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Average Ratings 0 Ratings

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ease
features
design
support

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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

Amid numerous challenges in the industry, oil and gas firms are diligently striving to enhance their operations in order to keep up with fluctuating oil prices and the changing landscape of energy demand. The EY DEEP solution, a product of the collaboration between EY and Microsoft, provides these companies with an innovative approach that facilitates a faster and less risky digital transformation of their upstream operations, positioning them to not only survive but also flourish in the future energy market. In the oil and gas sector, the dynamics have transitioned from a state of resource scarcity to one of abundance, prompting companies to adapt. The rise of alternative fuels and improvements in energy efficiency are impacting demand, while the increasing pressure to decarbonize adds another layer of complexity. These combined factors are straining returns and escalating costs, creating an urgent need for the sector to enhance efficiency through the digitalization of operations, which ultimately will determine their success in an evolving energy landscape. As these companies navigate this transformative period, their ability to leverage technology will be crucial in maintaining a competitive edge.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Enerpact
Microsoft 365
Microsoft Azure
Microsoft Dynamics 365
Microsoft Power BI
Microsoft SharePoint
Pandell Jobutrax
eLynx Technologies

Integrations

Enerpact
Microsoft 365
Microsoft Azure
Microsoft Dynamics 365
Microsoft Power BI
Microsoft SharePoint
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

EY

Country

United Kingdom

Website

www.ey.com/en_us/oil-gas/ey-deep-digital-energy-enablement-platform

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

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