Cyphercrescent

What Cyphercrescent does

CypherCrescent Limited is an indigenous Nigerian energy technology company founded in 2012 and headquartered in Port Harcourt, with a regional office in Aberdeen, United Kingdom. The company builds and sells the SEPAL software platform — a suite comprising SEPAL WRM (well and reservoir management), SEPAL DIAP (drilling and intervention activity planning), SEPAL EPS (enterprise planning/financial reporting) and SEPAL BFS (volume-based business forecasting) — all powered by the proprietary SEPAL Solver mathematical engine developed in-house since 2012 and covering numerical linear algebra, differential-equation and DAE solvers, optimisation algorithms and statistical modelling. The firm also offers standalone products (eSturdi for computer-based testing, Reineur LMS, EHSAT for HSE assessment) and holds a patented modular Gas-to-Liquid Fischer-Tropsch process targeted at Nigerian flared-gas monetisation.

The company's customers are concentrated among Nigerian upstream oil and gas operators, with a named portfolio of more than sixteen E&P companies including NNPC, NPDC, Eroton, Seplat, Aradel, Addax, NAOC/AGIP, Conoil, Heritage, ND Western, Elcrest, Belemaoil and Green Energy, supported by enterprise-style subscription software licences. Revenue also comes from digital services (custom mathematical modelling, simulation and AI/ML projects), professional training programmes (13 production engineering courses at USD 5,600 per participant with a 15-person minimum cohort, delivered across African cities including Kigali, Nairobi and Accra through 2026-2027), SEPAL WRFM certification programmes, and venture studio / innovation services.

CypherCrescent is privately held with no disclosed external funding or parent company. It operates the Energy Technology Institute (ETI) jointly with the University of Port Harcourt for postgraduate training and applied research. The company describes itself as 100% Nigerian-owned and positions around the PentaHelix collaboration model spanning government, academia, industry, civil society and media, with active engagement at forums such as NOTAP NTIS, APPO R&D Roundtable, NCDMB, NAPE, NSE, ICHST at PTI and the Petroleum Commission of Ghana.

Name

Cyphercrescent

Legal name

CypherCrescent

Website

https://cyphercrescent.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

101–250 employees

Short description

CypherCrescent is a Nigerian energy technology company that builds the SEPAL software suite — well and reservoir management, drilling planning, forecasting and financial planning — for upstream oil and gas operators, alongside custom digital services, paid professional training, venture studio programmes and a patented gas-to-liquid technology.

Ownership category

akta.pro rank

Product category

Energy Software / Reservoir Management

NAICS

Custom Computer Programming Services (541511), Software Publishers (51321), Computer Systems Design and Related Services (54151)

SIC

Oil & Gas Field Services, Nec (1389), Services-Computer Programming Services (7371)

akta.pro primary industry

Managed Application Platforms (App PaaS & Runtime Services) (HDABAAAD)

akta.pro secondary industry

Industry/Vertical Cloud Platforms (e.g., Gov/Healthcare/Financial Cloud Regions) (HDABAAAL)

Keywords

• Reservoir management software
• Production forecasting tools
• Petroleum engineering consulting
• Mathematical computing platform
• Energy software development

Headquarters

HQ city

Port Harcourt

HQ country

Nigeria

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Licenses (SEPAL Suite): Commercial software licenses for SEPAL WRM, DIAP, EPS, BFS, and related products sold to E&P operators and energy companies.
2. Training and Certification Programmes: Fee-paying professional training programmes including 13 production engineering courses (USD 5,600 per participant, 5-day courses) and SEPAL WRFM certification programmes (Associate, Professional, Expert levels). Also includes Software Academy, boot camps, and postgraduate programmes through ETI.
3. Digital Services (Custom Development): Custom software development, mathematical modelling, simulation, AI/ML, and optimisation services delivered to businesses, research institutions, and government organisations.
4. Venture Studio and Innovation Services: Start-up incubation, corporate hackathons, and innovation challenge services for entrepreneurs, startups, and corporate organisations.
5. Petroleum Engineering Studies: Engineering research and consulting services including asset management operations, project financing support, and FDP development for E&P operators.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

CypherCrescent develops and sells the proprietary SEPAL software suite, a cloud-based platform with integrated modules (SEPAL WRM, SEPAL DIAP, SEPAL EPS, SEPAL BFS) for well & reservoir management, drilling activity planning, enterprise financial planning, and production forecasting in the oil & gas industry. The company also delivers energy consulting and petroleum engineering studies, custom digital/AI/ML software development, professional training and SEPAL WRFM certification programmes, and venture studio innovation services for startups and corporates.

