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Jan 25, 2016

Enersight Corp. and Decision Frameworks Form New Strategic Alliance

Houston, TX (January 25, 2016) – Enersight Corporation, the petroleum industry’s most comprehensive oil and gas economics software, and Decision Frameworks,  the industry’s leading Decision Analysis enablement firm, providing decision software, training and consulting, have announced their strategic alliance. As part of the alliance, Decision Frameworks provides a decision tree link to the Enersight software to enable efficient and insightful scenario and uncertainty analysis on the breadth of decision problems modelled in Enersight.

“We are excited to be working with Decision Frameworks,” said Peter Tyler, Enersight USA President, “We are both dedicated to helping oil and gas companies make the best decisions for their business. They have the expertise and technology to make Enersight even more efficient and effective for our customers.”

The goal of the new alliance is to continue to provide the oil and gas industry with the insight required to make the most competitive and cost-effective acquisition and development decisions at every stage of their business. To meet this goal Decision Frameworks TreeTop Enterprise decision tree software is now optimized to integrate with Enersight models. This integration allows for practical uncertainty analysis and quick scenario generation to be incorporated into the Enersight model. This provides clients the ability to understand how sensitive different aspects of their field development affect value, capital requirements and other important decision metrics.

Enersight petroleum planning intelligence software provides the industry with the most accurate continuous forecasts and corporate plans for diverse assets. The alliance with Decision Frameworks takes these benefits a step further by ensuring clients have clear decision frames, quality inputs in their models and structured sensitivities from which to successfully leverage their data to meet company objectives. The result? Better scope, defined options, clarity of impact on important metrics, and in turn better and more efficient evaluations in Enersight.

“The Enersight – Decision Frameworks alliance is exciting,” said Ellen Coopersmith, Decision Frameworks president, “It harnesses the power of Enersight and hastens the expansion of decision quality in the industry via the ability to both frame and perform insightful uncertainty analysis very efficiently. This is something both companies have wanted to do for a long time and together are able to provide a very unique and robust solution.”

Through this alliance, Enersight and Decision Frameworks provide a complete decision quality solution that combines innovative technology with best-in-class services, including implementation, process integration, and desktop to cloud-based support.

Training Opportunity – Insights from Uncertainty Analysis using TreeTop and Enersight

If you’re interested in seeing this powerful integration in action, join other experienced Enersight users on February 23 in Houston to learn how to incorporate uncertainty analysis and decision-based thinking with the use of Enersight models.

Value:

  • Gain more perspective and improve quality of  your analysis.
  • Harness the powerful insights and analytics which can come from Tornado diagrams, uncertainty and decision trees, and cumulative probability curves.
  • Learn how TreeTop works through representative decision problems applicable to your daily work, and extract more value from Enersight as a result.

For more information, contact moc.s1498399081krowe1498399081marfn1498399081oisic1498399081ed@ym1498399081ereJ1498399081 or register here.

About Enersight Corporation

Enersight Corporation provides planning software and expertise for the modern, complex oil and gas industry. Enersight petroleum planning software supports the most comprehensive integrated planning workflow in the industry and helps upstream petroleum producers make competitive and cost- effective decisions at every stage of their business. Founded in 2003, Enersight Corporation operates from offices in the United States, Canada, and Australia, and serves more than 50 oil and gas producers globally. Find out more at www.enersight.com.

About Decision Frameworks

Decision Frameworks is a consulting, training and software firm committed to building and sustaining Quality Decision Making (QDM) within its clients. Decision Frameworks champions QDM with engagements ranging from full implementations to targeted support of in-house teams. Skill development is fostered through hands-on practicums and real-world workshops supported by state of the art Decision Quality software.  Founded in 1999, Decision Frameworks has offices in Houston, Calgary, London and Hamburg and services clients worldwide. Find out more at www.DecisionFrameworks.com.

Media Contacts

For further information: Brittany Bluestein, Global Marketing Coordinator, Enersight USA, 713-489-5600, moc.t1498399081hgisr1498399081ene@n1498399081ietse1498399081ulb.y1498399081natti1498399081rB1498399081

For further information: Jeremy Walker, V.P. Business Development, Decision Frameworks, L.P., 713-647-9736, moc.s1498399081krowe1498399081marfn1498399081oisic1498399081ed@ym1498399081ereJ1498399081