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What is Waterfield Energy Software Solutions?
Our comprehensive software suite oversees every element of accounting and transactions within the upstream and midstream segments of the oil and gas industry, including systems for drilling reports.
- It enables employees from various locations to collaborate effortlessly through a user-friendly, cloud-based or on-site platform.
- Tasks can be completed in mere minutes or seconds, significantly accelerating processes with speeds up to 150 times faster than competing solutions, ensuring rapid data retrieval.
- We prioritize technological advancements that simplify upgrades, avoiding the lengthy and expensive 're-implementations' that many of our rivals provide, thereby enhancing overall efficiency and user experience.
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.
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
Waterfield Energy
Date Founded
2009
Company Location
United States
Company Website
www.waterfieldenergysoftware.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
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