Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
P2 BOLO stands out as a premier accounting solution specifically tailored for the upstream oil and gas industry, enabling U.S. exploration and production companies to enhance their operational efficiencies and derive greater value from intricate accounting tasks. Each day, P2 BOLO handles a volume of transactions that surpasses the annual totals processed by many other upstream software solutions. The complexities of shared ownership and joint ventures pose unique challenges within oil and gas accounting, which P2 BOLO effectively addresses through its comprehensive Accounting Module, offering insights into revenue accounting, allocation and valuation, as well as accounts payable and receivable, joint interest billing, and much more. Exceptional asset management plays a crucial role in maximizing project profitability. The Asset and Tax Management features of P2 BOLO significantly mitigate the risks associated with monitoring assets across both producing and non-producing properties while facilitating the calculation of Depletion, Depreciation, and Amortization (DD&A). This solution is capable of accommodating hundreds to tens of thousands of properties, seamlessly adapting as your organization expands and evolves in the dynamic energy sector. By leveraging P2 BOLO, companies can not only streamline their accounting processes but also position themselves for long-term success in a competitive landscape.
Description
The energy sector is currently facing a surge in demand from developing markets, coupled with heightened competition for leasing rights and financial resources. Additionally, there is a growing emphasis on public accountability and regulatory requirements for transparency. Companies are tasked with delivering products while managing aging assets and the looming challenge of a retiring workforce. This landscape presents significant hurdles for the global energy industry. In response, oil and gas firms are actively exploring ways to enhance their processes and adopt innovative technologies to maintain their competitive edge. Upstream operations require comprehensive insights into production workflows from reservoirs to pipelines, necessitating optimization and predictive analysis to mitigate potential losses. Meanwhile, downstream operations depend on thorough monitoring of refining plants' conditions and efficiency to ensure they meet market demands effectively. As the industry evolves, the need for strategic adaptations will only intensify, pushing companies to innovate and recalibrate their operational strategies.
API Access
Has API
API Access
Has API
Integrations
Enerpact
Pandell Jobutrax
eLynx Technologies
Pricing Details
$35000 one-time payment
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
P2 Energy Solutions
Founded
1999
Country
United States
Website
www.p2energysolutions.com/p2-bolo
Vendor Details
Company Name
SAS Institute
Founded
1976
Country
United States
Website
www.sas.com/content/dam/SAS/en_us/doc/overviewbrochure/sas-oil-gas-104957.pdf
Product Features
Oil and Gas
Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management
Product Features
Oil and Gas
Compliance Management
Equipment Management
Inventory Management
Job Costing
Logistics Management
Maintenance Management
Material Management
Project Management
Resource Management
Scheduling
Work Order Management