P2 Energy Solutions to Demonstrate Industry-Leading Accounting Solutions at NAPAC Show in Dallas05/06/2019
DENVER, COLORADO – (May 6, 2019) – P2 Energy Solutions ("P2"), the unrivaled experts in upstream oil and gas software, will demonstrate its best-in-class P2 accounting software at the upcoming North American Petroleum Accounting Conference (NAPAC) in Dallas, Texas, May 16-17, 2019.
P2’s battle-tested accounting software helps upstream oil and gas organizations achieve greater value from assets that are becoming increasingly complex. As a strategic partner for disciplined exploration and production (E&P) companies, P2 offers a wide range of accounting solutions tailored to an organization’s location, business needs, and size – from small start-ups to large supermajors and any size in between.
Among P2 accounting’s most popular features are revenue accounting, helping organizations meticulously record, track, distribute, and report sales of oil, gas, and other products; fixed asset accounting software, which scrutinizes the availability and delivery of pipe and equipment to drill sites; and capital expenditure management.
With a customer base including 10 of the 20 largest producers in the Permian Basin, 10 of Eagle Ford’s biggest 20 producers, and seven top producers in the Uinta Mountains, P2 accounting customers are in good company. P2’s customers also produce more with less and reduce unnecessary processes by drawing from a variety of community resources offered via P2, including special interest groups, quarterly user group meetings, and a customer portal that contains more than 1,000 support articles.
“It’s been estimated that software users – upstream oil and gas professionals included – use just 20 percent of whatever it is that they have. That’s a lot of untapped features and functionality,” said Brandon Elam, vice president of accounting solutions at P2. “We’re thrilled to attend NAPAC and demonstrate the industry’s biggest and best accounting systems – all of which get the job done at a fair price – and show upstream users the latest finance solutions that they may be missing out on.”
P2 Energy Solutions empowers the people who power the world. Upstream oil and gas professionals from more than 1,700 companies around the globe rely on P2’s oil and gas accounting, data, land, and production solutions to optimize their business processes and performance.