Lambda Selects W Energy Software
Lambda Energy Resources selected W Energy Software's Gas Gathering and Plant Processing modules for its cloud-based, cost-effective, and user-friendly ERP platform to support expansion of its Kalkaska wet gas processing plant operations, citing superior functionality, self-service reporting, and a unified midstream solution that outperforms legacy vendors and enables growth with a lean IT team.
W Energy Software, a leader in upstream and midstream oil & gas SaaS ERP solutions, announced that Lambda Energy Resources (Lambda) has signed software licenses for its Gas Gathering and Plant Processing software modules. Lambda selected W Energy Software due to favorable licensing, self-service reporting, and a superior user experience. This move is part of a broader trend of midstream companies switching from legacy software vendors, with W Energy Software now holding over 40% market share for plant processing.
“In order to grow our gathering operations, we needed broader functionality and cost containment than our plant accounting software vendor could provide.”
-Ben Gaw, VP of Information Technology, Lambda
Ben Gaw, Vice President of Information Technology at Lambda, explained that the company sought to improve return on IT investments and business performance. Lambda operates the Kalkaska wet gas processing and fractionation plant in Michigan, with a capacity of 75 MMcf per day. As Lambda aimed to expand its gas gathering capacity through acquisition, it found that extending its existing plant accounting software was cost-prohibitive. The company wanted a cloud-based solution with modern technology, lower licensing fees, and a better user experience. W Energy Software was chosen to provide easy data access for gathering and plant accounting, enabling Lambda to grow with a lean team.
Reasons for selecting W Energy Software include:
- Category-leading midstream solutions, continuous innovation, and superior service compared to legacy providers.
- A comprehensive and unified midstream ERP platform with a consistent user experience across gathering and plant processing workflows.
- Self-service reporting for quick access to data and KPIs across plants and gathering systems in one intuitive interface.
- Modern, cloud-optimized applications that reduce total cost of ownership and enable scalability with a lean team.
Pete Waldroop, former CEO of W Energy Software, thanked Lambda for choosing their solutions, highlighting the tangible business value and operational benefits. He noted that more than 20 recent replacements of legacy plant accounting software vendors have contributed to W Energy Software's accelerating market share growth in gas processing and other midstream segments.
“Our midstream and upstream winning streak adds incredible momentum as we head into W Energy Software’s annual user conference, WE CONNECT 2021, this week where clients from across the energy value chain come together to learn how we’re making even more possible through relentless innovation.”
-Pete Waldroop, Former CEO, W Energy Software
About W Energy Software
Headquartered in Tulsa, Oklahoma, W Energy Software offers the oil & gas industry’s only unified ERP solution built for the cloud, relied on by more than 130 upstream and midstream companies. Their platform accelerates business performance, improves operational efficiency, and drives down costs. W Energy Software provides a unified upstream and midstream ERP platform to seamlessly track oil, gas, and NGL from the wellhead through transportation and marketing, eliminating data silos and reducing the burden and costs of maintaining multiple systems. The platform is designed for flexibility, affordability, and continuous upgrades, helping oil & gas companies stay lean, agile, and confident in their technology.
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Lambda Selects W Energy Software
Lambda Energy Resources selected W Energy Software's Gas Gathering and Plant Processing modules for its cloud-based, cost-effective, and user-friendly ERP solutions to support expansion of its 75 MMcf/day Kalkaska gas processing plant, citing superior licensing terms, self-service reporting, and a unified platform that enables growth with a lean team while reflecting a broader industry shift away from legacy software vendors.
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