Allen is the Founder, Advisor, and former CEO/Chairman of Enverus (formerly Drillinginfo) and CoFounder of Vecta Oil & Gas, Ltd, formed around his patents in the field of multicomponent seismology. Vecta and its spin off investments have discovered over 100 million barrels of oil equivalent in Proven Reserves to date.
In 1999, frustrated by the lack of availability of oilfield information and tools by which to analyze the information, he founded Drillinginfo, Inc. with Mark Nibbelink. Released initially in August 2000, the Drillinginfo suite of web apps and integrated data became the most quickly and widely adopted software platform in the history of the US oilpatch. Today, nearly 10,000 companies comprising nearly 90% of US capex in the O&G industry and some 70% of US utilities subscribe to Enverus’ SaaS offerings. Enverus has over 1000 employees in its offices in Chicago, Manhattan, Houston, London (UK), Stroud (UK), Singapore, Denver, DFW, Oklahoma City, Rio de Janeiro(BRA), Buenos Aires (ARG), Santander (ESP), Bangalore (IND) and its headquarters in Austin, TX. Allen served as Executive Chairman of the Board for 20 years and CEO for 14 years.
He is Immediate Past Chairman of TIPRO (Texas independent Producers and Royalty Owners), a member of the Board of Directors of the National Association of Royalty Owners-Texas, and has served on the Board of the Texas Alliance of Energy Producers. He is past Texas Chairman and National Board Member of the Department of Energy’s Petroleum Technology Transfer Council. He also serves on the Advisory Board for the UT El Paso College of Science, and Colorado School of Mines Petroleum Engineering Department.
He was selected as Hart Energy’s Top 20 Energy Innovators in 2019, UTEP Distinguished Alumni in 2017, Large Company CEO of the Year for Central Texas in 2014, Top 7 NAPE Influencers in 2014, Texas’ Outstanding Geoscientist in 2012 in Texas Monthly magazine, Ernst & Young Entrepreneur of the Year in Central Texas in 2012, and Top 100 Energy Influencers in 2011.