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TGS Sells North American Well Data Products Business to Enverus

Markets GlobeNewswire By GlobeNewswire 08 Jul 2026 15:39 1 min read
TGS Sells North American Well Data Products Business to Enverus

OSLO, Norway (8 July 2026) - TGS, a leading provider of energy data and intelligence, today announced that it has closed the sale of its North American well data products business to Enverus, Inc. for a purchase price in excess of USD 100 million. The transaction consists of USD 100 million payable at closing, with an additional USD 15 million earn-out conditioned on milestones agreed between the parties.

OSLO, Norway (8 July 2026) - TGS, a leading provider of energy data and intelligence, today announced that it has closed the sale of its North American well data products business to Enverus, Inc. for a purchase price in excess of USD 100 million. The transaction consists of USD 100 million payable at closing, with an additional USD 15 million earn-out conditioned on milestones agreed between the parties.

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