aucerna acquired micotan software

Aucerna Acquires Micotan Software

 

We are excited to announce that Aucerna has acquired Micotan software, creators of the popular well lifecycle management tool, Generwell™.

With this acquisition, we are bringing added capability to our well delivery execution solution and expanding our market leadership in the areas of integrated capital management and operational planning for the E&P industry.

The team at Micotan possesses unmatched experience and expertise in the field of well delivery planning and execution. Generwell was built on that experience, and today represents nearly two decades of operator-driven innovation.

- Wayne Sim, CEO of Aucerna

 

Micotan was founded in 2002 with a mission to solve the major data management, workflow and communication problems that still affect many operators in upstream oil and gas. Today, more than twenty-five petroleum companies rely on their software across North America.

“Micotan’s success is rooted in innovative technology and amazing customer experiences. Our passion for service is shared by the Aucerna team. We also share the same vision, to transform the E&P industry by breaking down departmental silos and connecting people, data and workflows across the organization. Aucerna is tackling this problem head on, and we are proud to now be a part of turning that steadfast vision into reality.”

- Chris McPhee, President, Micotan Software

 

Aucerna will be converging the functionality of our next generation capital management and operational planning platform, Aucerna Execute, with Generwell™ to form a single cloud based solution. And we will continue to maintain and support Generwell™ implementations for the foreseeable future.