PakEnergy Acquires Plow Technologies
- August 26, 2024
- William Payne
Energy industry automation specialist PakEnergy LLC has acquired Plow Technologies, a provider of digital automation and cloud/SCADA software, including the OnPing platform.
The acquisition is intended to strengthen Delaware-based PakEnergy’s software suite and enhance its ability to provide end-to-end systems that automate the flow of information from the oil field to the back office and between partners, owners, and investors.
Plow Technologies is the creator and provider of OnPing, a cloud SCADA platform for oilfield applications and manufacturing. The product is designed to simplify the creation and management of automation systems and ensure reliability and integration with various devices and systems. It features drag-and-drop configuration, real-time polling, and mobile accessibility, allowing users to monitor, manage, and control their operations from anywhere.
PakEnergy will continue to offer, support, and extend Plow Technologies’ broad range of products and highly sought-after business transformation and consulting services to the marketplace.
“This is an exciting development for PakEnergy and our customers as we expand our portfolio of performance-enablement solutions with Plow’s industry-recognised SCADA systems and workflow automation capabilities,” said Santosh Nanda, Chief Executive Officer of PakEnergy. “This acquisition allows us to deliver immediate added value to the marketplace, particularly for our production customers, as Pak Production is already fully integrated with Plow’s OnPing SCADA platform. While we will continue to support various integrations to meet customer needs, the Pak Production and OnPing solution offers a single-source option for companies looking to optimise business automation processes, minimise risks, and drive greater profitability.”
“PakEnergy has worked closely with the Plow team for over 10 years, co-developing industry-aligned solutions and partnering to deliver premier customer experiences,” Ryan Lailey, Chief Product Officer of PakEnergy, commented. “With this deal, our combined teams are positioned to collaborate on a deeper level. We look forward to the innovation that lies ahead and to broaden PakEnergy’s suite of business automation software programs for the oil and gas and renewable energy industries.”
“This move to combine efforts was a logical next step to amplify the value we collectively bring to our customers of all sizes,” said Scott Murphy, Managing Partner and Co-Founder of Plow Technologies. “Our SCADA expertise, combined with Pak Production’s incredible field data capabilities, is increasingly in demand. This transaction will allow us to deliver these capabilities to a wider audience and spur additional R&D investment as we combine the full Plow product line with PakEnergy’s upstream, midstream, and renewables software solutions.”