Drillinginfo Inc. has acquired HPDI, a software and information services company for the energy industry.
HPDI provides production data and web-enabled analytical software tools for a wide range of oil and gas related customers focused primarily in the financial and investment analysis sector and the gas and crude oil marketing sectors.
According to Allen Gilmer, chairman and CEO of Drilling Info Inc., “Among the key benefits of acquiring HPDI is the immediate expansion of our coverage to every oil and gas producing state in the US as well as offshore Gulf of Mexico and certain Canadian provinces.”
Drillinginfo All States Members will have access to production data for all oil producing states in the United States as well as for off shore Gulf of Mexico and Pacific wells. In addition, Drillinginfo is releasing permit activity data for the corresponding state expansion.
Drillinginfo provides data and analysis services to the oil and gas industry.
HPDI will continue to operate under its current business model and its customer base will not be impacted by this acquisition. All of HPDI’s employees have been retained and operations will not be affected.