Consolidate reserves volumes, classification, status, and changes to volumes into a single repository.

 

The P2 Reserves Management system gives executives and managers confidence in the reserves management process by consolidating reserves volumes, classification, status, and changes to volumes into a single repository. It provides roll-up capabilities and reporting functionality to quickly answer questions and understand asset performance. This facilitates faster, more frequent, and more accurate reserves reporting across the enterprise. It also assures business controls, transparency, and full audit trail capabilities required for implementation of compliance best practices.

Our global reserves management applications are used by some of the largest global oil companies, as well as super-independents and small oil companies, to manage reserves across their enterprise. The reserves management applications consist of a group of tightly integrated component modules designed to perform very specific aspects of the overall reserves management process. These component-based applications support configurable integration to leverage existing economic software packages and corporate databases. The reserves management system is finely tuned, with a focus on a flexible but compliant reserves process workflow, allowing configuration for specific process nuances for each customer, yet enabling full Sarbanes-Oxley (and ASE, SEC, NEB) process compliance.