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TGS Sells North American Well Data Products Business to Enverus

Yahoo Finance · Jul 8, 2026 · TGS (TGS)

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. A2D, a subsidiary of TGS acquired in 2002, operates TGS’ well data products business, inclu

Original at Yahoo Finance

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