3esi-Enersight Acquires Aclaro Softworks Inc.
Market leader adds trusted corporate reserves system to its complete solution for Integrated Strategy, Planning and Reserves
CALGARY, Alberta, Dec. 5, 2017 /PRNewswire/ -- 3esi-Enersight, the energy industry's leading provider of solutions for integrated strategy, planning and reserves today announced it has acquired Aclaro Softworks Inc. (Aclaro), creators of the powerful corporate reserves system – petroLook™.
The acquisition of Aclaro further affirms 3esi-Enersight's Reserves Management solution as the oil and gas industry's best choice for Integrated Reserves Life-cycle Management.
petroLook™ is a web-based, scalable and fully configurable Corporate Reserves Management System featuring direct data integration, ad-hoc reporting, and a robust security model. petroLook™ provides customers with flexible reconciliation options, full audit trail and compliance reporting and automated workflows that ensure company reserves processes and results are consistent, accurate and repeatable.
"I am proud to welcome Aclaro to the 3esi-Enersight family," said Wayne Sim, CEO of 3esi-Enersight. "Their talent and experience are a perfect addition to our growing team and petroLook™ is a superb fit into our product suite as 3esi-Enersight expands our reserves management capabilities for complex, international oil and gas operators."
Aclaro was formed in 2000 by a team of industry professionals, led by founder and CEO, Christoph Faig, who wanted to provide better systems for reserves data management and analysis to global energy companies.
"Aclaro has always been on the cutting edge of innovation," said Christoph. "Our solutions have evolved with the industry over the past two decades and are currently relied upon to manage billions of barrels of reserves in companies that range from small independents to Super-Majors."
Christoph went on to say that "No matter the size of the company you are operating, or where your assets are located, you need consistent and accurate management and reporting of reserves to all stakeholders. As part of the 3esi-Enersight team, we will integrate our internationally trusted corporate reserves software into a complete reserves life-cycle management system."
You can learn more about 3esi-Enersight's solution for reserves management on their website at www.3esi-Enersight.com.
About 3esi-Enersight:
3esi-Enersight is the E&P industry's leading provider of solutions for integrated strategy, planning and reserves, trusted by thousands of executives and technical decision makers in companies that include NOCs, Super Majors, Emerging Operators, investors, and consultants. From corporate strategy and planning to operations, capital management and reserves, 3esi-Enersight solutions are deployed in every region of the globe, helping customers make better investment decisions across conventional, unconventional, onshore and offshore assets.
About Aclaro Softworks Inc.
Aclaro is a software development company that delivers Reserves Management systems for the Oil and Gas Industry. Their leading reserves platform, petroLook™ provides customers with comprehensive and flexible reserves workflows, analysis and reporting, integrating data from multiple sources across the organization to paint a complete picture of corporate reserves. From small independents to Super-majors, Aclaro proudly serves a broad range of customers around the globe.
For interviews or more information please contact:
Jeremy Greene, VP Marketing
Email: [email protected]
Or visit www.3esi-Enersight.com.
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petroLook Corporate Reserves Management System
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3esi-Enersight
SOURCE 3esi-Enersight
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