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What is OGBOOKS?

OGBOOKS revolutionizes the accounting processes in the Oil and Gas industry, enabling users to effectively oversee their operations internally while minimizing both time and expenses through our specialized software. This comprehensive tool includes a wide array of features such as Accounts Payable, Accounts Receivable, Investor Management, Joint Interest Billing, and Payroll, among other essential functions. By facilitating the importation of revenue data from EnergyLink, OGBOOKS ensures a smooth and efficient integration experience. Users benefit from Automatic Backups, Excel data export capabilities, and unique functionalities like Ownership Transfer and a Virtual Filing Cabinet for enhanced document organization. The Virtual Filing Cabinet simplifies the scanning of invoices and related documents, significantly improving overall document management. Flexible training options are provided, allowing users to choose between online, phone, or in-person instruction. For additional support, users can refer to the user manual accessible from the Help menu within the software. By directly importing EnergyLink data into the Revenue Distribution module, OGBOOKS removes the burdensome task of manual data entry, resulting in a process that is both simple and efficient. Furthermore, this software boasts a plethora of additional features aimed at optimizing your workflow, while the Automatic Backups feature guarantees that your data remains securely backed up locally with no extra effort required. With these robust capabilities, OGBOOKS stands out as a vital tool for modern Oil and Gas accounting.

What is P2 BOLO?

P2 BOLO is recognized as a leading accounting solution designed specifically for the upstream oil and gas sector, empowering U.S. exploration and production firms to improve their operational efficiencies and extract more value from complex accounting functions. Each day, P2 BOLO processes transaction volumes that exceed the entire annual totals handled by numerous other upstream software alternatives. The intricate nature of shared ownership and joint ventures presents distinctive challenges in oil and gas accounting, which P2 BOLO adeptly navigates with its all-encompassing Accounting Module, providing valuable insights into revenue accounting, allocation and valuation, accounts payable and receivable, joint interest billing, among other functions. Efficient asset management is vital to maximizing project profitability, and P2 BOLO’s Asset and Tax Management capabilities significantly reduce the risks linked with overseeing assets across both producing and non-producing properties, while also streamlining the computation of Depletion, Depreciation, and Amortization (DD&A). This solution is built to handle anywhere from hundreds to tens of thousands of properties, easily scaling as your organization grows and adapts within the ever-changing energy industry. By utilizing P2 BOLO, companies can optimize their accounting operations and strategically position themselves for enduring success, ensuring they remain competitive in a rapidly evolving market. With its robust features and user-friendly interface, P2 BOLO not only meets the current needs of businesses but also prepares them for future challenges in the industry.

Media

Media

Integrations Supported

Enerpact
Pandell Jobutrax
eLynx Technologies

Integrations Supported

Enerpact
Pandell Jobutrax
eLynx Technologies

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$35000 one-time payment
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Bayside Computer Systems

Date Founded

1975

Company Location

United States

Company Website

www.baysidecomputersystems.com

Company Facts

Organization Name

P2 Energy Solutions

Date Founded

1999

Company Location

United States

Company Website

www.p2energysolutions.com/p2-bolo

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

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

Categories and 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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