Product overview

Cyphercrescent offers SEPAL, a proprietary software platform with multiple integrated modules for the energy industry. The SEPAL suite includes SEPAL WRM (Well & Reservoir Management) for end-to-end asset management workflows, SEPAL DIAP (Drilling and Intervention Activities Planner) for scheduling optimization, SEPAL EPS (Enterprise Planning System) for financial planning, and SEPAL BFS (Business Forecasting Solution) for production forecasting. These are complemented by standalone products including eSturdi for computer-based testing, Reineur for learning management, and EHSAT for HSE assessment. All SEPAL products are powered by the company's proprietary SEPAL Solver mathematical engine.

Differentiator

Problem solved

Functional benefit

Brands

• SEPAL WRM: Cloud-based well and reservoir management platform for end-to-end WRFM workflows
• SEPAL DIAP
• SEPAL EPS
• SEPAL BFS
• eSturdi
• EHSAT
• Reineur
• SEPAL Solver

Products and services

• SEPAL WRM (Well & Reservoir Management) Cloud-based platform delivering end-to-end well and reservoir management workflows. Connects people and data to streamline collaboration, optimise field performance, and achieve WRFM goals through a unified database, automated workflows, well integrity management, and the SOMA NLP chatbot assistant.
• SEPAL DIAP (Drilling and Intervention Activities Planner) Digital sequence optimisation solution for E&P companies to manage integrated well activities schedules effectively and efficiently. Enables stakeholders to co-create activity schedules, track execution, monitor progress, and control integrated well activities, simplifying scheduling complexities and minimising cost and time overruns.
• SEPAL EPS (Enterprise Planning System) Robust financial reporting and budget analysis application that empowers companies to make informed financial decisions for business growth through asset management and cashflow analysis. Designed for big-data companies.
• SEPAL BFS (Business Forecasting Solution) Volume-based production forecasting tool that generates realistic, transparent, and auditable business forecasts by integrating production systems with commercial, regulatory, economic, and operational constraints. Deployed to 4+ E&P firms covering 300+ drainage points with 30+ software users.
• eSturdi (CBT Platform) Next-generation computer-based testing platform designed to simplify exam creation, scheduling, and administration for training institutes and enterprises, with features for candidate management and result reporting.
• Reineur (Learning Management System) Digital multi-ecosystem platform for facilitating research and collaboration across students, facilitators, and administrators in the energy sector, designed to enhance workplace safety through competency building and proactive risk mitigation.
• EHSAT (Environmental Health & Safety Assessment Tool) Comprehensive platform for educating employees and conducting assessments on health, safety, and environmental practices, featuring competency building, gap identification, and cost avoidance through proactive risk mitigation for HSE compliance.
• SEPAL Solver Proprietary mathematical computation engine providing numerical linear algebra, differential and index-2 DAE solvers, optimization algorithms (linear/non-linear/constrained/unconstrained), statistical modelling, uncertainty analysis, dynamic simulation, and time-series forecasting. General-purpose and embeddable via .NET C# scripting.
• Gas-to-Liquid (GTL) Patented Technology Patented modular Gas-to-Liquid technology leveraging the Fischer-Tropsch process to convert flared gas into cleaner liquid fuels, supporting Nigeria's Decade of Gas agenda and zero-flare objectives.
• Learning Services (Professional Training and Certification) Fee-paying professional training programmes including 13 production engineering courses (USD 5,600 per participant, 5-day courses, minimum 15 participants), SEPAL WRFM certification programmes (Associate, Professional, Expert levels), Software Academy, boot camps, and postgraduate programmes through the Energy Technology Institute (ETI) in partnership with the University of Port Harcourt.
• Digital Services (Custom Software, Mathematical Modelling, AI/ML, Simulation) Custom software development, mathematical modelling, simulation, AI/ML, data analytics, and optimisation services delivered to businesses, research institutions, and government organisations across industrial sectors.
• Petroleum Engineering Studies (Energy Services) Engineering research and consulting services including asset management operations, project financing support, and Field Development Plan (FDP) development for E&P operators, delivered with 15 years of ecosystem experience.

