Production Data Management

To eliminate data discrepancies and "downstream" errors, production information should be stored and managed in a single location.  The operational data store provided by P2's Production Data Management software delivers a single source of the truth for better reporting and quicker decision-making.  The solution also handles hydrocarbon allocations of all complexities and has strong revenue-system integration, enabling your revenue accounts to make accurate payments to partners and royalty owners.

Capabilities

Operational Data Store

Integrate multiple sources for collaborative operations and reporting

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Sales & Production Reconciliation

Drive accuracy from production through revenue

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Hydrocarbon Accounting

Allocation of liquids and gas to producing formations

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Oil & Water Management

Manage inspections, inventories and liquid movements

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Regulatory Compliance

Reduce risk associated with production regulatory filings

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Loss & Deferment Accounting

Availability and loss detection, allocation, analysis and reporting.

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Production Forecasting

Leverage what you know about a well's historical production to predict the probabilities of future production rates.

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Production Reporting

Visualize, graph and analyze production data by a single well, field or across all your assets.

Learn About Production Reporting

Take the video tour below to see how P2’s Digital Oil Field solutions
have helped E&P companies achieve operational excellence and reduce deferments.

7 Challenges of Shale Operations That Must Be Addressed By Production Software

Click here to read our white paper, "Software for Success: The 7 Challenges of Shale Operations That Must Be Addressed by Production Software."

Robin Gorman of EnerVest
 

Watch to see how P2's solutions have helped Robin Gorman and her team at EnerVest make quick business decisions using easy-to-access data, quickly get data from the field to the back office, and generate regulatory reports for many different entities in a spreadsheet-less fashion.

Connie Ellis of Energen
 

Watch to see how Connie Ellis and her team at Energen have overcome the challenges of multilevel tank-to-well allocations, complex ownership arrangements, saltwater management and allocations, and frac tank volumes for wells on flow back.