P2 BOLO is the upstream oil and gas industry’s leading accounting software designed to achieve greater value for complex accounting operations. It was built by oil and gas accountants for oil and gas accountants. Features, benefits, and integrations abound, but a key differentiator for P2 BOLO is that it’s a mature and robust oil and gas accounting solution that meets the requirements of all types of operations and regions in the U.S.

Why upstream companies should record their revenue transactions from the contract detail and their production volumes

How do I know that I'm being paid correctly for what I've produced and sold?

In my 30-plus years in upstream oil and gas, I can’t tell you how many times I’ve heard that question.

But when operators record revenues from cash receipts and make distributions only after receiving payment from the purchaser, it's a question that's bound to be asked.

BOLO 13.0’s new enhancements help simplify many important accounting and land tasks

It’s been estimated that software users, upstream oil and gas professionals included, use just 20 percent of whatever software it is that they have.