ControlSoft, Inc. has announced that it has acquired eSimulation, Inc. and its joint venture partner, DxT3, Inc.
eSimulation, Inc., based in Houston, Texas, is a supplier of midstream natural gas gathering and processing cloud-based software solutions that reportedly predict the effects of operational and business performance based on fluctuating market and asset conditions. The solutions also provide prescriptive guidance to optimize profitability under all market and asset conditions. eSimulation’s optimization solutions have been applied to over 50 natural gas processing units since the company’s inception in 2000. eSimulation also provides cloud-based digitalization technology that streamlines upstream and midstream gathering businesses to help reduce the effort required to manage these assets.
eSimulation solutions include:
eSimEvaluator – a business modeling platform that models midstream businesses from the wellhead across gas gathering and compression systems and through to multi-plant super systems to optimize the entire midstream business on a daily basis
eSimOptimizer - a detailed, model-based solution to optimize product recoveries versus the energy required to extract natural liquids (NGL’s) at current commodity prices and on a near real-time basis for gas processing plants. The Process Safety and Surveillance module provides additional value by monitoring the gas plant to identify process equipment problems early to avoid safety incidents and possible shutdowns
eSimGathering – along with its FieldSync mobile application captures wellhead, compression, and gathering field data on a laptop, Android, or iOS device. eSimGathering applications include the Condensate Inventory Management system, Pig Tracking application, Greenhouse Gas Monitoring system, and the Oil and Gas Volume Tracker for loss management
DxT3, Inc., based in Pittsburgh, Pennsylvania, is an exclusive licensee and joint venture partner of eSimulation that focuses on developing market channels for eSimulation product offerings within the Appalachian Basin.
Through this acquisition, eSimulation can offer a wider range of value-added solutions to the midstream and upstream industries. For example, ControlSoft’s MANTRA advanced process control (APC) platform can help stabilize gas plants, condensate stabilizers, and fractionation facilities and enable operators to effectively hit optimization targets. Furthermore, ControlSoft’s INTUNE+ control loop performance monitoring (CLPM) software will help operators evaluate control health to sustain optimal performance. These solutions complement eSimulation’s in-plant optimization solutions.