PakEnergy, LLC, a provider of business automation and performance optimisation solutions for the energy industry, has announced the acquisition of Petrosight, Inc., a provider of advanced well management software. This acquisition aims to reinforce PakEnergy’s position as a single-source provider of end-to-end well-lifecycle management solutions from site planning and construction to drilling, production, workovers, and decommissioning.
Petrosight’s cloud-based wellsite management technology was designed by oilfield engineers for oilfield engineers and field supervisors to bridge the data and reporting gap between the field and the office. The system aims to simplify complexity in drilling well management, enabling customers to capture, analyse, and act on well data with ease, precision, and efficiency. It organises drilling well lifecycle data into four modules, including drilling, completions, facilities and pipelines, and environmental and reclamation.
Santosh Nanda, CEO of Pakenergy commented: "PakEnergy is dedicated to empowering energy operators with easy-to-implement and adopt solutions that meet real-world challenges. The Petrosight system addresses the critical need for timely well data and perfectly complements our land management, field data capture, and accounting systems. With the addition of these powerful well data management capabilities, we can now deliver unparalleled visibility and control across the well and capital project lifecycle, ensuring our customers have the tools to lead and succeed in the ever-changing oil and gas sector."
Christian Gillis, Managing Director of Petrosight commented: "From day one, Petrosight’s mission has been to deliver efficient, user-friendly solutions that simplify the complexities of well management and drive measurable results by joining PakEnergy, we gain access to their robust infrastructure and outstanding technical expertise, enabling us to accelerate product innovation and bring integrated resources to our customers faster.
Mayur Desai, Managing Director at Charlesbank Capital Partners, PakEnergy’s private equity partner, commented: "The addition of Petrosight marks a significant milestone in the PakEnergy journey and strengthens the company’s ability to provide a unified platform that enhances collaboration, accelerates decision-making, and drives operational excellence. Whether managing a single well or an extensive portfolio, PakEnergy now delivers the tools to optimise every phase. From initial planning to final reclamation, PakEnergy is the ultimate partner for well lifecycle success."
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/08012025/pakenergy-acquires-well-management-software-provider-petrosight/