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

 

P2 Reserves Navigator

P2 Reserves Navigator enables business managers to view reserves volumes and reserves categories rolled up by producing field or by a business hierarchy that you define.

Contrary to other providers of reserves systems that serve only the Reserves Group, P2 Reserves Navigator has been designed to serve the corporation at large. We believe that all departments within a company need access to reserves information to do their jobs efficiently. P2 Reserves Navigator can help all departments get the information they need.

Develop Corporate Hierarchy

The image below demonstrates how a corporate hierarchy can be setup for any oil and gas company. The basic level for the Corporation is the Property, which can be based on your engineering consultant's property names or your own internal designations. Below the Property, you create logical well groups for all the wells in the Property. This process is similar to creating sub-directories in a main directory for ease of use rather than having all the files located under the main directory.

Above the Property level, you have the option of creating as many as 10 levels of hierarchy. These can include levels that represent Companies, Countries, Provinces, Teams, Districts, Accounting Areas or any other user-defined hierarchy. Navigator also allows you to easily change the order of the hierarchical levels if the need arises.

Anyone who has managed a corporate reserves system is aware of the difficulties associated with keeping track of a corporate well list that is constantly changing due to new drilling, acquisition or dispositions. Each new well brought into the company must be put into a Property and then a group for evaluation purposes. This can be an extremely complex process. P2 Reserves Navigator makes this process quick and intuitive by providing the Microsoft® Explorer drag and drop capability to move a single well or multiple wells from one well group to another within the same or a different Property in the database. This feature makes the life of the reserves administrator who needs to add in all the new well drills into the corporate reserves process on a monthly basis easy!

Advanced Selection

P2 Reserves Navigator includes an advanced selection feature that allows the user to select any combination of properties, groups or wells. After selecting the entities, the user may perform any number of transactions or run reports to derive specific data from them.

Launch Pad for Software

Once the corporate hierarchy is established, P2 Reserves Navigator can launch the P2 reserve modules from any hierarchical level. Navigator can also launch any number of reports that will give you the specific reserves system information you are looking for without the need to launch the reserves application.

P2 Reserves Navigator can be set up to launch one or more third party reports or applications that you have in-house. Imagine launching your corporate mapping package, going directly into the selected property, and seeing a display all the wells, pipelines, facilities and corporate lands for the property. Add to this map current Crown land sale postings or your current remaining reserves for each well and you can see the valuable information you are giving to your technical staff.

Database Options and Security

The Navigator can overlay Oracle® or SQL Server database. The security features of these products allow you to set up specific views for the various departments or teams within the company with full editing capability while still allowing full viewing capability to managers or executives that need to have access to information. Navigator also contains powerful filtering capabilities that will allow the user to select a custom view of corporate assets on any number of public or user-defined criteria.