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features
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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 No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Enerpact Yes 
Microsoft 365 No 
Microsoft Azure No 
Microsoft Dynamics 365 No 
Microsoft Power BI No 
Microsoft SharePoint No 
Pandell Jobutrax Yes 
eLynx Technologies Yes 

Integrations

Enerpact No 
Microsoft 365 Yes 
Microsoft Azure Yes 
Microsoft Dynamics 365 Yes 
Microsoft Power BI Yes 
Microsoft SharePoint Yes 
Pandell Jobutrax No 
eLynx Technologies No 

Pricing Details

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

Pricing Details

No price information available.
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 No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

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

Types of Training

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

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 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 

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 

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