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What is PlanningSpace?

PlanningSpace™ is a cutting-edge, cloud-based solution tailored for operators in the upstream oil and gas sector, emphasizing the planning of exploration and production along with petroleum economics. This state-of-the-art software enables the execution of a ‘Living Business Plan’ that provides users with real-time access to data from multiple departments, promoting seamless collaboration and feedback that mitigates risks and enhances resilience. By connecting personnel, tools, and workflows, it acts as the ultimate reference point for thorough corporate planning. Its design features a cohesive open database that is infinitely customizable and easily integrates with a variety of external tools and information sources. Moreover, the platform excels in data management, guaranteeing that all input data is both accurate and trustworthy prior to any planning or modeling activities, which significantly boosts decision-making and operational productivity. Another vital aspect of PlanningSpace™ is its strong focus on teamwork, enabling teams to collaborate more efficiently, which ultimately results in improved project outcomes and better alignment with strategic goals. This synergy not only enhances operational performance but also drives innovation within the organization.

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

Integrations Supported

Enerpact
Pandell Jobutrax
eLynx Technologies

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$35000 one-time payment

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard 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
On-Site Training

Company Facts

Organization Name

Aucerna

Date Founded

2005

Company Location

Canada

Company Website

aucerna.com/software/planning-space/

Company Facts

Organization Name

P2 Energy Solutions

Date Founded

1999

Company Location

United States

Company Website

www.p2energysolutions.com/p2-bolo

Categories and Features

Oil and Gas

Resource Management
Scheduling

Categories and Features

Oil and Gas

Inventory Management
Job Costing
Material Management
Project Management
Resource Management

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