Press Release: 3esi-Enersight and GLJ Petroleum Consultants Partner to Develop Next Generation Oil & Gas Reserves Software

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Press Release: 3esi-Enersight and GLJ Petroleum Consultants Partner to Develop Next Generation Oil & Gas Reserves Software

3esi-Enersight and GLJ Petroleum Consultants Partner to Develop Next Generation Oil & Gas Reserves Software

CALGARY, Alberta, Aug. 3, 2017 /PRNewswire/ -- 3esi-Enersight, the leading provider of solutions for integrated strategy, planning and reserves in the oil and gas industry, today announced they have formed a partnership with GLJ Petroleum Consultants Ltd. (GLJ), a leading energy resource consulting firm, to develop a next generation oil and gas reserves evaluation and management solution.

Over the next year, 3esi-Enersight will enhance its existing Reserves Management solution with new evaluation, analytic and reporting capabilities, working in collaboration with GLJ. The initial focus for the partnership is expected to be in the areas of intelligent automation, expanded petroleum data analysis capabilities, reserves compliance reporting and evolving the way in which uncertainty is captured and evaluated.  

"Our partnership with GLJ is a unique collaboration in the upstream planning space that will serve to rapidly advance our market-leading software solution, supported by world-class subject matter expertise and industry experience in the reserves management and reporting space," said Wayne Sim, CEO of 3esi-Enersight. "Following our acquisition of Energy Navigator, creators of Val Nav™ Reserves evaluation, management, and forecasting software, we see this as the next material step in building on our market-leading platform for integrated petroleum planning and reserves to serve the needs of operators, evaluators, and other industry stakeholders."

"This partnership has compounding benefits and reinforces our commitment to achieving superior results for our clients through continuous improvement and innovation," said Jodi Anhorn, Chief Operating Officer at GLJ. "We are excited to work with the innovators at 3esi-Enersight to explore and build this next generation of technology for reserves management."

Caralyn Bennett, Chief Strategy Officer at GLJ said, "By bringing together the leading insights of GLJ and 3esi-Enersight, we will empower our clients and their stakeholders with a reserves solution that is a step ahead of existing proprietary and commercial offerings – one with tremendous capability and next-level technology."

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.

With over 400 customers worldwide, no other solution provider is trusted by more oil and gas companies to deliver the reserves evaluations they rely on and the petroleum investment plans critical to shareholders' success. For more information, please visit 3esi-Enersight.com.

About GLJ Petroleum Consultants
GLJ Petroleum Consultants exists to empower our people, our clients, and their stakeholders. Our independent reserves evaluation and petroleum consulting services instill the confidence required to help make sound business decisions.

We believe in building relationships, and that trust and learning from one another create the real value required to elevate a business. We've combined our technical excellence and industry knowledge with the deep insights of our clients in Canada and around the globe for more than 45 years to become one of the largest evaluation companies in the world. For more information, please visit gljpc.com

Press Contact Info:
Jeremy Greene
Vice President, Marketing, and Communications at 3esi-Enersight
info@3esi-Enersight.com

Tyler Schlosser
Director, Economics and Risk at GLJ Petroleum Consultants
info@gljpc.com