, TX-based companies to analyze for mineral owners in real time computer mapping, royalties, revenue, expense, volume data and investment performance. No financial details were disclosed. Drillinginfo in 2016 acquired GlobalView Software and its flagship product MarketView, which allows prices to be monitored while trading. It also in 2016 bought production forecasting assets from Ponderosa Energy, a division of Ponderosa Advisors LLC. In January Drillinginfo also launched a suite of oilfield services software to improve real-time interaction between rig and permit reports.

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