P2’s New Outsourcing Offering Provides Back-Office Production Accounting Relief for Resource-Strapped Operators

DENVER–(BUSINESS WIRE)–P2 Energy Solutions (P2), the leader in software solutions for the upstream oil and gas market, announced today that it has launched an extension of its Business Process Outsourcing (BPO) offerings to include production accounting based on the P2 Merrick platform, the industry’s leading production operations solution.

As part of the service, customers will be able to deploy P2 Field Operator to their field users and integrate it with their SCADA systems. This will allow them to focus on their operations and health of their wells while P2 handles the daily activities associated with managing and reporting production volumes. At month’s end, P2 production experts will ensure that all oil, gas, and water volumes are properly allocated and accounted for and reported to the appropriate regulatory agency.

P2’s BPO – Production service is the only of its kind to offer direct integration with P2 Field Operator, daily allocations, and P2 Carte, the web-based self-serve production portal. Backed by the P2 Merrick allocation engine that offers daily and monthly allocations, customers that choose production outsourcing receive expertise and customer care from people with 25 years of industry experience.

Many of our clients told us they are struggling to find qualified people who know production from the field to the back office, so it only made sense for us to offer our services given our 30+ years of outsourcing experience. The fact that we can also provide access to their data and assurance that the allocations will be correct is icing on the cake,” said Clara Fuge, SVP, Production Solutions at P2.

To learn more about BPO – Production, watch this short video.

About P2 Business Process Outsourcing (BPO)

P2 has been providing outsourcing services for small startups and large operators alike since 1991, which is longer than any other provider in upstream oil and gas. More than 40 BPO and 500 other industry and software specialists comprise the P2 team that delivers BPO to customers to help them cut costs, consolidate, and capitalize on efficiencies gained through outsourcing. To learn more, visit https://www.p2energysolutions.com/p2-business-process-outsourcing

About P2 Energy Solutions

P2 Energy Solutions (P2) is the world’s largest independent provider of software and data solutions exclusively serving the upstream oil and gas industry. Professionals from more than 1,700 companies around the world rely on P2’s oil and gas data, land, production, and accounting solutions to optimize their business processes and performance. To learn more, visit https://www.p2energysolutions.com

Contacts

Whitney Daly

wdaly@p2energysolutions.com

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