Welligence
Welligence is a subscription-based energy data and intelligence platform delivering monthly-updated upstream oil and gas, LNG, and energy transition analytics across ~3,000 assets in 55+ countries to energy companies and financial institutions via global enterprise sales.
- Company typePrivate
- Founded2017
- HeadquartersHouston, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Welligence does
Welligence (legal entity Welligence Inc., Delaware) is a Houston-headquartered energy data and intelligence company co-founded in 2017 by Ross Lubetkin and Seth Neel. It sells a subscription-based upstream oil and gas, LNG, and energy transition analytics platform to enterprise customers, primarily energy companies (E&P firms and national oil companies) and financial institutions (investment banks and private equity), with secondary reach into governments and oil field service firms. Coverage spans approximately 3,000 commercial upstream assets across 55+ countries in six regions (Latin America, US Gulf of Mexico, Africa, North Sea, Middle East, and Asia-Pacific), with datasets refreshed monthly rather than on the annual cadence typical of incumbent providers. The company operates from nearly a dozen offices across five continents, led by a senior team drawn heavily from Wood Mackenzie, IHS Markit, Rystad Energy, and S&P Global.
The platform combines proprietary datasets with AI-driven forecasting (modified decline curves applied to production history and geological factors), interactive mapping and heatmap visualizations, Excel-based valuation models calibrated with asset-specific fiscal terms, integrated GHG emissions analytics, and a dedicated CCUS Intelligence module. Distribution is exclusively direct sales: prospective clients must request a product demonstration through the company's "Get Access" page and negotiate a custom-priced annual subscription, with no public pricing, self-serve sign-up, or channel partner network. The company does not disclose revenue. Cumulative equity raised exceeds $40 million, including a $41 million minority growth equity round led by Elephant in January 2024 with participation from Veriten, EDG Group, J Mendes, and Zilkha Investments.
Welligence firmographics
Firmographics- Name
- Welligence
- Legal name
- Welligence Inc.
- Website
- https://welligence.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Welligence is a subscription-based energy data and intelligence platform delivering monthly-updated upstream oil and gas, LNG, and energy transition analytics across ~3,000 assets in 55+ countries to energy companies and financial institutions via global enterprise sales.
- Ownership category
- akta.pro rank
Welligence industry classification
Industry- Product category
- Energy Data Analytics / Upstream Oil & Gas Intelligence
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Due Diligence Advisory (Commercial/Financial/Operational) (BPAHADAE)
Keywords
Where Welligence is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Welligence business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Subscription-Based Platform Access: Welligence operates on a subscription-based model delivering its online platform to clients. The subscription provides access to detailed asset overviews, interactive maps, analytics dashboards, valuation models, GHG intelligence, and data downloads. Pricing is not publicly disclosed; clients must contact the company for a demonstration and custom quote. The model is recurring in nature, with data updated monthly and ongoing analyst support included.
- Data Downloads / Data as a Service: Clients can download raw, cleansed, or integrated proprietary data packaged for easy use. Data is available in all major GIS formats and is updated monthly. This is bundled within the subscription but represents a distinct data monetization component.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Subscription-based platform — custom pricing |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Welligence product offering
Product offeringCore offering
Welligence operates a subscription-based online energy intelligence platform that delivers technical data and deep analysis for approximately 3,000 commercial upstream oil and gas assets across 55+ countries. The platform combines proprietary data, AI-driven forecasting algorithms, interactive mapping, Excel-based valuation models, and integrated GHG/CCUS analytics, and is sold to enterprise energy companies, financial institutions, and government bodies via direct sales demonstrations.
Product overview
Welligence is an energy data and intelligence platform for oil, gas, and carbon capture projects, offered as a subscription-based service combining a unified platform with multiple integrated modules. The core Welligence Platform delivers technical data and deep analysis for approximately 3,000 commercial upstream assets, supported by specialized sub-products including Detailed Asset Overviews, Interactive Analytics and Visualizations, Excel-Based Valuation Models, Oil and Gas Maps, Heatmaps, Portfolio Analysis, and Data Downloads. The platform integrates GHG Analytics for emissions evaluation, CCUS Intelligence for carbon capture analysis, LNG Analysis for liquefied natural gas markets, and Macro Analysis for strategic trend assessment. Weekly Quick Takes provides regular intelligence commentary, while Global M&A Intelligence covers deal activity. Coverage spans Latin America, US Gulf of Mexico, Africa, North Sea, Middle East, and Asia-Pacific regions, with data updated monthly. The platform combines AI-driven forecasting with powerful analytics served up by industry experts, with a direct line to experienced analysts available to support client decisions.
