Resource Energy Solutions
- Company typePrivate
- Founded1999
- HeadquartersCalgary, Canada
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
Resource Energy Solutions firmographics
Firmographics- Name
- Resource Energy Solutions
- Legal name
- Resource Energy Solutions Inc.
- Website
- https://resourceenergysolutions.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Resource Energy Solutions industry classification
Industry- Product category
- Oil & Gas Well Lifecycle Data Management Software
- NAICS
- Software Publishers (513210), Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Natural Gas Risk Management, Analytics & Back-Office (ETRM/CTRM) (EUAGAGAJ)
- akta.pro secondary industry
- Forecasting & AI Optimization for Flexibility (Load/Price/Renewables/SoC) (EUAFAKAH)
Keywords
Where Resource Energy Solutions is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Resource Energy Solutions business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others
Revenue model
- SaaS Software Subscriptions: Cloud-based software-as-a-service subscriptions with optional deployment. Provides recurring revenue through annual or multi-year contracts with tiered access to well lifecycle management, risk management, and compliance platforms.
- Software Licenses: Perpetual or term-based software licenses available alongside SaaS options for enterprise deployments.
- Professional Services: On-site consulting services, hands-on training, and implementation support bundled with software deployment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS subscription with full platform access |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
Resource Energy Solutions product offering
Product offeringCore offering
Resource Energy Solutions develops and sells cloud-based SaaS software for managing the full well and project lifecycle in the oil and gas industry. Its integrated suite (TORC, Wellman NextGen, AFE Manager, Midstream Manager, RES Cloud, eWIPS, eWCAT, and Drill.ai) covers drilling operations, well integrity, regulatory compliance, capital and operational asset tracking, and real-time drilling risk management for operators, regulators, and service companies globally.
Product overview
Resource Energy Solutions provides a portfolio of integrated software solutions for the energy industry covering the full well and project lifecycle. The core offerings include TORC (enterprise risk management for well integrity and regulatory compliance), Wellman NextGen (well lifecycle data management), AFE Manager (capital and operational asset tracking), Midstream Manager (project lifecycle management), and RES Cloud (cloud infrastructure). Additional specialized tools include eWIPS (well integrity/process safety), eWCAT (well control assurance), and Drill.ai (real-time drilling AI assistant). The platform supports upstream, midstream, and downstream operations, as well as renewable energy sectors, and is available via cloud-based SaaS licensing.
Differentiator
Problem solved
Functional benefit
Brands
- TORC: Enterprise Risk Management platform for well operations addressing well integrity, liability, environmental management, regulatory compliance, and risk management.
- Wellman NextGen
- AFE Manager
- Midstream Manager
- RES Cloud
- Ewips
- Ewcat
Products and services
- TORC (Total Operations Risk And Control) Enterprise risk management platform providing a 360-degree view of all well operations with workflow, database and reporting functions. Addresses well integrity, liability, environmental management, regulatory compliance, and risk management across drilling, completions, SCVF/GM, well testing, suspension, packer isolation, abandonment, downhole work, and field inspection for oil and gas operators and regulators.
- Wellman NextGen Cloud-based well lifecycle data management system providing reporting and analytics for drilling, completion, well intervention, abandonment, construction, well pad construction, cleanup, pipeline, facilities, maintenance, and reclamation/remediation activities. Designed for oil and gas operators and service companies needing a single source of well data with Power BI integration.
- AFE Manager Comprehensive capital and operational asset-tracking workflow system available in Oil & Gas Edition and Regulator Edition. Orchestrates planning, administering, reviewing, approving, budgeting, and tracking processes, delivering cost management efficiencies and accountability throughout the entire financial lifecycle for oil and gas operators and regulators.
- Midstream Manager Project lifecycle software solution that tracks project performance, planning, and execution from start to finish for midstream operators. Monitors, controls, and reports all field and office costs and daily activities across construction, clean-up, maintenance, reclamation, and remediation phases.
- RES Cloud Cloud infrastructure platform providing cloud solutions for the energy and renewable industry, enabling seamless data capture, dataflow, and data accessibility from anywhere with online or offline access for energy operators, regulators, and renewable projects.
- eWIPS (Ewips) Web-based well integrity management and process safety software that ensures 24/7/365 monitoring of wells, supports onshore, offshore, and subsea wells, and identifies well integrity issues in real time. Designed for operators needing continuous well integrity assurance.
- eWCAT (Ewcat) Web-based well control assurance tool for planning, managing, and executing well control operations to ensure safety of people and environment. Includes configurable compliance rule sets, data quality assurance processes, and well control inventory and equipment certification management.
- Drill.ai Real-time drilling AI assistant, patented in the US, Canada, and Mexico, that compares live drilling parameters against historical data to alert teams about formation changes, mud density, bit life, downhole pressure behavior, and potential blowouts. Provides second-by-second drilling guidance to enhance safety and decision-making on the rig.
Quantifiable outcome
- 30% reduction in delays through centralized data and automatic field-to-office updates
- +1 more outcomes
Companies that use Resource Energy Solutions
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
Resource Energy Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability7 records
Feature6 records
Resource Energy Solutions partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered regional, strategic, core, major and minor.
