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
There is no definitive archetype for a typical user of this system, as it caters to a diverse range of professionals, including independent reservoir engineers compiling reserve reports, production engineers developing AFEs and overseeing daily production metrics, bank engineers managing petroleum loan packages, CFOs evaluating their borrowing bases, property tax specialists estimating ad-valorem values, and investors engaged in the buying and selling of producing assets. TCW’s ProdEval software offers a swift and thorough Economic Evaluation tool suitable for both reserve assessments and prospecting analysis. With its user-friendly and accessible approach to economic analysis, ProdEval effectively meets the needs of its users. A significant feature that appeals to newcomers is its ability to project future production using advanced curve fitting techniques, which allow for easy adjustments to the curves. The flexibility of the system is noteworthy, as it can integrate data from various sources, including Excel spreadsheets and commercial data providers, making it a versatile choice for many. Overall, ProdEval not only simplifies complex economic evaluations but also enhances the decision-making process for its users.
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
Texas Computer Works
Website
www.tcwsoftware.com/products/prodeval/
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