Last updated on April 18, 2014 at 1:21 EDT

Enersight(TM) Announces New Software Modules for their Petroleum Planning System

January 9, 2013

CALGARY, Jan. 9, 2013 /PRNewswire/ – Enersight Corp., a leading global provider
of Field Development Planning Software for oil and gas, has just
released two new modules to expand the functionality of their planning

At the corporate level, Enersight provides insights that help the
executive team make sound strategic decisions governing the company’s
operating assets. Enersight Enterprise integrates previous plan iterations with results – reserves,
production, cash flow, NPV and more – within and among the fields, and
over time.

This workflow enables differential analysis and creates a powerful
strategic planning tool that helps you provide clear direction to your
business units and guides your next round of field development
activities. Enersight Enterprise, in short, gives you the opportunity
to understand and achieve your business targets.

On the operational side, Enersight’s Drilling and Completions Scheduling module is designed to help your team perform smooth, efficient planning
for all the pre-drilling steps (including land access, well licensing,
site construction, seasonal restrictions, etc.), rig scheduling, and
fracturing. These tasks are key to minimizing spud-to-on-stream times
and generating the per-well capital efficiencies and production targets
your company is striving to achieve.

Together with Enersight’s Planning System, the Scheduling module ties
together the short term plan with the medium and long term view -
answering the question, “How do the schedule changes impact my exit
volumes and long term plan?”

About Enersight

Planning and operations teams at some of the world’s largest and most
technically adept energy producers are using Enersight. We model oil
and gas projects from onshore to offshore – including massive
unconventional projects. Any producer that wants to instill a
structured development planning process with powerful planning and
analysis capabilities can benefit from using Enersight.

SOURCE Enersight Corp

Source: PR Newswire