Allen is the cofounder of Drillinginfo, former CEO and current Chairman of Drillinginfo, Inc., the most quickly and widely adopted software platform in the history of the oil and gas industry. Today, nearly 3,500 companies comprising over 90% of US oil and gas capex subscribe to Drillinginfo's SaaS offerings. Drillinginfo has 545 full time employees in various offices all over the world. Prior to founding Drillinginfo, he was an independent oil and gas producer, founding 3 successful oil and gas companies that have found over 100 million barrels of oil.

Allen is current Chairman of the Texas Independent Producers and Royalty Owners (TIPRO), past Texas Chair and National Board member of the DOE's Petroleum Technology Transfer Council (PTTC), and member of the Development Board of the University of Texas at El Paso (UTEP), Advisory Board of UTEP's College of Science, and several other nonprofit organizations. He was selected as UTEP's Distinguished Alumni in 2017, Austin Business Journal's Large Company CEO of the Year in 2014, Top 7 Upstream Influencers in 2014, Texas Monthly's Texas Outstanding Geoscientist in 2012m E&Y's Entrepreneur of the Year in Central Texas in 2012, and Top 100 Energy Influencers in 2011.

He received a B.A. in Geology from Rice University in 1984, and an M.S. in Geology from UTEP in 1987.