Quantifiable outcome

• 94% reduction in time spent preparing for asset reviews — from 2 days per well to 1 hour per well (NNPC)
• +3 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature12 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• University of Port Harcourt — Energy Technology Institute (ETI)coreStrategic or Co-development PartnerStrategic collaboration between University of Port Harcourt and CypherCrescent Limited dedicated to energy research and innovation. ETI delivers hands-on, industry-driven postgraduate training (MEng/MSc, Diplomas, Short Courses) aligned with SDGs 4, 7, 9, and 13. CypherCrescent contributes technical teams, domain expertise, and software tools to the institute.
• SPE Abuja SectionminorStrategic or Co-development PartnerCypherCrescent graduate trainees delivered a technical session on PVT Analysis at the SPE Abuja Section Student Affairs Skills Development Series, contributing to knowledge transfer and industry-academia bridging.
• SPE BUK Student ChapterminorStrategic or Co-development PartnerCollaboration with SPE BUK Student Chapter on Career Fair 1.0 (February 2026), focused on bridging academic learning and real-world energy industry expectations.
• NOTAP (National Office for Technology Acquisition and Promotion)coreStrategic or Co-development PartnerCypherCrescent participated in NOTAP Technology and Innovation Summit (NTIS) 2025, with Dr. Nadia Al-Banna serving as a panelist on Project NOVA. Project NOVA aims to accelerate R&D commercialisation, digital skills development, and tech entrepreneurship in Nigeria.
• University of Calabar (UNICAL)coreStrategic or Co-development Partner5-day intensive training programme on SEPAL SOLVER and SEPAL WRM software delivered to UNICAL staff and students. Part of ongoing industry-academia collaboration aimed at sustainable knowledge exchange and applied research.
• Venture Studio ForumminorStrategic or Co-development PartnerCypherCrescent Venture Studio is a proud member of the Venture Studio Forum, a global network of venture studios sharing resources, methodologies, and best practices for startup development.
• NCDMB (Nigerian Content Development and Monitoring Board)coreStrategic or Co-development PartnerCypherCrescent was commended by NCDMB for contributions to local content development and technology innovation during the APPO R&D Roundtable in Congo Brazzaville. NCDMB continues to recognise and encourage indigenous R&D capacity.
• APPO (African Petroleum Producers' Organisation)coreStrategic or Co-development PartnerCypherCrescent participated in APPO R&D Roundtable in Congo Brazzaville and Africa Local Content Conference (CECLA 2025), championing the Venture Studio model for transforming research and local innovations into scalable ventures across Africa.
• Petroleum Training Institute (PTI) NigeriacoreStrategic or Co-development PartnerCypherCrescent received the Strategic Partnership Excellence Award at ICHST 2025, hosted by PTI. The conference explored emerging technologies and sustainable practices shaping global energy's future.
• NAPE (Nigerian Association of Petroleum Explorers and Other Operators)coreStrategic or Co-development PartnerActive participation in NAPE Annual International Conference & Exhibition (43rd edition), TechBusiness Forum, and YP EnergyTech Pitch-A-Ton Competition. CypherCrescent CEO spoke on technology investments that transform ROIC in Nigerian assets.
• NSE (Nigerian Society of Engineers)coreStrategic or Co-development PartnerActive participation in 2025 NSE International Conference, Exhibition & AGM themed 'Engineering Innovation for a Sustainable Blue Economy'. CypherCrescent team delivered presentations on computational modelling, digital twins, and innovation entrepreneurship.
• Petroleum Commission, GhanaminorStrategic or Co-development PartnerDr. Nadia Al-Banna delivered a keynote at the Local Content Conference and Exhibition in Ghana, organised by the Petroleum Commission, on leveraging the Triple Helix model to accelerate flared gas monetisation.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Ikon Science: Ikon Science sells RokDoc and related reservoir geophysics and engineering software. It is comparable to CypherCrescent in delivering reservoir-oriented technical software and digital services to E&P operators.
• Aspen Technology: Aspen Technology provides DMC-based process optimization, simulation, and asset performance software for energy and process industries. AspenTech's production optimization and forecasting products closely overlap with CypherCrescent's SEPAL Solver and SEPAL BFS.
• Petroleum Experts (Petex): Petex supplies PROSPER, MBAL, and GAP well-and-reservoir modeling tools widely used in production operations. Petex is a direct technical analog to CypherCrescent's PVT, nodal analysis, and material balance functionality within SEPAL.
• Quorum Software: Quorum provides upstream oil & gas software for production operations, accounting, and resource planning. It targets the same E&P operators as CypherCrescent and competes on analogous production and forecasting workflows.

Broad incumbents

• AVEVA: AVEVA delivers industrial software (PI System, AVEVA Enterprise SCADA) for asset-intensive industries. Comparable to CypherCrescent's data unification and asset performance monitoring capabilities around operational data and digital twins.
• Halliburton Landmark: Halliburton's Landmark division offers DecisionSpace and iEnergy for subsurface, drilling, and production workflows — directly comparable to SEPAL WRM and DIAP in the same E&P buyer category.
• Kongsberg Digital: Kongsberg Digital offers digital twin and industrial software including Kognitwin and K-Eyes for energy and process industries, with a comparable focus on data integration and optimization for asset-heavy operators.
• Emerson: Emerson's Paradigm and E&P software portfolio addresses reservoir modeling and production operations as part of a broader industrial automation offering — overlapping with SEPAL WRM and SEPAL BFS in E&P data management and forecasting.
• SLB (Schlumberger): Global oilfield services and digital leader operating the Delfi E&P platform for well, drilling, and reservoir management. Direct functional overlap with CypherCrescent's SEPAL WRM, DIAP, and BFS products across global E&P operators.

Emerging players

• Tau Group: Tau Group is an energy-focused software and services firm delivering reservoir engineering and asset management solutions. It is comparable to CypherCrescent as a smaller specialist competitor in the upstream digital software niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/cyphercrescent
• Facebookfacebook.com/cyphercrescentng

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cyphercrescent