Houston, 77057, TX,
United States
Texas Petroleum Investment Company Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Texas Petroleum Investment Company and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 160 Texas Petroleum Investment Company employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Texas Petroleum Investment Company has purchased the following applications: Microsoft Azure Cloud Services for Application Hosting and Computing Services in 2016, Microsoft 365 for Collaboration in 2016, Enverus EnergyLink for Oil Gas and Chemicals ERP in 2015 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Texas Petroleum Investment Company is running and its propensity to invest more and deepen its relationship with Microsoft , Enverus or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Texas Petroleum Investment Company revenues, which have grown to $18.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Texas Petroleum Investment Company intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft Azure Cloud Services | Application Hosting and Computing Services | IaaS | n/a | 2016 | 2016 |
Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2016 | 2016 |
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Enverus | Legacy | Enverus EnergyLink | Oil Gas and Chemicals ERP | ERP Services and Operations | n/a | 2015 | 2015 | In 2015, Texas Petroleum Investment Company implemented Enverus EnergyLink. The deployment focused on accounting led upstream financial operations within the Oil Gas and Chemicals ERP category. Implementation scope included preparation of daily journals covering JIB payments, purchaser payments, incoming wires, accounts receivable adjustments, and lockbox deposits, and processing and tracking all JIB payments in OGSYS and Enverus EnergyLink. Operational users included accounting, revenue staff, engineers, field personnel, and internal and external auditors. Configuration centered on joint interest billing and accounts receivable capabilities, cash and wire tracking, AFE and service order budget approval workflows, and invoice generation for JIB statements. Enverus EnergyLink was configured to assign AFE order numbers, accounts and property numbers and to provide expenditure cost details to engineers and field personnel for job costing and inquiry resolution. Automation supported generation and printing of outbound JIB invoices and daily journal postings to the general ledger. The implementation explicitly integrated activity tracking with OGSYS, with processes executed and reconciled in both OGSYS and Enverus EnergyLink to maintain payout and payment traceability. Operational coverage included processing stop payments on checks, monitoring incoming wires and checks, preparing lockbox deposit records, and responding to interest owner and management inquiries to resolve accounting discrepancies. The system served as a central source for month end financial statement generation and facilitated account closing procedures. Governance and process changes formalized AFE and service order approval authorities, assignment of order and property numbering, and financial database and filing maintenance practices. Staff responsibilities were adjusted to support interaction with auditors and the revenue department, and the rollout included detailed training for accounting assistants to ensure consistent use of Enverus EnergyLink. Ongoing maintenance tasks included recommending and maintaining financial databases and computer software systems. |
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