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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Oil prices can fluctuate significantly, but the precision of your project budgeting must remain consistent. Resource Energy Solutions' AFE Manager is tailored to enhance the efficiency of budget formulation and to support meticulous tracking of costs along with expenditure approvals. Users can rapidly create AFEs by utilizing standard drop-down selections, copying data from spreadsheets, and linking necessary electronic documentation. With the capability to align spending authorizations with your organization’s hierarchy, the AFE Manager safeguards against budget overruns and unauthorized expenditures. It also simplifies the management of information related to joint operating ventures. When integrated with Wellman, AFE Manager provides a comprehensive system that encompasses all aspects of in-field cost tracking, budgeting, and expenditure authorization throughout the entire project lifecycle. Additionally, this integration plays a crucial role in identifying potential bottlenecks, equipping management with timely insights necessary for prompt decision-making. This ensures that projects stay on track and within budget, fostering financial accountability.

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.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Enerpact No 
Pandell Jobutrax No 
eLynx Technologies No 

Integrations

Enerpact Yes 
Pandell Jobutrax Yes 
eLynx Technologies Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$35000 one-time payment
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person Yes 

Vendor Details

Company Name

Resource Energy Solutions

Founded

1995

Country

Canada

Website

www.resourceenergysolutions.com/afe-manager/

Vendor Details

Company Name

P2 Energy Solutions

Founded

1999

Country

United States

Website

www.p2energysolutions.com/p2-bolo

Product Features

Oil and Gas

Compliance Management No 
Equipment Management No 
Inventory Management No 
Job Costing No 
Logistics Management No 
Maintenance Management No 
Material Management No 
Project Management No 
Resource Management No 
Scheduling No 
Work Order Management No 

Product Features

Oil and Gas

Compliance Management No 
Equipment Management No 
Inventory Management Yes 
Job Costing Yes 
Logistics Management No 
Maintenance Management No 
Material Management Yes 
Project Management Yes 
Resource Management Yes 
Scheduling No 
Work Order Management No 

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