Far from just an oil and gas software company, 3esi-Enersight employs a unique combination of Exploration & Production (E&P) business planning experience, engineering technical expertise, workflow planning abilities, and leading-edge software solutions to address the diverse challenges of E&P companies operating in the oil and gas sector around the globe. Guided by their mission to develop and deliver integrated software solutions that enable upstream oil and gas companies to achieve and exceed their business objectives, 3esi-Enersight is helping companies to meet industry challenges by providing the tools for agile decision making and capital efficiency throughout the entire oil and gas value chain.
Serving the industry for well over a decade, 3esi-Enersight has become a trusted partner to more than 450 companies worldwide and a regular contributor of ground-breaking engineering and technical reserves research which it shares with the industry through involvement in groups including the Society of Petroleum Engineers (SPE), Society of Petroleum Evaluation Engineers (SPEE), and Society of Petroleum Resource Economists (SPRE). While headquartered in Calgary, Alberta, the company has quickly become a truly global entity with 12 offices around the world including Houston, Barcelona, Brisbane and Beijing.
From Vision to Integration
When founding 3esi-Enersight, Wayne Sim, Salvador Clave and Sandy Moreland had the ultimate vision of becoming a complete, fully integrated solution to assist companies with cohesive decision-making from the field to the boardroom. In pursuing this vision, 3esi-Enersight has brought together some of the industry’s most recognized and respected oil and gas consulting and software companies with skillsets and solutions covering Business Planning, Portfolio Optimization, Capital Management, AFE & Readiness Workflows, Budgeting, Asset Development, and Production Forecasting. Most recently, through the acquisition of Energy Navigator, 3esi-Enersight added software and expertise in Technical Reserves and Corporate Reserves Management for the benefit of their clients.
The innovative solutions created by Energy Navigator perfectly complement 3esi-Enersight’s previous capabilities, securing the company’s leadership position, making them the industry’s only single-source provider of a complete integrated planning and reserves solution. The immediate focus for their newly consolidated teams is the seamless integration of all six of the company’s best-in-class software products – esi.portfolio; esi.manage; enersight; esi-execute; Val Nav; and AFE Nav – and then ultimately transitioning the entire solution to the cloud. While each of these products has developed a loyal following as a formidable software solution in its own right, when combined into an integrated system, they represent a game-changing opportunity for E&P companies facing some of their toughest business challenges.
“Our industry has evolved significantly, especially in the past few years of economic turmoil. It is vital for companies to ensure that all technical evaluations, reserves and operational decisions align with corporate-level priorities,” said Wayne Sim, CEO – 3esi-Enersight. “3esi-Enersight’s vision for the petroleum industry is the complete integration of data and workflows from the reservoir to the boardroom, enabling companies to plan more effectively and respond faster to market and operational volatility.”
One of the ways the company plans to maintain its leadership position as integrated industry solutions continue to evolve is the development of a next generation Reserves Management platform, to be created in partnership with industry reserves evaluation leaders GLJ Petroleum Consultants.
Improved Data Integrity Guiding Business Decisions
For E&P companies, the advantage of dealing with a single provider of integrated solutions like 3esi-Enersight is the improved decision-making agility across all areas of the business. Sharing data and utilizing it across all planning workflows ensures that key decisions at all levels are based on the same information. It also eliminates the need for teams to spend time pushing data back and forth between various disparate applications. Planning and reserves teams have the ability to quickly analyse the impact of different development scenarios on the value of their business, more accurately quantifying the current and future value of assets, and enhancing the companies’ ability to consistently deliver on short-term priorities and long-term corporate strategy. Integration also provides greater visibility for senior leaders, allowing them to more closely link investment plans with the reserves commitments made to shareholders.
Of course cutting-edge products are only as good as the support and implementation expertise behind them. This means that client care will continue to remain a major focus for the growing company as they continue to enhance their integrated solutions.
“For us, it’s all about helping our customers work more efficiently, be able to trust the integrity of their data, and have ultimate confidence in the decisions they’re making,” says Sim.
For more information on 3esi-Enersight, visit www.3esi-Enersight.com or contact: