When oil prices are low, operators naturally turn their focus to reducing lease operating expenses (LOE). However, during the recent uptick in prices, conversations in production operations are focused on not forgetting lessons learned and continuing that focus on managing LOE. An immediate contributor to increased LOE is...
Blog
Create Efficient & Effective Authorization for Expenditure (AFE) Management
01/15/2019
Authorizations for expenditure (AFEs) are the means for communicating and tracking final approval of expenditures for proposed projects in the oil and gas industry. They also help customers monitor project spending by providing insight into real-time expenses and comparing the spend to the approved budget. Often managing numerous...
Six Benefits of Workflow Automation in Upstream Oil & Gas Accounting
12/19/2018
In upstream oil and gas accounting, the pursuit of efficiency is never ending. Manual processes lead to wasted time, forgotten actions, and miscommunication. With an automated workflow, however, your accounting department can streamline many processes and all but eliminate time challenges. Join us as we discuss six benefits...
The Benefit of Replacing Manual Processes with Workflow Automation
11/29/2018
Is your back office tied up in tasks that take away from their core responsibilities? Are they spending hours sifting through spreadsheets in search of information only to find errors in data? Leave those days behind with an automated process from P2 Workflow. In this OilVoice article, “...
Unlock the Value of Accounting Data with Oil & Gas Business Intelligence
11/13/2018
Are you working in an upstream oil and gas accounting department that relies heavily on spreadsheets for your reporting needs? Do you find the manual processes that bring together data from different sources time consuming and error prone? Maybe you’re relying on other people to build reports which...
How Manual Processes & Workarounds Are Costing You Money
11/06/2018
We all know the saying, time is money. What manual processes and workarounds are you currently using at your upstream oil and gas organization that are costing you time, therefore money? Are you even aware of them? In this article we’ll go through a couple examples of manual...
4 Must-Haves for Oil & Gas Accountants
10/23/2018
It’s no secret that oil and gas accountants face work-related stressors on a daily basis. We broke down these stressors and how to solve the issues by curating a list of the top four must-haves oil and gas accountants need to streamline their process and ensure accuracy. Check...
10 Oil and Gas Back-Office Automated Workflows You Need
03/22/2018
Automated workflows not only save you time, but they also ensure that your processes are followed correctly from start to finish. As an upstream oil and gas operator, you are involved in hundreds of workflows. Automating these workflows can streamline your business, which is critical as you continue...
People Matter & We Know People
03/02/2018
“As a Lease Operator, you are responsible for the surveillance and overall upkeep of oil and gas lease sites.” This is an excerpt from one of the hundreds of job listings for the field operator position – a.k.a. meter tenders, lease operators, pumpers – on a popular job...
P2 Tobin Data: Putting Customers and Quality First
02/14/2018
Since 1928, P2 Tobin has been providing our customers with high-quality oil and gas data. Our focus on quality is in our DNA and results in information that can be trusted by our customers, allowing them to execute their workflows and meet their objectives with confidence. Our information...