- Intarget PetroleumregionalRegional sales agent representing RES in Egypt, extending market reach into North Africa and Middle East markets.
- SAIT Polytechnic (MacPhail School of Energy)strategicEducational partnership with software donation valued at $1.5-3 million for Wellman and AFE Manager software. Supports Energy Asset Management (EAM) program training with industry-standard software in 7 of 20 required courses. Includes ongoing scholarship and bursary programs.
- Microsoft Partner NetworkcoreRES is a Certified Microsoft Partner, leveraging Microsoft technology infrastructure for cloud-based software delivery. Partnership provides technology foundation for SaaS platform deployment.
- AWS Partner NetworkcoreAmazon Web Services partner providing cloud infrastructure for RES software solutions. Enables scalable cloud deployment for global customer base.
- ErazemajorPartnership for eWIPS and eWCAT products (well integrity management and well control assurance). Eraze logo appears on partners page with integrated product offerings.
- Bow Valley CollegeminorEducational institution partnership supporting workforce development in energy sector with software tools and training resources.
Scale indicators5 records
Recent moves10 records
Expansion highlights6 records
Resource Energy Solutions competitors and assessment
Company assessmentDirect peers
- Peloton Computer Enterprises: Peloton is a long-standing competitor in oil & gas well data and production management software, offering a comparable lifecycle-data platform to upstream operators and overlapping head-to-head with Wellman NextGen.
- P2 Energy Solutions: P2 provides operations, accounting, land, and production software to upstream oil & gas operators, directly overlapping with RES's AFE Manager and Wellman capabilities in cost tracking and lifecycle data.
- EnergySys: EnergySys delivers cloud-native oil & gas operations and production data software, competing closely with RES's cloud-based lifecycle and cost-management stack for upstream operators.
- Enertia: Enertia offers upstream oil & gas accounting, operations, and production software, directly comparable to RES's AFE Manager and Wellman NextGen for E&P operators.
- W Energy Software: W Energy provides cloud oil & gas accounting and operations software, addressing similar well-lifecycle, cost-tracking, and AFE workflows as RES's AFE Manager and Wellman.
- Aries (Enverus): Aries, now part of Enverus, delivers oil & gas accounting, production, and revenue software for operators — directly comparable to RES's accounting-and-cost-tracking stack.
- iPoint Global: iPoint Global provides upstream data management and operational reporting software for oil & gas operators, with overlapping well-data, compliance, and reporting capabilities to RES's platform.
- Quorum (Valiant Solutions): Quorum provides ERP, production, and accounting software to oil & gas operators, competing for the same enterprise procurement budgets as RES's integrated lifecycle stack.
Broad incumbents
- Landmark (Halliburton): Halliburton's Landmark offers a much broader E&P software suite (DecisionSpace, etc.) covering geoscience, drilling, and production — competing with RES as part of a larger portfolio rather than as a focused specialist.
- SLB (Schlumberger): SLB delivers enterprise oilfield services and a wide portfolio of digital and E&P software solutions, overlapping with RES's drilling and lifecycle management offerings but as part of a much larger, diversified platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Resource Energy Solutions social profiles
Digital presenceResource Energy Solutions compliance and trust
Trust signalCompliance2 records
Resource Energy Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Resource Energy Solutions leadership team
Management profileNumber of profiles
Profiles4 records
Resource Energy Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Resource Energy Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Resource Energy Solutions
What does Resource Energy Solutions do?
Resource Energy Solutions develops and sells cloud-based SaaS software for managing the full well and project lifecycle in the oil and gas industry. Its integrated suite (TORC, Wellman NextGen, AFE Manager, Midstream Manager, RES Cloud, eWIPS, eWCAT, and Drill.ai) covers drilling operations, well integrity, regulatory compliance, capital and operational asset tracking, and real-time drilling risk management for operators, regulators, and service companies globally.
Is Resource Energy Solutions a public or private company?
Resource Energy Solutions is a private company. It is classified as unknown and is currently operating.
When was Resource Energy Solutions founded?
Resource Energy Solutions was founded in 1999. It employs 101 to 250 people.
Where is Resource Energy Solutions based?
Resource Energy Solutions is headquartered in Calgary, Canada, in the North America region.
How does Resource Energy Solutions make money?
Three revenue lines are on record. SaaS Software Subscriptions are the primary driver. The others are software Licenses and professional Services.
Who are Resource Energy Solutions's main competitors?
Direct peers on record are Peloton Computer Enterprises, P2 Energy Solutions, EnergySys, Enertia, W Energy Software, Aries (Enverus), iPoint Global and Quorum (Valiant Solutions). Broad incumbents are Landmark (Halliburton) and SLB (Schlumberger).
Does Resource Energy Solutions have an API?
No public API is recorded for Resource Energy Solutions.
What industry is Resource Energy Solutions in?
Resource Energy Solutions's product category is Oil & Gas Well Lifecycle Data Management Software. Its primary akta.pro industry code is EUAGAGAJ, Natural Gas Risk Management, Analytics & Back-Office (ETRM/CTRM), with a secondary code of EUAFAKAH, Forecasting & AI Optimization for Flexibility (Load/Price/Renewables/SoC). Its NAICS code is 513210 and its SIC code is 7372.