Scandoil  

Westwood Global Energy Group Expands North American Offering for the Unconventional Market


Published Apr 11, 2017
[an error occurred while processing this directive]

Edit page New page Hide edit links

Westwood Global Energy Group logo

Westwood Global Energy Group, the private equity-backed group of energy research, analysis and consulting companies, has announced the acquisition of Houston-based market research firm, Energent Group Software LLC. Westwood’s strategic vision is to create best-in-class solutions for its customers. The addition of Energent’s information and analytics platform, plus industry specialist analyst team expands significantly Westwood’s capabilities in the onshore US market.

The acquisition is a key step and brings to the fold proprietary and detailed well-lifecycle data that includes drilling pad trends, well completions metrics, frac sand, and downhole chemicals complemented by insightful analysis and interpretation. Gavin Prise, Chairman of Westwood Global Energy Group explained; “The acquisition of Energent is an important step in the formation of Westwood, as developing our presence and capability in the US market is a principal component of our vision.

“Energent’s shared values and approach to research makes them an ideal partner for us. Also, Energent’s powerful platform and rich information analytics paired with Westwood’s market forecasting provides a strong proposition. This is a truly exciting step for the Group and our strategic vision to create best-in-class solutions for our customers.”

Todd Bush, Founder of Energent comments, “We set out with a vision to build a market intelligence offering tailored to unconventional Oil & Gas clients. Our goal was simple; to offer data, analysis, and insights beyond other solutions available today. Through that journey, we have found a partner who shares our vision, and can assist with deepening and accelerating the delivery of that vision to the benefit of our oilfield service and operator clients. The combination of Westwood and Energent will create a powerful offering for gaining data-driven insights into the US shale market and we are excited about the potential.”

Tags: Energent Group Software LLC, Westwood Global Energy Group




Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml