Blog

P2 Partners With New Story to Build New Homes for 2 Families in Bolivia

P2 Partners With New Story to Build New Homes for 2 Families in Bolivia
09/21/2016
Donors will receive a video introducing them to the mother, father, and children whose lives they helped change As part of P2’s social-responsibility efforts, we’ve partnered with the nonprofit organization New Story to build two new homes in Bolivia for families in need. Since it was established in...

P2 Introduces YouTube Channel Geared Toward Upstream Oil and Gas Professionals

P2 Introduces YouTube Channel Geared Toward Upstream Oil and Gas Professionals
08/26/2016
The next time you come across yet another cat video, resist the urge … oil and gas videos are way better anyway After lots of customer interviews, roughly 1,600 cups of coffee, some video stitching and polishing, and only one missing employee (OK not really) … P2 is...

P2 to Host Oil and Gas Production Seminars in Houston, Denver, and Fort Worth

P2 to Host Oil and Gas Production Seminars in Houston, Denver, and Fort Worth
08/10/2016
Seminars are free to attend and will feature a “state of the industry” update, a case study, and plenty of networking and Q&A opportunities As my team and I have noted in lots of blog posts, white papers, videos, and webinars in recent months, “oil and gas production”...

Back to the Basics of Oil and Gas Well Data

Back to the Basics of Oil and Gas Well Data
08/04/2016
Knowing the inner-workings of a well can tell you a lot about the data, and vice versa For this blog I’m starting with a story. This one is mostly true but I’ve changed the names and the story slightly to protect the guilty. At a previous employer a...

“Here’s Why I Attended ASCEND 2015 and Why You Should Attend ASCEND 2016”

“Here’s Why I Attended ASCEND 2015 and Why You Should Attend ASCEND 2016”
08/01/2016
“ASCEND gives us an opportunity to put faces with names and allows us to cultivate relationships that will help our businesses” This guest blog was written by John Shepherd, EnerVest’s Supervisor of Production. Although ASCEND 2015 was technically my second conference, it may as well have been my...

P2 Opens Registration for ASCEND 2016, Its Largest Customer Event of the Year

P2 Opens Registration for ASCEND 2016, Its Largest Customer Event of the Year
07/18/2016
ASCEND is where upstream oil and gas professionals gather to network, hear from industry leaders, and sharpen their skills Registration for ASCEND 2016 is now open! ASCEND is P2’s largest customer community event, bringing together hundreds of upstream oil and gas professionals every year to network, exchange best...

Production Capability Maturity Model: How to Keep Your Upstream Oil and Gas Operations Continually Running in an Optimized State

Production Capability Maturity Model: How to Keep Your Upstream Oil and Gas Operations Continually Running in an Optimized State
07/05/2016
Armed with probabilistic production forecasts, teams can create rules that trigger alarms and tasks when predefined events occur This is the last in a five-part series about the Production Capability Maturity Model for upstream oil and gas companies. This blog covers the how to’s of keeping your operations...

Production Capability Maturity Model: How to Make the Jump From Managed to Optimized Upstream Oil and Gas Operations

Production Capability Maturity Model: How to Make the Jump From Managed to Optimized Upstream Oil and Gas Operations
06/07/2016
Work and task management processes can help E&P companies minimize health and safety risk, reduce deferments, and stretch their resources further This is the fourth in a five-part series about the Production Capability Maturity Model for upstream oil and gas companies. This blog covers the components of the...

Leave Production Forecasting to the Machines

Powered by BetaZi, a physics-based predictive analytics engine, P2 Forecast generates automatic, probabilistic, unbiased oil and gas production forecasts for upstream oil and gas companies.
05/18/2016
Creating oil and gas production forecasts can be a tedious and time-consuming job, but now no one has to do it I just finished reading “Fooled by Randomness” by Nassim Nicholas Taleb. It's a bit thick but worth the slog. It explains in great detail the human tendency...

Why All the Buzz About Analytics and Big Data in Upstream Oil and Gas?

Why All the Buzz About Analytics and Big Data in Upstream Oil and Gas?
05/10/2016
Analytics can help us all make better decisions, but only if we understand what we’re getting, what it means, and the assumptions and data going into the system Big data and analytics are probably the most popular buzz words in technology right now. The reality is, big data...