3esi enersight acquires energy navigator AFE Nav Val Navigator reservoir boardroom integrated strategy planning solutions oil gas

3esi-Enersight Acquires Energy Navigator

We are extremely excited to announce that, as of June 27, 2017, 3esi-Enersight has acquired Energy Navigator. We are combining our two organizations and our industry-leading product portfolios to create the world’s largest single provider of integrated strategy, planning and reserves solutions for upstream oil and gas.

Read Official Press Release

The acquisition brings together two technology pioneers and thought leaders in the petroleum planning and reserves space and signals an evolution in the way companies plan and manage their core assets. The new 3esi-Enersight solution will provide the world’s oil and gas companies with a unified view of their data, workflows and assets while ensuring that reserves management and asset level decisions are closely linked to corporate level strategy and planning, resulting in significantly improved short-term results and long-term value creation. With over 400 customers worldwide, including NOC’s, Super-Majors and Emerging Operators, no other solution provider is trusted by more energy companies to deliver the reserves evaluations they rely on and the petroleum investment plans critical to shareholders’ success.

We now offer a full range of solutions for upstream planning, from the reservoir to the boardroom:

Greater value and enhanced decision-making for your business

This acquisition is good news for clients of both Energy Navigator and 3esi-Enersight, no matter where in the world you work. Bringing our two companies, and our products, together answers a need that many of our clients have already expressed – the need to integrate engineering, reserves and capital management workflows into the strategic business planning process. By linking asset-level decisions more closely to corporate-level plans, we’ll help our clients make better decisions and deliver on their corporate priorities. Our team is excited to be joining forces with 3esi-Enersight and continuing to deliver on our promise of “A Better Way”.Thank you for your support of Energy Navigator and its products over these last 19 years. Our team looks forward to many more years serving you under the 3esi-Enersight name.

– Boyd Russell, P.Eng., CEO, Energy Navigator Inc.

3esi-Enersight and Energy Navigator have, for many years, shared a common belief that integrating data and workflows provide clients with greater value and enhanced decision-making for their business. By combining our complementary strengths into a single company, we will fulfil 3esi-Enersight’s vision of complete integration of data and workflows from the reservoir to the boardroom, enabling energy companies to plan more effectively and respond faster to market and operational volatility. It also unites two teams of respected experts in the field who will provide a combination of software, service and expertise that is unmatched in the industry.

We look forward to continuing to provide you with best-in-class solutions and expertise that help you add value across your strategy, planning and reserves workflows.

– Wayne Sim, CEO, 3esi-Enersight

Energy Navigator is the creator of Val Nav, the most trusted reserves evaluation and management software, and AFE Nav, the market leading AFE workflows, approvals, and capital tracking system. The Energy Navigator team brings unprecedented expertise in the reserves management space to 3esi-Enersight.

Learn more about these products:

If you are interested in learning more about the benefits this merger will bring the E&P industry, attend the 3esi-Enersight webinar on July 14, “The Value of Integrated Upstream Planning & Reserves Management.”