Differentiator
Problem solved
Functional benefit
Products and services
- Welligence Platform
Quantifiable outcome
- Monthly data updates — Welligence updates its data monthly, compared to annual updates from most competitors
- +2 more outcomes
Companies that use Welligence
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Welligence technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature7 records
Welligence partnerships and signals
Strategic signalScale indicators6 records
Recent moves5 records
Expansion highlights6 records
Welligence competitors and assessment
Company assessmentDirect peers
- Wood Mackenzie (Verisk): Wood Mackenzie is the dominant global upstream oil and gas intelligence and consulting firm, now part of Verisk. It sells subscription research, asset valuation, and consulting to the same E&P, NOC, and financial institution customers Welligence targets, and is the primary incumbent competitor whose annual refresh cadence Welligence explicitly contrasts itself against.
- Rystad Energy: Rystad Energy is a Norway-based independent upstream intelligence provider offering subscription analytics, asset valuations, and macro research across global oil and gas. It directly competes with Welligence in upstream research, M&A support, and country-level analysis, and is one of the closest direct comparables.
- Enverus: Enverus is a SaaS-based energy intelligence platform providing upstream data, analytics, and decision-support tools to E&Ps, financial institutions, and midstream operators. Its subscription platform model and focus on integrated upstream analytics makes it a close comparable, particularly for North American shale coverage.
- Westwood Global Energy: Westwood Global Energy is a UK-based upstream research and consulting firm covering exploration, M&A, and regional upstream themes. It overlaps with Welligence in North Sea, Northwest Europe, and global upstream advisory, and has supplied talent to Welligence (e.g., John Corr, David Moseley).
Broad incumbents
- IHS Markit (S&P Global): IHS Markit's upstream and energy research was integrated into S&P Global after the 2022 merger, and historically competed directly with Welligence in upstream asset data, country analytics, and Middle East / Latin America research. Several Welligence team members (e.g., Andre Fagundes, Martin Sherriff) came from IHS Markit, underscoring its role as a primary talent and product competitor.
- TGS: TGS is a leading multi-client geoscience data and intelligence provider with strong coverage in seismic, well data, and subsurface analytics for upstream operators. It overlaps with Welligence in providing data and analytics to E&Ps and serves a similar global customer base, although with a heavier emphasis on raw subsurface data.
- S&P Global Commodity Insights: S&P Global Commodity Insights (formerly S&P Global Platts) is a broad commodity intelligence platform covering oil, gas, LNG, and energy markets with deep benchmark pricing and analytics. It competes with Welligence in LNG, macro, and upstream intelligence, and serves similar financial and corporate clients as part of a much wider portfolio.
Emerging players
- Argus Media: Argus Media is an independent energy and commodity price reporting agency covering oil, gas, LNG, and emissions markets. While more focused on pricing and benchmarks, Argus overlaps with Welligence in LNG intelligence and emissions analytics, and a Welligence BD VP (Rhona McFarlane) previously worked at Argus.
- Kayrros: Kayrros applies satellite imagery, AI, and alternative data to oil, gas, and energy asset intelligence. It is an emerging competitor in the energy data analytics space and is a meaningful overlap for Welligence's lower-carbon and emissions analytics roadmaps; Welligence VP Jeffrey Williams previously led Kayrros North America.
- Afentra: Afentra is an upstream oil and gas investment and advisory firm focused on Africa-focused acquisition and asset management opportunities. It is a smaller-scale emerging player whose New Ventures team competes with Welligence in opportunity screening and asset valuation across Africa and is a relevant peer for African upstream intelligence.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat4 records
Key highlights7 records
Customer concentration
Welligence social profiles
Digital presenceWelligence financial estimates
Financial estimateRevenue estimate
Valuation estimate
Welligence leadership team
Management profileNumber of profiles
Profiles16 records
Welligence funding detail
Funding detailFunding overview
Funding rounds2 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Welligence M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Welligence
What does Welligence do?
Welligence operates a subscription-based online energy intelligence platform that delivers technical data and deep analysis for approximately 3,000 commercial upstream oil and gas assets across 55+ countries. The platform combines proprietary data, AI-driven forecasting algorithms, interactive mapping, Excel-based valuation models, and integrated GHG/CCUS analytics, and is sold to enterprise energy companies, financial institutions, and government bodies via direct sales demonstrations.
Is Welligence a public or private company?
Welligence is a private company. It is classified as venture growth investor backed and is currently operating.
When was Welligence founded?
Welligence was founded in 2017. It employs 51 to 100 people.
Where is Welligence based?
Welligence is headquartered in Houston, United States, in the North America region.
How does Welligence make money?
Two revenue lines are on record. Subscription-Based Platform Access are the primary driver. The others are data Downloads / Data as a Service.
Who are Welligence's main competitors?
Direct peers on record are Wood Mackenzie (Verisk), Rystad Energy, Enverus and Westwood Global Energy. Broad incumbents are IHS Markit (S&P Global), TGS and S&P Global Commodity Insights. Emerging players are Argus Media, Kayrros and Afentra.
Does Welligence have an API?
No public API is recorded for Welligence.
What industry is Welligence in?
Welligence's product category is Energy Data Analytics / Upstream Oil & Gas Intelligence. Its primary akta.pro industry code is BPAHADAE, Due Diligence Advisory (Commercial/Financial/Operational). Its NAICS code is 51821 and its SIC code is 1389.